Why a lottery is good for fundraising
Fundraising can be a real headache. There’s paperwork, planning, deciding what method to use. Then there’s the monetary outlay of fundraising, whether it’s the hiring of a space, prizes for a raffle, promotional costs, etc. And after all of that you still have no real idea how much money you’ll earn for your charity, with the risk of actually making a loss. This headache can easily be removed by running a society lottery. This involves followers of your charity paying a certain amount (usually £1 per line/go) per week.
Why a lottery?
With a society lottery you can generate a constant cash flow. Using this constant cash flow you are able to plan ways to spend your money efficiently. This allows you to comprehensively budget for your team and develop a plan to spend your budget where the team needs it the most. Therefore, your team can continue to flourish. However, whilst lotteries can be beneficial for charities, sports team, societies, etc., this does not mean they are easy to run. There are certain rules and regulations that need to be met. The draw needs to be done weekly, again, to the standards set by the Gambling Commission. Player databases need to be maintained, money needs to be handled, prizes calculated, etc. In short, whilst running a lottery can prove to be extremely beneficial for charities and sport teams. It takes a lot of work to run one.
This is where we come in to help you. Here at Prize Provision Services we will manage the lottery for you, organise prize winnings, saving you the time and stress. We are fully licensed by the Gambling Commission, which means not only are we experts at lotteries, but we know the rules inside and out too. All you will have to do is promote the lottery to your supporters, and you can begin building your funds as soon as possible! We provide all marketing materials to help you lottery succeed. The more you push your own lottery, the more you’ll earn for the team!
If you’d like to find out more, or launch a football club lottery for your team, get in contact with Prize Provision Services today! Send us an email at email@example.com or pickup the phone and call – 0115 888 1222.