Website Path: Home > Fundraising > Fundraising Ideas > Lotteries, Raffles, and Draws
Lotteries, Raffles, and Draws
Sections in this page:
Get all of your staff to help Telemiracle and at the same time, they will all be eligible to win a monthly cash prize. The draw will take place on the last working day of the month. Maintenance is easier when payroll deduction is used. Following is an example of revenue and expense breakdown for a $99 annual employee contribution:
- for 26 pay periods, you deduct $3.81 per pay
- monthly prizes are $1,000, $500, $99
- employees can only win the $1000 prize once. After winning the $1000 prize, the winner will still be eligible for the $500 and $99. The $500 and $99 prizes can be won more than once, and the winners will still be eligible for the $1000 prize.
Revenue:
400 tickets @ $99 = $39,600
Expenses:
Prizes:
12 @ $1,000 = $12,000
12 @ $500 = $ 6,000
12 @ $99 = $ 1,188
Shrinkage:
$1,000 (people who leave throughout the year)
Total Expenses:
$20,188
Total Income:
$19,412
Remember: This example is based on 400 employees. Annual contribution and prize amounts can be adapted to meet your organization’s size.
Choose a day during the month and sell 50/50 tickets to employees. Half of the proceeds go to the winning ticket and the other half a donation for the foundation. You can also hold a 50/50 draw during other events and allow all participants to purchase tickets.
The same philosophy applies as with the staff lottery, where staff has the opportunity to contribute to Telemiracle with the chance of winning vacation time. The amount of time could be a day, a week, or two weeks. Try using payroll deduction as a method of payment with a monthly draw for one vacation day. At the end of the year, a draw will take place for the 12 monthly winners for a one-week vacation. The method and amount of payment, along with the frequency of the draw and the amount of vacation can be tailored to your organization.
Take advantage of your employee contacts. Develop a committee of people in your organization who may have business contacts in the travel and entertainment industry. Obtain airfare, accommodations and tickets to events (theatre, sports, etc.) that can be packaged into one ticket that can be sold throughout your organization and/or to the public.
Organize a casino night where participants play a variety of casino games with “fun money”. Selling tickets to the event raises funds. There are many variations of a casino night, such as:
- Have an auction where participants can bid on items based upon the amount of “fun money” they have won over the course of the evening;
- Have an auction where participants buy items with real money;
- Have a raffle on a trip;
- Incorporate a 50-50 draw.
Make sure you carefully consider your ticket price, have enough volunteers (approximately 15 for an event with 150 participants) and extensively publicize the event.
 |
 |
Kinsmen Telemiracle Foundation 2217C Hanselman Court Saskatoon, SK S7L 6A8 Ph: 306-244-6400 Email: telemiracle@sasktel.net Website: www.telemiracle.com |