If your nonprofit receives a gift that it is unable to use or store, consider using it as a raffle prize. This method will help you raise money and increase engagement with your audience.

Gift cards are popular prizes for raffles and have broad appeal. Other prizes include cooking classes, vacation packages, and even a reserved parking space in a desirable location.

Prizes

A raffle is a great way to raise money for your organization. However, it is important to choose prizes that are inexpensive or even free to help you sell more tickets and turn a profit. Larger prizes are more likely to draw attention, but they also cost more to purchase and deliver. Smaller prizes, such as a basket of chocolate, are more cost-effective and easier to send or deliver.

Children love to make things, and a basket of DIY craft supplies is a fun and low-cost option for a raffle prize. It is also a great way to keep them busy while you are raising funds for your nonprofit.

A musical instrument is a popular school raffle prize for kids, but it can be expensive to buy one. A raffle for a guitar, bass or drums can provide a new instrument to a student at a fraction of the cost. Other affordable options include a subscription to a monthly themed gift box or service, such as Ipsy, FabFitFun, Scentbird, or a yearly Netflix or Spotify membership.

Organizing a raffle

Organizing a raffle is an excellent way to raise funds for your school or community organization. It involves selling tickets to people and then drawing them to determine the winner. The prizes should be of high quality and ideally match your organization’s values. You can offer gift cards, electronics or other popular items. You can also try donating airline tickets or even trips to distant locations. It is important to have a committee to decide on the date, time and prizes for the raffle. You can also use local media to promote the event and spread the word.

Encourage participants to buy more tickets by promoting the raffle on social media, email marketing and the organizer’s website. Incentives like free tickets for participants who sell the most tickets can be a great way to get the ball rolling.

Selling tickets

Selling raffle tickets can be a big undertaking for your organization. The first step is to decide how much money you need to raise to cover all the costs of the prizes and the other expenses associated with running a raffle. This figure will help you determine the best price for your tickets.

Tiered pricing is a great way to increase ticket sales and promote additional perks for supporters who purchase bundles of tickets or tickets with a higher value. You can also offer discounts on bulk ticket purchases to encourage buyers and drive up your profits.

Make sure your tickets are numbered and perforated to prevent confusion at the drawing. You should also have a date by which all ticket stubs must be turned in. This will save you from the headache of having to call volunteers who have not returned their tickets and ask them to do so. It is important to publish these rules on your website and have copies available for volunteers to distribute.