We needed to raise money for a trip we were going to take, so we decided to do a raffle.
We bought a stereo 3 cd changer/2 cassette player for $99.99. Sold the raffle tickets at $5.00 each and decided that the 3rd ticket out of the bowl would be the lucky one. The first two tickets that were taken out, were given a consolation prize which was their $5.00 dollars back.
It was a good fundraiser we made $180.00 dollars in profits(you might want to sell the tickets for a little more).