# Setting Your Ticket Quantity

### Quick Start

* Use the "RaffleLink Recommends" button to automatically set tickets to 5x your prize pool value
* Our system will help you adjust quantities if needed through your admin portal

### How Many Tickets Should You Issue?

The simple answer: **Issue as many tickets as your state's fundraising caps allow**, unless you specifically want to limit tickets for exclusivity. This approach lets you maximize your fundraising potential while staying compliant with regulations

### What Are Fundraising Caps?

Fundraising caps are state-imposed limits on how much money you can raise from a raffle compared to your prize pool value. They exist to:

* Ensure fair fundraising practices
* Maintain reasonable odds for participants
* Protect consumer interests
* Regulate charitable gaming

For example, if your state has a 5x fundraising cap and your prize pool is worth $10,000, you cannot raise more than $50,000 from ticket sales.

### State-by-State Fundraising Caps

#### States with Specific Caps:

* **Victoria**
  * Under $22,340 prize pool: Can raise up to 6x prize value
  * Over $22,340 prize pool: No cap
* **Queensland**
  * Can raise up to 5x prize value
  * Need permit if raising over $50,000
* **South Australia**
  * Can raise up to 5x prize value
* **ACT**
  * Under $10,000 prize pool: Can raise up to 5x prize value
  * Over $10,000 prize pool: Can raise up to 10x prize value

#### States with No Caps:

* **New South Wales**
* **Western Australia**
* **Tasmania (online exemption)**
* **NT (online exemption)**

### Exceptions: When to Issue Fewer Tickets

There are times when you might choose to issue fewer tickets than your state allows:

1. **Creating Exclusivity**
   * High-value prizes
   * Premium market targeting
   * Better odds of winning
2. **Limited Edition Raffles**
   * Special events
   * Luxury items
   * VIP experiences

### Examples

#### Standard Raffle Setup

#### `Prize Pool: $10,000` `State Cap: 5x` `Maximum Possible Revenue: $50,000` `Recommended Approach: Issue enough tickets to reach cap`

#### Limited Ticket Strategy

#### `Prize Pool: $50,000` `Strategy: Exclusive limited release` `Tickets: 1,000 only` `Ticket Price: Higher price point` `Selling Point: Better odds of winning`

### Recommendation

Unless you have a specific reason to limit tickets, we recommend:

1. Use maximum tickets allowed by your state
2. Start with our recommended 5x multiple
3. Let our system help adjust if needed
4. Monitor and adjust through admin portal

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