Fundraising for Small Groups Newsletter

A free newsletter with fundraising ideas, tips, and secrets for the small nonprofit fundraiser


September 23, 2017

SUBSCRIBE FREE
Get an email update every time I publish a new fundraising article!

Your Name:

Your E-mail Address:

I promise never to sell, rent, or give your email address to anyone else. PERIOD!


Bookmark Fundraiser
Share Fundraiser
 Subscribe in a reader

Custom Search

Home


Subscribe Free

Why Subscribe?


About Us

About Us
Contact Us



Article Archive

Managing a Fundraiser

Fundraising Strategies

Fundraising Ideas

Fundraising Products

Fundraising Events

Fundraising Resources

Fundraising Volunteers






The 50-50 Raffle Fundraiser

by Deane Brengle



The 50-50 raffle fundraiser. It's not the most glamorous fundraiser. Or even the most productive fundraiser for the amount of money it raises. But when used correctly, the 50-50 raffle can be a steady ongoing source of fundraising revenue for almost any size or type of nonprofit group.

The 50-50 raffle won't win you any prizes (no pun intended) as a fundraiser. But then again, it won't hurt you either. The 50-50 raffle fundraiser has a lot going for it and almost no downside:

  • Easy Fundraiser - Is your nonprofit group looking for an easy fundraiser? The 50-50 raffle is it. No need to explain it. Everyone knows about it.

  • ROI (Return on Investment) - For the time, money, and manpower invested you won't find a better return.

  • Start Now - After you clear your initial hurtles with your state regulatory agency, a 50-50 raffle fundraiser is easy to get going.

  • No Interference - The 50-50 raffle won't interfere with your other fundraisers.

  • Everyone's a Donor - We're talking pocket change here folks. A buck or two per person adds up quickly.

  • No Burnout - This is a low impact fundraiser. So low that everyone who contributes won't even think of it as a fundraiser.

  • Repeat as Needed - Repeat this fundraiser time and time again with success.

  • Add One - A 50-50 raffle fundraiser is a great add-on to an existing event.

How the 50-50 Raffle Fundraiser Works

A raffle involves many people buying tickets for a chance to win a prize or prizes. In the case of a 50-50 fundraising raffle the prize is 50% of the money taken in by the raffle ticket sales. The other 50% is retained by the nonprofit group holding the raffle. Hence the name, 50-50 raffle fundraiser.

A person can purchase one or more tickets, and each ticket purchased equals one entry in the drawing for a winner. A certain number of tickets are sold or a specified time passes and a single ticket is randomly chosen.

You sell as many tickets to each person as possible, for a fixed fee. Typical ticket prices are $1, $5, or $10 depending on the makeup of your group. The most common price is one ticket for $1.

So here it is in a nutshell: Sell the raffle tickets and collect the money. Add up the amount you have collected and divide it in half. One half goes to the winner and the other half to your organization. Draw the ticket. Award the winner their 50%.

Typically participants have to be present at the time of the drawing to win. Allow a set time limit, which can be as short as a minute or two, for the winner to claim their prize. If nobody claims the prize within the time limit, just draw another number until somebody wins.

Your only expense for this fundraiser is the raffle tickets. You may also find it convenient for your raffle ticket sellers to purchase carpenter style aprons that tie around the waist. The aprons have two pockets. One for money and the other for the sold ticket stubs. A large clear plastic jar (gallon size or larger) to put tickets into for the drawing is nice too. It lets everyone see that everything is on the up and up with the ticket drawing.

Sell More 50-50 Raffle Tickets

Obviously the more tickets that are sold, the more money the seller and the winner will make. Since it's all profit anyway (other than the small cost of buying the tickets), each 50-50 raffle ticket is usually cheap to buy. I wouldn't recommend charging any less than a dollar per ticket. Making change is hard enough without adding coins to the mix.

No matter how much you charge per raffle ticket, offer incentives for multiple purchases. If you charge one dollar for one raffle ticket, offer three for two dollars, and seven for five dollars. Or an arm length for $20. Always try and up sell your customer.

Don't forget to ask everyone. Just because someone hasn't bought a raffle ticket before doesn't mean they won't buy one now. Some people just haven't been asked. Others may not have had the money available the first time.

Make sure your customers know what they can possibly win when they buy their fundraising raffle tickets. Tell folks how much the last raffle winner won.

Who Should Hold a 50-50 Fundraising Raffle?

All nonprofit organizations and charities, large and small, should think about holding a 50-50 raffle fundraiser.

