# Setting Your Raffle Ticket Prices

### How to Price Your Single Tickets

#### The 0.1% Rule

Calculate your base ticket price as 0.1% (point one percent) of your total prize pool value:

* $10,000 prize pool = $10 ticket
* $5,000 prize pool = $5 ticket
* $20,000 prize pool = $20 ticket

#### Minimum Recommendations

* Start at $5 minimum per ticket
* $10 per ticket is realistic for:
  * Holiday packages
  * High-end appliances
  * Valuable electronics
  * Luxury items

#### Benefits of Higher Ticket Prices

* Better odds of winning (fewer tickets sold)
* Easier to reach fundraising targets
* More efficient sales process
* Higher perceived value

\*\*Use our 'RaffleLink Recommends' buttons to auto-populate our recommendations for ticket pricing

![](https://s3-ap-southeast-2.amazonaws.com/aus-cdn.freshdesk.com/data/helpdesk/attachments/production/51188588416/original/HWb56WVYX7w8Jx7EH461xiZSycRkRlW3hg.png?1729748491)

### Real World Example

Anne's P\&C Fundraiser Target: $25,000

Old Method:

* $2 tickets
* Need to sell 12,500 tickets
* More work, more paper, more handling

Better Method:

* $5 tickets
* Only need to sell 5,000 tickets
* Faster to reach target
* Less administrative work

### Ticket Packages

Always offer multiple ticket options:

`Example Package Structure:`\
`1 ticket = $10`\
`3 tickets = $27`\
`5 tickets = $40`

#### Package Tips

* Packages don't need huge discounts
* Small incentives encourage larger purchases
* Keep calculations simple
* Make bulk buying attractive

{% content-ref url="setting-your-ticket-packages" %}
[setting-your-ticket-packages](https://help.rafflelink.com.au/getting-started/registration-guide/ticket-pricing-step-6/setting-your-ticket-packages)
{% endcontent-ref %}

### Important Considerations

* Consider your audience's purchasing power
* Ask yourself "What would I pay for this ticket?"
* Factor in prize uniqueness and value
* Remember: online credit card buyers typically purchase more tickets than cash buyers

### Why Higher Prices Work

* Reduces total tickets needed to reach target
* Creates perception of better winning odds
* Matches modern fundraising expectations
* Simplifies administration and tracking
* Aligns with online purchasing behavior