Big-Ticket Raffle Prize Ideas
Why think small when you can think big?! Here are just a few ideas to take your next fundraising raffle into first-class category. Some that are not too far-fetched, and some really luxurious prizes.
Cash Who can resist a hefty cash prize? Paying even as much as $10 for a raffle ticket when you might be rewarded with $500 doesn’t sound like such a bad idea. If you offer a large cash prize and are going to be charging a fair amount for tickets, though, make sure to offer some smaller, runner-up prizes, too.
Computer Computers or computer peripherals make great prizes. A brand new laptop sounds good to just about any demographic. To really lure ticket buyers, consider raffling off some of the newest tech, like an iPad. It’s something many people wouldn’t buy outright, but would love to win.
Electronics There are of course many other types of electronics you can raffle as well. Smart phones, GPS devices, ebook readers and MP3 players are just a few of your options.
Event Tickets We mentioned event tickets in our post on raffle prizes under $100, but if your budget’s a little bigger you can get tickets to more expensive events or offer premium seats or elite access.
Travel Now we get into REALLY premium prizes. Travel is of course a popular prize for many types of contests. You could pick a popular destination such as Hawaii, a unique experience like an overnight train trip down the Pacific coast, or an adventurous getaway like a whitewater rafting trip in the Grand Canyon. The key here is to know your audience and pick an appropriate prize.
Cars If you want to offer a car as a raffle prize, it’s going to involve some serious money or a very generous donation. You’ll also have to weave your way through the vagaries of tax law. So you’ll need to consider carefully before opting for this one.
Houses A dream house of course couldn’t be left off the list. They’re very popular prizes these days and bound to draw ticket buyers. However, house raffles can be even more problematic than car raffles, and many states have specific laws about this particular prize.
Whether you decide to raffle off a house or a computer, there are bound to be people who won’t be particularly interested in that specific prize, no matter how much it’s worth. So our final word of advice is to offer a cash option to your winners.