Organizing a successful fundraiser raffle depends largely on the type of prizes being offered. Getting prizes can prove challenging for high school students but this can be overcome by asking for donations. There are local stores and businesses that usually support fundraising events held by schools or non-profit organizations. These donors are able to contribute prizes in the form of cash, household items such as TV sets, computers and even cars. Including teachers and other members of staff to contribute by donating is also an effective way of acquiring raffle prizes.
The more the prizes in a fundraiser the higher the chances of increasing the funds needed. People are excited by the idea of winning different prizes at one go and are even likely to purchase more than one ticket. The raffle tickets should be reasonably priced as compared to the value of the prizes to be won by participants. Prizes can include cash, a car, a paid trip, a gift certificate or shopping voucher. It is important to select the types of prizes depending on the type of people whom the raffle is targeting.
Sometimes fundraiser raffles that are carried out over a long period of time can generate more revenue. This means that instead of the raffle being a one off event, participants can engage in a weekly or daily draw to win prizes. Substantial publicity needs to go into planning this type of fundraiser because enough people need to participate for its success. It also requires a lot of available prizes to cover the duration of the drawing.
An effective way of getting participants to buy more tickets is to award them with extra ones. If someone buys five tickets they can be awarded with one more to increase their chances of winning. Charging the tickets at a pocket friendly cost will encourage more people to buy as many tickets as possible.