Funding Change's unique online platform can support traditional percentage payout raffles (i.e. 50/50 draws) and prize raffle draws or a combination of both. We can also add Early-Bird draws to help inspire ticket sales.
As a Split the Pot raffle, organizations are now also able to perform "Progressive Pot" raffles. Progressive pot raffles have more than one draw, typically last over a longer period of time and split the ticket sales between winners drawn throughout the raffle and the Jackpot winner.
For instance, in a Split the Pot raffle where 50% of all ticket sales goes to the organization and 50% to the winner, a progressive pot raffle could be set up to run over three months (say March, April, May) where 50% of all ticket sales purchased in March go into the March pot and the other 50% go into the jackpot drawn in May.
That would mean that if $10,000 in sales occurred in March, $5,000 would go into the March pot and $5,000 would go towards the jackpot. Then, a monthly winner would be drawn to win 50% of the March pot or $2,500. In April if $10,000 in sales occurred, $5,000 would go into the April pot and $5,000 would go towards the jackpot (now $10,000). A monthly winner would be drawn in April to win 50% of the April pot or $2,500.
Then in the final month of May, if $20,000 in sales occurred it would be added to the pot that already stands at $10,000 to become $30,000! A jackpot winner would be drawn that month to receive 50% of that pot or $15,000.
Stay in touch as we add raffle games such as “Chase the Ace,” Cash Calendars and other variations in the future!