Originally Posted by Suzanne in VT
I'm in the process of making a queen sized log cabin quilt with all Moda fabrics (Kansas Troubles) to raffle off for a fundraiser.
This will be the only thing raffled off and I am wondering how much to charge per ticket. I know I have bought tickets in the past that were like $2/each or 3 for $5, but am wondering what others out there pay.
This is for a mission trip that my daughter is going on with a group of students from Liberty University. It is expensive and we need to make as much as possible.
Would you pay $5 for a quilt raffle ticket? I'm thinking we could do $5/each or 3 for $10. I know personally I would pay that much for a ticket on a quilt that I loved (and also for a cause that I supported), but don't want to set this price if it is a really bad idea.
Your thoughts?
In our area, chances are almost always $1 each or 6 for $5. IMO, the amount you charge for a chance has little to do with how much you make------------unless you get crazy and ask for $10, then you'll not make anything..
When I buy chances I decide how much I'll spend, then buy tickets accordingly. If I want to spend $20, I'll buy 24 tickets here or 4 thickets if you stay at $5 each,
HOWEVER, at $5 each, you will cut out a few people who will spend a dollar and no more.