A 50/50 raffle is a fundraising activity often conducted at community gatherings. The basic idea behind a 50/50 raffle is that participants purchase tickets, and the money collected from ticket sales is split evenly between the organizers and the winner.
The appeal of the 50/50 raffle is that the more tickets sold, the larger the prize, creating excitement and encouraging more people to participate. Additionally, the organizers benefit from the funds raised to support their cause or event.
- 1 ticket for $1
- 6 tickets for $5 (Only 83.3 cents/ticket.)
- Arm’s length (15-18) tickets for $10 (Only 67.7 to 55.6 cents per ticket, depending on your reach!)
The best deal will be "an arm's length of tickets." You can get as many tickets as you can stretch tightly between your nose and your thumb and pointer finger.