a couple of places in our area routinely sell tickets for $5-----but they only sell a set amount of tickets. if you sell 200 tickets, they have a really good chance of winning.
and you know how much money you will make($1,000)-- of course, you have to sell those 200 tickets. 200 at $2 yields $400---you still have to sell the 200 tickets! depends on how much time & energy you have to do the job. and I agree with several others---it has to be a well-done quilt.
good luck !