Although typically this type of raffle is used as a fundraiser for smaller nonprofit groups like booster clubs, sports teams, and social clubs, many other groups can and should consider the 50-50 raffle:

  • Churches
  • Golf Tournaments
  • Libraries
  • Festivals
  • Fire Departments
  • and many others!

While many larger nonprofits perhaps consider themselves above this type of fundraising, it can make a wonderful add-on to an existing event.

50-50 Raffle Ticket Sources

50-50 raffle fundraising tickets are the style of tickets that have two sections that both share a unique serial number. They come on a consecutively numbered double ticket roll. The seller keeps one half and the buyer gets the other half. Tickets can be sold fast because there isn't any name, address, or phone number to fill out.

They are usually available at local party supply stores and big box office supply stores for under $10 for a roll of 2,000 tickets.

Fundraising Raffle Ticket Roll Fundraising Raffle Ticket Single



50-50 Raffles and the Law

A 50-50 fundraising raffle is a game of chance. They are highly regulated in all 50 states. Each state, and sometimes each local jurisdiction, has their own rules. There are even a few states that forbid 50-50 raffles!

Don't even consider planning a raffle until you understand all the rules and regulations involved. In most instances paperwork will have to be submitted and approved before you can hold a 50-50 raffle. But if your nonprofit qualifies it is usually a simple process.

For more information about each state's raffle rules please consult my article, Fundraising Raffle Laws, Rules and Regulations.

Conclusion

Fundraising with a 50-50 raffle is easy, fast, and makes good money time after time. Won't you consider one for your nonprofit group's next fundraiser?

AddThis Social Bookmark Button
AddThis Social Bookmark Button
 Subscribe in a reader

***********************


Fundraising Expert - Deane Brengle

About the Author:

Deane Brengle writes for several free online publications that cover fundraising for small nonprofit groups. You can visit these publications and read more about fundraising in articles by him and other experts in the field at The Fund$Raiser Cyberzine, The Fundraising for Small Groups Newsletter, and Fundraising Booklets.





Home / Subscribe Free / About Us / Contact Us

copyright © 2000 - 2010 all rights reserved Fund$Raiser Group
ISSN 1530-6127 - Library of Congress, Washington DC, USA
Editor's Picks

Fundraising Booklets
Complete "how-to-do-it" fundraising guides - Free

Cookiedough Fundraising
Scratchcard Fundraising
Safe Fundraising




Recommended Suppliers

AWeber Communications
Send newsletters, unlimited email campaigns, autoresponders, and more. Free customer service (800# with a real human), free HTML templates, and free email analytics. 3 months of service free to non-profits opening new accounts, followed by a 25% discount from regular pricing. This is the service that the Fundraising For Small Groups Newsletter uses!

www.AWeber.com


Recommended Books

Grant Writing for Beginners
Learn how to quickly and easily establish relationships with regional foundations and build a strong base of grant support for your nonprofit.

www.WriteGrantProposals.com
Read a Free Excerpt

Ask Without Fear
A simple guide to connecting donors with what matters to them most. Chock full of practical, easy-to-understand fundraising tools and secrets.

www.FundraisingCoach.com

7 Essential Steps to Raising Money by Mail
Learn with practical examples, detailed checklists, writing helps and other tools. Sample letters for different types of solicitations and for different nonprofit groups. A step by step guide to writing fundraising letters.

www.StepByStepFundraising.com

Silent Auction Guide & Toolkit
Learn how to create a successful silent auction fundraiser. Silent auction strategies, timelines, auction items and how to organize and display them, how to close an auction and take payments, and other add on fundraisers to boost the bottom line of your silent auction.

www.StepByStepFundraising.com

Let's Raise Money
The inside scoop about small group fundraising. Learn from the founder of a national fundraising company as he reveals secrets observed over nearly two decades of fundraising.
www.LetsRaiseMoney.com
Read a Free Excerpt

The Ultimate Guide to Planning a 5K Run or Walk Fundraiser
Plan a successful race from scratch. Proven marketing strategies, find and manage volunteers, maximize revenues, recruit and motivate teams. Checklists, forms, speadsheets, worksheets all included.

www.CharityMile.com

Secrets of the Charity Auction Experts
Learn from the experts! Discover the best selling auction items. How to get auction items donated. How to boost attendance. How to get more bids and higher selling prices. How to coordinating volunteers, staff and auction consultants.

www.StepByStepFundraising.com