What is a 50/50 Raffle?
I was at a basketball game the other night and an idea suddenly hit me. When you live in a community and have children, one of the things you do most often is go to the local basketball or football games. My husband and I don’t have kids, but we still go to the local games just to get to know people in our community. I noticed a raffle going on, that has been going on for a while, that is the most simple form of a raffle I’ve ever seen.
It’s called a 50/50 raffle. All you have to do is have people pay a certain amount to enter into a contest, and if they win the contest they gift half of the proceeds made from selling spots to enter the contest. You still achieve the goal of raising money, and the “prize” that the participants win is straight up cash. What person doesn’t like to win cash?!
What’s cool about this raffle is that it can be on a big or large scale and the contest can be whatever you want it to be. If you have this raffle on a large scale, it’s important to hand out raffle tickets so that people who haven’t paid to participate don’t just get in line for it. As I mentioned before, I saw this raffle going on at the local basketball game. The contest was to make a half-court shot. A 8 year old kid won, can you believe it?!