Producing Quality Raffle Tickets for 43 Years!
NOW ONLINE

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.

The Best Prize

Cash raffles, Cars, Time shares, Guns, Liquor, can all be great prizes for your raffle. But anyone can purchase these. Why not promote your raffle with a prize that cannot be purchased, such as an interaction with a local celebrity? Lunch with a Local sports figure, a grill out at your home with a popular local TV celebrity, popular chefs may serve a dinner at their kitchen table or view the big game from a local corporations sky box, the list is limited only by your imagination. And remember that the back of your Raffle Ticket is always available to promote the prize giver.

Raffle Ticket Notes - 2

A tombola is a form of raffle in which prizes are pre-assigned to winning raffle tickets. Typically, numbered raffle tickets are used, with prizes allocated to all those ending in a particular digit (traditionally a five or a zero). Players pay for a raffle ticket, which they then draw at random from a hat or tombola drum and can instantly see whether or not they have won a prize. Prizes may also be distributed by letting the player make a selection or by proactively marking prizes with the winning numbers.

Tombola’s are a great way to add an additional revenue stream to your function.

When considering a raffle or any fundraiser for your organization, be sure to consult your attorney to make sure that your fundraiser is legal in your location.

Raffle Ticket Notes - 1

A raffle often involves several different possible prizes that can be won, and a raffle ticket will be drawn from the group of raffle tickets sold at random for each of the prizes. In this manner, people are not buying raffle tickets to win a specific prize, but for the possibility of winning any of the prizes, as the prizes do not have specific numbers attached. A raffle ticket is drawn for the initial prize; that ticket is then left out of the container. A second raffle ticket is then drawn for the next prize, and that ticket also is discarded, and so on. This continues until all prizes have been won.

A common practice for increasing revenue from raffle ticket sales is to offer bulk sales of tickets, e.g., $1 per single ticket or $5 for 6 tickets. Players tend to spend more money on bulk raffle 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 organization holding the raffle.

Nonprofits who run raffles raise more money than more traditional ways of raising money because people are more willing to donate to an organization when they have a chance to win a prize.

When considering a raffle or any fundraiser for your organization, be sure to consult your attorney to make sure that your fundraiser is legal in your location.

True Random Raffle Tickets

Does your organization use Raffle Tickets based on the last 3 numbers of a lottery and you have 2 numbers on a ticket? If so, we offer a Raffle Ticket that has 2 completely random numbers on each of the 500 Raffle Tickets. Most Raffle Tickets have a separation of 500 between numbers, however our tickets have a variable separation between the 2  numbers on your Raffle Ticket with no duplicate numbers. These tickets are priced at $64.00 for the 500 and are  available only on request.