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Some of the best raffle ideas are those that are easy to do and raise a lot of money.
The larger the grand prize, the smaller the percentage can.Car raffles will raise that much and more, depending on the desirability of the car being raffled, the ticket pricing and the overall ticket sales volume.With dream prizes, more tickets will need to be sold with ticket prices correspondingly higher.Having lots of additional chances to win smaller cash prizes is another great ticket sales incentive.They sold 32,000 tickets at 150 each, grossing.8 million for a house appraised.8 million.Raffle Ideas Types or Formats, here are the six main raffle formats and a brief explanation of how to raise money with each type: Door prize raffle By adding a drawing for door prizes, you can why do you have to lodge a tax return increase the ticket price for your event.For instance, when you have a 10 ticket price, a 10,000 cash prize is a huge draw.Now thats a raffle!For example, a car being raffled can have its msrp pegged at 40 of total ticket revenue.Raffle profits vary wildly across the different prize categories.Secondary prizes can be donated goods or services.As with a cash raffle, keep your prize costs under 50 of total ticket sales.
High-end raffle Awesome prize with stratospheric ticket prices and a limited number of tickets.