Lotteries have been one of the most successful business ventures in history, as people are naturally drawn towards large rewards, regardless of how minuscule the odds of winning are. A great fundraiser to host in your chapter, school, or community is a raffle! They are fairly easy to setup and can help raise substantial amounts of money.
The key to a raffle is having an organized method for counting who bought what ticket and ensuring that you reach a wide audience. Another key thing is to incentivize your audience. Ensuring that you have a good prize will create s substantially larger interest from your audience. For example, if doing it within your chapter, you may choose to offer free conference registration, if doing it within your school or community you may set up prizes such as gift cards.
After advertising, the easiest way to track which ticket belongs to which person is through a spreadsheet or any other method electronically. Give your fundraiser a bit of time to build up steam, and after hitting your goal, you can perform the raffle and notify your winners. It’s a great way to raise money, and some people win prizes along the way!