Raffle Ticket Prices and Prizes

Raffles are popular fundraisers for schools, clubs and community groups. Prizes can range from sports tickets to smart home devices or even a professional cleaning

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Pricing your raffle tickets correctly is crucial to your event’s success. Using the right pricing will encourage ticket sales and increase your profits. The right price will also rally your community and boost participation.

Plinko
The Plinko game offers players the chance to win a variety of prizes and rewards, including cash prizes. While luck plays a big role in the outcome, players can employ some strategic decision-making to maximize their chances of winning. This includes analyzing the board layout, observing previous chip trajectories, and adjusting their drop technique.

Although it’s tempting to aim for the jackpot, it’s a good idea to focus on slots with moderately high payouts. These slots offer better odds of winning and increase the likelihood that you’ll walk away with a prize. Observing the trajectories of previous chips can also provide insights into the dynamics of the board.

On rare occasions, a Plinko chip can get stuck in the middle slot. To avoid this, Bob Barker keeps a long stick nearby to retrieve the chip and let the contestant retry. This method has been endorsed by The Price is Right’s Standards and Practices committee.

Golden Ticket
Usually offered during large gala or signature events, Golden Ticket allows guests to win a high-value item for the price of one ticket. It is a great way to increase revenue at a fundraising event. The prize may be a single item from the live auction lineup or an entire package put together by your organization.

To sell tickets, have a table with a big sign that says “Golden Ticket.” Round up your most friendly and extroverted volunteers to walk around selling them. They can wear special hats or costumes to stand out. You’ll want to limit the number of tickets that each attendee can purchase to keep the giveaway fairly exclusive.

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Candy Bars
Candy bar fundraisers are some of the most popular fundraising options. They are simple to run, require no setup, and can generate a significant amount of money for your group.

You see them everywhere. In grocery stores and convenience stores, on playgrounds and outside libraries. They are a quintessential part of Halloween. And they are the sweetest way to raise money for your group.

The most popular candy bars are named after pop culture icons or dance crazes, like the Charleston Chew. The candy boom of the 1920s also resulted in catchy names for bars, such as Charles Lindbergh begat the Winning Lindy and Clara Bow begat the It bar.

At JustFundraising, we offer several different candy bar fundraisers including the $1 America’s Variety and $2 Community Chocolatiers. The America’s Variety offers a great selection of 5 flavors and groups start earning 41% profit on their 1 case order. The Community Chocolatiers are a bit simpler with 3 best selling flavors and start at 50% profit for groups.

Prizes
Getting the right prize mix and price is a delicate dance between affordability for your prospective buyers and ensuring significant revenue generation. A successful raffle can be transformed into an unforgettable fundraising event with a little planning and careful execution.

Start by identifying the total cost of your prizes. Then add your fundraising goal to determine the ideal ticket price. Make sure you include all costs associated with the event, including marketing, ad campaigns and software to host your event online.

Set up ticket sales stations in high traffic areas with balloons and streamers to attract attention. Each station should have a secure cash box for holding money and plenty of small bills to make change. Also, have a visible receptacle (like a fishbowl or transparent jar) to hold the tickets and a pen for collecting name and contact information. Make sure you have a system for selecting the winner at the end of the drawing, like a random name picker or a lottery wheel.