When it comes to hosting a successful fundraiser, few things are as important as setting the right raffle ticket prices. A well-thought-out pricing strategy can boost sales, attract more participants, and help you reach or even surpass your fundraising goals.

Whether you’re running a school raffle, a charity gala, or a basket raffle, knowing how to price raffle tickets effectively will ensure your event is both profitable and enjoyable.

At Raffles for Less, we’ve helped countless organizations and individuals design, print, and sell custom raffle tickets. In this guide, we’ll walk you through everything you need to know about common raffle ticket prices, pricing formulas, examples, and best practices.

Why Raffle Ticket Prices Matter

Setting your raffle ticket prices is more than just picking a random number. Price impacts:

  • Participation rates – Too high, and people hesitate; too low, and you miss revenue potential.
  • Perceived value – A well-priced ticket reflects the quality of your prizes and event.
  • Fundraising success – Price directly determines how much money you can raise after covering expenses.

By understanding the factors behind average raffle ticket prices and using a simple pricing strategy, you can maximize sales without alienating your audience.

Understanding Raffle Ticket Prices

Raffle ticket prices vary depending on the type of event, your audience, and the value of your prizes. For example:

  • Common raffle ticket prices: $1–$5 per ticket for school or community raffles.
  • Gala or charity event prices: $10–$50 per ticket due to higher prize values and a more affluent audience.
  • Basket raffle ticket prices: Often sold in bundles (e.g., “6 tickets for $5” or “25 for $20”) to encourage bulk purchases.

If you’re unsure where to start, looking at the average price for raffle tickets in similar local events is a great benchmark.

Factors That Influence Raffle Ticket Prices

Before finalizing your raffle ticket prices, consider the following:

  1. Fundraising Goal
     Your target amount directly influences ticket price. If you aim to raise $5,000, your pricing must make this possible given your expected ticket sales.
  2. Event Type
     A casual community raffle will typically have lower prices than a black-tie charity dinner.
  3. Audience Demographics
     Understand your buyers’ spending comfort level. Families may prefer $1–$5 tickets; corporate donors might accept $20–$100 tickets.
  4. Prize Value
     Higher-value prizes justify higher ticket prices. For example, vacation packages allow for premium pricing compared to small gift baskets.
  5. Legal Requirements
     Some areas limit ticket prices or require permits. Always check local regulations before setting prices.

How to Price Raffle Tickets – Step-by-Step

Here’s a proven approach to setting good raffle ticket prices that balance affordability and profitability.

Step 1: Set Your Fundraising Goal

Decide how much money you want to raise, keeping in mind your cause and expenses.

Step 2: Calculate Total Expenses

Include ticket printing (see our Pricing for affordable options), prize costs, permits, marketing, and venue fees.

Step 3: Estimate the Number of Tickets You Can Sell

Be realistic based on past events or your audience size.

Step 4: Use the Raffle Ticket Prices Formula

Formula:

Ticket Price = (Fundraising Goal + Total Expenses) ÷ Estimated Tickets Sold

Example:

  • Goal: $2,000
  • Expenses: $500
  • Tickets to sell: 500
  • Ticket Price = ($2,000 + $500) ÷ 500 = $5 per ticket

This creates a starting point for your raffle ticket prices template. You can adjust based on audience feedback.

Common Raffle Ticket Prices – Real-World Examples

Here are some common raffle ticket prices seen across different fundraising events:

Event Type Typical Price Range
School or community raffle $1 – $5
Basket raffle $5 – $20 (bundles)
Charity gala raffle $20 – $100
Online raffle $5 – $50

Using these benchmarks, you can compare your event’s goals and audience to set fair average raffle ticket prices.

Basket Raffle Ticket Prices – Why Bundles Work

Basket raffle ticket prices are often structured to encourage bulk buying. Example:

  • Single ticket: $2
  • 6 tickets: $5
  • 25 tickets: $20

This works because it creates a perceived “deal,” encouraging supporters to spend more without hesitation. If you’re planning a basket raffle, consider offering at least three pricing tiers.

raffle ticket template

Good Raffle Ticket Prices – Striking the Balance

“Good” pricing depends on two main things:

  1. Covering Costs – Ensure each sale contributes to your fundraising goal after expenses.
  2. Attracting Buyers – Pricing too high can discourage participation; too low limits revenue potential.

Pro tips for good raffle ticket prices:

  • Use bundle pricing to boost sales volume.
  • Offer early bird discounts to create urgency.
  • Create VIP packages with extra perks or tickets.

Using a Raffle Ticket Prices Template

A raffle ticket prices template helps keep your planning organized. Here’s a sample you can adapt:

Fundraising Goal Expenses Estimated Tickets Sold Suggested Price Bundle Offer
$3,000 $500 500 $7 3 for $20, 10 for $60

You can easily design and print these tickets by visiting our Order Page.

Example Pricing Scenarios

School Fundraiser

  • Goal: $1,000
  • Expenses: $200
  • Tickets: 400
  • Price: $3 each or 4 for $10

Charity Gala

  • Goal: $10,000
  • Expenses: $2,000
  • Tickets: 500
  • Price: $24 each or 5 for $100

Online Raffle

  • Goal: $2,500
  • Expenses: $300
  • Tickets: 300
  • Price: $9 each or 3 for $25

Promoting Your Raffle at the Right Price

Even perfectly priced tickets won’t sell if people don’t know about them. Promote your raffle:

  • On social media and community boards.
  • Through email newsletters.
  • In person at events.

Learn more about our story and services on our About Us page or get in touch via Contact Us for personalized advice.

Ordering Your Raffle Tickets

Once your raffle ticket prices are set, the next step is professional printing. At Raffles for Less, we specialize in custom raffle ticket printing that’s affordable, fast, and tailored to your event.

Visit our Pricing page to see cost-effective options, or go straight to our Order Page to get started today.

Final Tips for Success

  • Keep pricing simple and clear.
  • Offer multiple buying options to appeal to all budgets.
  • Monitor sales so you can adjust strategies for your next fundraiser.
  • Always thank participants for supporting your cause.

FAQs About Raffle Ticket Prices

  1. What is the average raffle ticket price?
     Most community raffles fall between $1 and $5, while larger charity events range from $10 to $50 per ticket.
  2. How do you calculate raffle ticket prices?
     Use the formula: (Fundraising Goal + Expenses) ÷ Estimated Tickets Sold.
  3. What are good raffle ticket prices for a small fundraiser?
     Aim for $1–$5 per ticket, with bundle deals for larger purchases.
  4. Should I offer bulk discounts?
     Yes, bundles encourage higher spending and increase your total revenue.
  5. What is the best pricing for basket raffle tickets?
     Bundle offers like “6 for $5” or “25 for $20” are very effective.

Conclusion

Pricing your raffle tickets is both an art and a science. By understanding your goals, audience, and expenses, and by using proven strategies like bundle pricing and VIP options, you can set good raffle ticket prices that drive sales and maximize fundraising potential. For high-quality, affordable raffle ticket printing, trust Raffles for Less your partner in fundraising success. Explore our Home page to learn more, check out our Pricing, or Order your tickets today.