Decide on a prize. The best prizes are those that appeal to your prospective Raffle Ticket buyers. A hunting rifle may be an attractive prize to someone that lives in a rural area but may be of little interest to an intercity dweller.
Consider offering multiple prizes. You will give the raffle ticket buyers several chances to win a prize and perhaps win more than 1 prize by throwing the winning number back in the raffle drum. Large cash awards as well as prizes such as alcohol, tobacco, and firearms may all have special reporting requirements as well as requirements pertaining to the wording on your raffle ticket. Be sure that you consult your attorney on these issues.