Reverse raffle fundraising can earn high returns with little or no upfront investment for a lot of non-profits. In states which allow raffles as fundraisers, reverse raffle fundraising comes with a cash prize to the last ticket to be drawn. Dinner and other prizes can be part of the event at minimal cost.
Reverse raffle fundraising increases the grand prize on the last ticket being drawn as opposed for the first ticket winning inside a standard raffle. Another difference backwards raffle fundraising would be that the grand prize is usually cash. By using the raffle ticket sales proceeds to provide the prize, the fundraiser organizer do not have the upfront monetary outlay for a valuable grand prize. As the grand prize is won with the last ticket drawn in a very reverse raffle, there are lots of opportunities from the course of enter to enjoy better paychecks for the charity.
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The Upside of Downs in Cleveland, Ohio used reverse raffle fundraising in conjunction with their spring fundraiser in March, 2010. The grand prize during this event was $4,000. The University of Toledo Athletic Department offered a $7,500 grand prize throughout their reverse raffle at the begining of 2010.
It is important to verify the laws concerning raffles in each state, usually while using Attorney General's office. Registered charities are allowed to conduct raffles like a fundraiser in most states.
The basic fundamentals of reverse raffle fundraising are raffle tickets, a big container to combine them in and draw them from, envelopes for the cash prize(s) plus a location to do the actual drawing. With these few elements in place, a reverse raffle fundraiser may be simple or as elaborate because non-profit cares to really make it.
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A reverse raffle does not have to involve a dinner or perhaps require the ticket-buyer to get present. A youth sports league could contain the reverse raffle working with the last day of the normal season on the ball field while a symphony orchestra could conduct its reverse raffle as part of its annual fundraising gala. The more elaborate the setting, the greater the profits. However, a more elaborate setting can involve rental fees of banquet halls as well as catering fees.
A simple setting for reverse raffle fundraising is really a dinner held in a school cafeteria or possibly a church kitchen. Fraternal organizations like Amvets or Elks can be helped by a reverse raffle if you take advantage from the facilities they already own. An inexpensive meal to serve 100 people for reverse raffle fundraising can include lasagna, salad, rolls, dessert and non-alcoholic beverages such as coffee, tea and lemonade. Featuring a grand prize of $1000 plus an additional $1000 in cash prizes distributed throughout the drawing, a tiny event of 100 people paying $50 per ticket can certainly net a lot more than $2,500 after expenses.
Each ticket should contain every one of the necessary information including the time and place of enter. The reverse with the stub or read more "receipt" portion with the raffle ticket should explain here is your chance process and then any additional prizes to get awarded.
Download a sample reverse raffle ticket here.
The actual drawing process during a reverse raffle fundraising event will most likely take a couple of hours with 100 tickets sold. If a non-profit decides to provide away a complete of $2,000 in prizes, they must allocate which tickets drawn will win the additional prizes. Attendees would appreciate having several opportunities throughout enter to get back their initial ticket fee of $50. A consolation prize of $100 could be awarded towards the first ticketholder drawn as well as the remaining $900 shown in $50 increments spread evenly through the drawing, for example every fifth ticket drawn.
The committee members ought to keep an accurate list in the exact order the tickets were drawn.
Short games can be played at intervals through the reverse raffle drawing to offer attendees the opportunity to win their way back into the drawing. Anyone desperate to try their luck at winning another ticket will pay a small fee ($5 or $10) to sign up. Each person can draw a chip away from a bag containing several white chips then one black chip. The person drawing the black chip wins a whole new ticket back into here is your chance. Another method is drawing cards, with the highest or lowest winning the re-entry.
Reverse raffle fundraising can be a challenge, however the rewards may also be highly beneficial.
Upside of Downs of Greater Cleveland
University of Toledo Athletic Department