Raffles remain one of the most tried-and-true ways to raise money, but not all raffles are created equal. From traditional 50/50 draws and cash prizes to unique reverse raffles and exciting non-cash giveaways, each option offers its own benefits for engaging supporters and maximizing revenue. And with online raffle platforms, running these fundraisers has never been easier.
Choosing the right type of raffle comes down to your goals, resources, and audience. Some raffles keep things simple and low-risk, while others spark extra buzz with high-value prizes or limited ticket sales. Understanding how each raffle works, and who it’s best suited for, can help your organization find the perfect fit.
Raffle Rocket breaks down five popular types of raffles to help you raise more, plus additional insights on how to pick the best option for your next event.