Description
100 club
A ‘100 club’ is a type of lottery used quite often in schools and organisations to help raise funds.
Note ! We are only taking payment for Raffles via bank transfers – apologies for any inconvenience.
If you want to order ‘physical’ items as well and want to pay via Paypal then please place a separate order for those goods.
How does it work?
You buy a numbered ticket which is entered into a regular monthly draw.
Each month we will draw 3 numbers with the winnings being paid out as follows:-
1st ticket drawn wins 30% of that months entry money.
2nd ticket drawn will win 15% of that months entry money
3rd ticket drawn will win 5% of than months entry money.
All remaining money will go towards running the UK Mega Lincolnshire 2021 2020 event.
Example
Total number of members = 50 (50 members paying £1.00 per month = £50.00 entry money)
Total prize fund = £25.00 (50% of £50.00)
1st prize = £15.00, 2nd prize = £7.50, 3rd prize = £2.50
