Going to try to set up a raffle to help fund a memorial scholarship. Needing advice from people who have set them up as to what works and what didn't. Also, what type of items would make you want to buy a ticket. Want to keep tickets in the 5-10 dollar range. TIA
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Guns... around here anyway. Little league, school functions, hospice, non profits and the list goes on. I buy them from anyone that comes by. If you can get someone to underwrite or donate them even better.
I see a lot of $20 per ticket or 6 for $100. Seems to work really well even if you have to buy the guns. Won't take long to double your investment. Hit up business that might have a manager in charge of an expense account. They love gun tickets because they're spending someone else's money on a "donation", knowing if they win they'll keep it... so I've heard anyway.
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Guns and high end coolers. We pick out a special gun and do a limited sale of 300 tickets @ $20 each. That is 6 grand, minus the gun cost. So if you spend 1k or less on a gun you are making 5K. Not bad. We have had good results with making it a limited number of raffles sold. When you have a 1 in 10,000 chance of winning, many won't play. 1 in 300...That is way better odds and they sell fast.
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Last raffle I did was a nice O/U shotgun, a stand up shop air compressor and a 65Qt Rtic cooler. 5$ a ticket or six for $25. I also limited the number of tickets too 500.
It’s been my observation that if you offer a free chance on a bigger buy of tickets and put on the ticket the number of chances being sold will help encourage buyers on the fence. If your selling 2,000 tickets for $1 a piece they won’t sell them all and you’ll be lucky to sell half.
Also $5-10 seems to be the right range for tickets. $20 will net the high rollers at a fundraiser event but average Joe isn’t gonna get more than one.
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