We do a 50/50 at each of our Home School Meetings and at most events we do. We price of our tickets are: $1 for 1, $2 for 3 or $5 for 15. Most people go for the $5. Good luck!
We do one almost every year during my company's United Way Campaign, I just couldn't remember for certain how the tickets were priced and wanted to see what other PTO's did. Thanks [img]smile.gif[/img]
You sell tickets to raffle off half of the money you take in from those tickets.
For example, you'd have someone walking around selling 50/50 tickets at an event. Say, 7 tickets for $5 or 15 tickets for $10. You'll periodically count the money and announce what the prize is up to. At a certain point you stop selling tickets, then have the drawing. At an event we were just at the winner took home $530. Our town's Lions Club has an annual one where the tickets are something like $50. Since they sell only a certain number, the winner is guaranteed to win $10,000!
