Different states have different ( and very specific) Rules concerning raffles. You need to check your States requirements before going too far. Some require a permit and the date of the drawing has to be on the tickets along with other specific information. Don’t be blindsided- find out what you have to do to hold a raffle before you get too far into the process.
The last one I participated in here in Michigan we sold tickets for $10 each- 6 for $50. We made $1500. On raffle tickets. We sold tickets for 1 month. We had a few local businesses advertising - had a flyer and photo of the quilt and selling tickets for us, along with everyone we could talk into selling them. We also had a booth set up at a little local festival with the quilt hanging for people to see it. Holding a raffle can be a lot of work.