Often community or non-for-profit organizations run local raffles to raise money. Usually a person will pay a certain sum of money for a chance to win the raffle.
Here's the math to help you find the probability of getting a prize. * x = number of tickets you're putting in * n = number of prizes being given.
Convert A to B odds for winning or losing to probability percentage values for both winning and losing. Raffle probability tree
Free download: Odds of winning a raffle with calculator
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