50/50 Raffle Guide: Tips and Strategies for Fundraising Success

The 50/50 raffle is a straightforward yet highly effective fundraising tool that has gained popularity among nonprofits, charities, and community organizations.

In this format, participants purchase raffle tickets, and the main prize is half of the total proceeds collected during the event.

This simplicity not only makes it easy for everyone to understand but also encourages greater participation, as the more tickets sold, the larger the prize pool becomes. With minimal costs involved and the potential for significant fundraising success, the 50 50 raffle is an accessible option for organizations looking to engage their supporters and raise funds for their causes.

What Is 50/50 Raffle?

The idea of a 50 50 raffle is really simple. Imagine a raffle where people pay for raffle tickets. The main prize is half of the sum of proceeds collected during the event.

How Many Tickets Can a Participant Buy in the 50 50 Raffle?

In a 50/50 raffle, participants typically enjoy the flexibility of purchasing an unlimited number of tickets, which significantly enhances their chances of winning. This open-ended approach allows individuals to invest as much as they feel comfortable, thereby increasing their odds of having their ticket drawn as the winner. For instance, if a participants buy one ticket, they have a 1 in X chance of winning, where X is the total number of tickets sold. However, if they purchase ten tickets, their chances improve to 10 in X, making it a strategic decision for those eager to win the prize.

This structure not only incentivizes more ticket sales but also fosters a sense of excitement and competition among participants, as they see others purchasing multiple tickets. Furthermore, organizations can encourage bulk purchases by offering discounts, such as a deal where buying a certain number of tickets results in a lower price per ticket. This enhances the overall fundraising potential of the event.

The Advantages of 50/50 Raffle

• It’s clear – everybody understands how it works – participants purchase a ticket and get a chance to win 50% of the money collected.
• Accessible for everyone – the ticket price is usually only one dollar, everybody can afford to buy a few tickets.
• Easy to organize and low expense – no need to buy prizes, the only costs are paper tickets.
• 5050 raffle can be combined with your other fundraising activities.
• Safe and scalable – if you organize only a small event and collect a small sum, the winner gets half of the sales, it won’t break your budget at all. And vice versa for large national raffle. You are always in a safe way.
• You can do it everywhere, there are no special place requirements.
• Repeatable – as this is a popular way to raise funds even for donors, you can repeat it regularly.
• It happened many times that the winner donated his prize to the charity or nonprofit, so the effect was 100% of the tickets sold.

50:50 Raffle Tickets Price

When organizing a 50/50 raffle, setting the right ticket price is essential for attracting participants and maximizing revenue. The ticket price should be tailored to your target audience, ensuring it remains affordable while still encouraging sales. Typically, raffle tickets start at $1, but depending on the event and audience, prices of $5 or $10 may also be appropriate.

To further incentivize participation, consider offering bulk purchase discounts. For example, you might sell 12 tickets for $10 instead of the standard $12, making it more appealing for participants to buy multiple tickets. It’s important to maintain a fixed ticket price for all participants to ensure fairness and transparency.

Raffle Tickets Design

You can enhance the raffle experience by purchasing rolls of tickets in various designs. They can vary widely, from simple color schemes and patterns to more elaborate themes that resonate with the cause or event. For example, if the raffle is supporting a charity focused on environmental conservation, the tickets could feature nature-inspired graphics or colors that evoke a sense of the outdoors, making them more engaging for participants.

Additionally, creating custom tickets that reflect your organization’s branding can further strengthen the connection between participants and the cause. Custom tickets can incorporate your organization’s logo, colors, and even a catchy tagline that communicates the mission or purpose of the raffle. This not only enhances the visual appeal of the tickets but also serves as a marketing tool; participants may keep the tickets as mementos, thereby spreading awareness about the organization and its mission.

Well-designed tickets can elevate the perceived value of the raffle, making participants feel they are part of something special. A cohesive look for the tickets can also enhance promotional materials and social media presence, as visually appealing tickets are more likely to be shared online.

Lastly, ensure you have a sufficient quantity of tickets printed to meet demand and avoid running out during the event.

How to Run a 50-50 Raffle?

Check your local laws and raffle regulations, there are many limits, information requirements or approvals in almost all states and countries worldwide. The 5050 raffles are even prohibited in several states.

Plan the sale of tickets thoroughly to sell as many tickets as you can during the event. Offer the tickets to everyone and you can make several rounds to sell more tickets. Try to make the selling process interesting or funny for both sides.

Prepare the exact raffle rules and publish them at the beginning of the event so there are no doubts.

Select the winner at the end of the event.

You can draw the winner manually from a hat (transparent jar, lottery wheel…). Make sure that the drawing is done by some impartial person (who didn’t buy a ticket). Or use our random name picker to select the winner in a transparent way.

If the winner must be present during the drawing to be eligible to win, put this requirement into the raffle rules.

If the winner does not claim the prize in a time limit (usually one or two minutes), continue drawing another winner.

Other articles:

• Charity and nonprofit raffles