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Successful Raffles - Part 6 for 2019

When you print your Raffle tickets you will need certain information on them.

 

On the side of the raffle ticket that the purchaser keeps is where you will want to list event information such as your organization name, address and phone number, list of prizes, event name, drawing date and location as well as any other required information as required by law.

 

On the stub side of the raffle ticket, provide spaces for participants to fill in required information. This information will vary with the raffle but usually includes the participants name, address, phone number, email address and sometimes seller information. It is also a good idea to put the name of the raffle and the date on the stub.

 

Some state regulations require that raffle tickets be numbered on both ends, so look into the rules for your particular state before having your raffle tickets printed. That being said, it makes little sense to not number your raffle tickets.

 

Raffle tickets hints for 2019

When you print your Raffle tickets you will need certain information on them.

 

On the side of the raffle ticket that the purchaser keeps is where you will want to list event information such as your organization name, address and phone number, list of prizes, event name, drawing date and location as well as any other required information as outlined in Successful Raffles—Part 3

 

On the stub side of the raffle ticket, provide spaces for participants to fill in required information. This information will vary with the raffle but usually includes the participants name, address, phone number, email address and sometimes seller information. It is also a good idea to put the name of the raffle and the date on the stub.

 

Some state regulations require that raffle tickets be numbered on both ends, so look into the rules for your particular state before having your raffle tickets printed. That being said, it makes little sense to not number your raffle tickets.

 

Successful Raffles - Part 5 for 2019


When offering a large prize such as a car or major cash award, be sure that the raffle ticket sales will cover the cost of the prize plus the funding that you are trying to achieve. A large prize will definitely attract attention but will it support a raffle ticket price of $50 or $100 or higher? Will your prospective ticket buyers want to spend $100 on a raffle ticket or would you be better off selling 4 times as many tickets at only $25 each. Consider a stop loss on your raffle such as canceling the raffle and returning sold raffle tickets to the buyers if a certain level of sales is not achieved or perhaps linking a cash prize to the amount of raffle tickets sold. The terms and prizes of your fund raising efforts are up to your organization and you can be as creative as you would like—just be sure to check the legality of your offer in you area with your attorney.

 

Make an impact with JUMBO raffle tickets

BeaconRaffleTickets.com is pleased to remind you that we have available JUMBO raffle tickets - A BIG raffle ticket for BIG prizes. Our jumbo raffle tickets are great for raffles that need a lot of room for lots of prizes, directions or sponsorship's. The size is a generous 8.5” x 2.75” and can be printed on all of our 10 colors of raffle ticket stock. This is not yet an item included on our web site but is still very easy to order by contacting our customer service department. So give us a call toll free at 1-844-232-2664.

 

Successful Raffles—Part 3 for 2019

Who is giving the raffle

What is the prize that is being raffled

Where will the raffle take place

When will the raffle take place

Why are you having the raffle

Successful Raffles—Part 2 for 2019

Bulk Raffle Ticket Sales

A common practice for increasing revenue from raffle ticket sales is to offer bulk sales of the raffle tickets. For example the raffle holders may sell their raffle tickets for $1.00 each and $5.00 for 6. in many cases the raffle tickets are offered in convenient books of 6. Players tend to spend more money on bulk tickets believing they have a much better chance of winning. Since the raffle tickets cost little to produce, and the prize expense has been set, the number of raffle tickets sold creates little or no additional cost for the raffle holders thereby increasing your revenue.

BeaconRaffleTickets.Com will be glad to put your raffle tickets in books of any quantity for a slight additional charge.

 

Successful Raffles—Part 1 for 2019

A raffle is a game of chance in which participants purchase raffle tickets in exchange for the chance to win a prize. The prize is typically determined by a random drawing of the winning raffle ticket from the pool of sold tickets. Raffles are regulated by State and local governments and the laws vary by location. Be sure that you consult your attorney or your CPA in the early planning stages of your raffle.

Is Your Raffle Legal?

Is your Raffle Legal

Raffles are governed by State laws and sometimes County and even City laws. Some states allow nonprofit organizations to raise money by selling raffle tickets, but some states prohibit raffles of any kind. No state allows individuals or for-profit groups to conduct raffles. Many states, Counties and Cities require that a permit be obtained and printed on the Raffle Ticket. Confused? We recommend that you consult your attorney prior to ordering your raffle tickets. Once you know the legal requirements in your area you can proceed in raising money for your organization knowing that you are within the law.

Determine the price of your Raffle Ticket


You can search the internet for hours to determine the selling price of your Raffle Ticket, but it will always depend on your unique situation.

A few things to consider when determining the selling price of your raffle ticket.

1.       How much money do you want to raise?

2.       How many Raffle Tickets do you reasonably expect to sell?

3.       Do your prospective Raffle Ticket buyers love your organization, or are they sold to the public to win a nice prize?

4.       Do you have a backup plan if you do not sell enough Raffle Tickets to cover you costs?

5.       Is your prize legal, or politically/ morally correct for your area and your organization?

6.       What is the cost of your main prize?

7.       Is your prize appealing to your target prospective buyers?

8.        What are the operating costs of your Raffle, including consulting with your attorney?

Your organization will want to invest considerable time into the planning of your Raffle to get the best results.