Our Little League ran a $100 raffle about this time last year. They only had 200 tickets to sell. The winner was drawn on December 18 and received $10,000 and the league got the other $10,000 (WE NEED NEW LIGHTS FOR THE FIELDS COSTING APRROXIMATELY $50K) Most people split the tickets with at least one other person, some split it more ways. I would say about 50% of the tickets were purchased by companies or pepople who sponsor teams. Our school could never do this...but it was a fantastic raffle and a great prize! They also do a Ford raffle, $10.00 ticket for a brand new Ford vehicle...this year it was a 2006 Mustang. The good thing about that one is the Ford dealership donates the car and 100% of the proceeds go to your organization. The bad thing is EVERYONE in town was selling them...football, baseball, soccer, schools, cheerleaders, girl scouts, CYO's everyone! I guess that was good though because then they got all the proceeds...I think baseball raised $3500.00 for that.
We did a raffle for free tuition for a year. Of course you have to sell enough tickets to cover the cost of the tuition. We kicked around limiting the number of tickets sold and selling them at $100.00 but felt that the price was too high. We dropped it to $30 or $40 per ticket. We did okay, not great partly due to the fact that it was towards the end of the year and all of us were "raffled out".
This type of raffle has been done in our area at an even smaller grade school than what we are. The grand prize is $25,000 with about 20 other prize levels. The least amount you could win would be $250.00. Have any of you done one where the raffle ticket was $50.00 each? What types of raffles have you done in order to make decent money for the school? Thanks for the info
I have never heard of anyone doing $100 raffle ticket and I agree with poster Jenn that you would have to be raffling off big prizes like cars and trips to get people to bite at that. Lastly, I would just say that unless you live in a very affluent area you will not sell a lot of tickets. The average Joe will be hard pressed to hand over $100 for a chance to win something no matter how great the prize is. Just because you would like to take a chance on winning an item doesn't mean you can afford to.
That's a pretty expensive raffle ticket. Are your prizes worth a lot more than $100? Are you raffling off cars or trips? I wouldn't think you could sell many raffle tickets if they cost $100 each unless I guess the prize was worth thousands of dollars.
Has anyone done a raffle where the tickets were $100 each and then there were about 20 different prize levels awarded. If so, could you pleae post the information on what you did and what you put on the tickets that you sold. Thanks
