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DIY 50-50 Raffle Fundraiser: Half for Me, Half for Charity (or Maybe the Other Way Around)

DIY 50-50 Raffle Fundraiser: Half for Me, Half for Charity (or Maybe the Other Way Around)

The Origin 50-50:
Much like the origin of the universe or the first chicken salad sandwich, the exact inception of the 50-50 raffle remains a mystery. Did it evolve from ancient civilizations betting on gladiator outcomes, with the victor winning half the spoils and the rest going to lion-feed funds? Perhaps not. But one thing is for sure – the concept of splitting the pot is as old as time. It’s simple: 50% for the winner, and 50% for a good cause. Voila! Everyone leaves a tad happier.

The Essential Toolkit:
So, you’re itching to get started? Here’s what you’ll need:

  1. Tickets (DIY printed or professionally made).
  2. A trustworthy container (no peeking!).
  3. A charismatic ticket seller.
  4. A crowd (preferably one with wallets).
  5. A good cause.

ROI – Not Just for Stockbrokers:
The beauty of the 50-50 raffle is the ease with which you can calculate the return on investment (ROI). For every ticket sold, you know that half goes directly to the fundraiser. Minimal overheads. No worries about unsold stock. Just clear, concise, and effective fundraising. And for the winner? It’s a potential windfall that they can feel good about. Especially if they donate it back, making it a 100-0 raffle, if you will.

Variations on a Theme:
If the classic 50-50 feels a bit “been there, done that,” here are some spicy variations to make the raffle even more enticing:

  1. Incremental Increases: For every milestone reached (e.g., every 100 tickets sold), add a bonus to the prize pot.
  2. Mystery Multiplier: Have sealed envelopes with multipliers inside. The winner picks one, and that multiplier is applied to their winnings.
  3. Double Down: Have two draws. The first winner gets 30%, and the second gets 20%. The suspense! The drama!
  4. Add-On Prizes: Alongside cash, solicit donations for other prizes. Win a spa day with your chunk of change!

DIY 50-50 raffles combine the excitement of gambling with the warm-fuzzy feelings of charity. Whether you stick with the classics or experiment with a variation, this fundraising technique is a tried and true way to engage an audience and raise money. And remember: when the stakes are high and the odds are 50-50, everyone has a chance to be a winner!

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