How to Do a Raffle Drawing
Raffles are a popular way for organizations to raise money because they give participants the pleasure of giving along with the thrill of entering into a contest. Before your organization's first raffle, familiarize yourself with details of the processes, challenges and potential pitfalls of this kind of fund-raiser.
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Instructions
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Check local laws to make sure that raffles are legal for your organization in your state. Some state laws prohibit this activity or place certain limitations on who can do it and how.
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Choose a prize or selection of prizes. Consider items such as large electronics, gift cards to popular stores or restaurants, a new vehicle, or a cash prize (if legally permitted). To save money, try to get discounts or donations of prizes from individuals in your organization or from local businesses that would benefit from the positive publicity of donating to a raffle.
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Determine ticket prices. The lower your ticket prices, the more tickets you're likely to sell. Avoid making prices too low, as this will make it more difficult to recoup your costs and make a profit on the raffle. As a general rule, raffle tickets are an impulse buy, so it's usually good to keep their price in the range of $1 to $5.
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Buy or create tickets. Each raffle ticket purchased by a buyer must have its own number and match another ticket with the same number, which your organization keeps in order to choose a winner. You can print your own or have them printed, or you can buy rolls of raffle tickets (often sold at party stores) with doubles of each number. However you get your tickets, make sure you keep track of the copy for each ticket that's sold and include the name and contact information for each buyer with their ticket number.
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Hold your raffle. Choose whether to perform the drawing in a public ceremony (best for events where you've spent one day selling tickets, such as fairs) or to do the drawing in private. If you do the drawing in private, contact the winners.
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References
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