What is a 50/50 Raffle and How Does it Work?
CauseVox
JANUARY 2, 2025
The difference is with a 50/50 raffle, you can skip the prize procurement process. For example, if you sold 1,000 tickets at $5 each ($5,000 jackpot), your organization retains half of the proceeds ($2,500) and the winner takes home the other half ($2,500). The higher the total pool, the more the winner gets.
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