£1k to £1 million – How to run a successful prize draw on Crowdfunder

by Tom Wood | Oct 02, 2024 | Events, Learn

£1k to £1 million – How to run a successful prize draw on Crowdfunder

Prize draws are a powerful way to raise money for a cause. When done well, they can unlock impressive results. From quick boosts in revenue to building long-term donor engagement, this fundraising format offers a scalable solution that works for both small grassroots campaigns and large national charities.

Here’s what you need to know to run a successful prize draw on Crowdfunder, based on insights shared by our fundraising experts.

Why Prize Draws Work

Prize draws tap into two key motivators: the desire to win something special and the willingness to support a good cause. That emotional connection, paired with a compelling incentive, can dramatically increase engagement and average donation size.

And unlike traditional fundraising, prize draws can be repeated, adapted, and scaled, making them ideal for building momentum over time.

How to Set Up for Success

1. Choose a prize that resonates
The most successful draws aren’t necessarily built around the biggest prizes, but around the right ones. Think exclusive experiences, unique items, or things money usually can’t buy. Your prize should speak to your audience’s interests and feel relevant to your mission.

2. Tell a clear and emotive story
People don’t just enter because they want to win. They enter because they believe in what you’re doing. Clearly explain how funds will be used, why the campaign matters, and what impact their support will have. Use imagery and testimonials to bring the story to life.

3. Keep it legally compliant
You’ll need to follow the Gambling Commission’s guidance for prize draws. Crowdfunder makes this simple with built-in features that support compliance, so you can focus on fundraising rather than fine print.

4. Build a strong promotion plan
A prize draw’s success depends on how well you promote it. Use email, social media, press outreach, and partnerships to drive traffic. Create shareable visuals, post regular updates, and make use of countdowns to build urgency.

5. Make the most of the momentum
Going live with a prize draw is just the beginning. Thank your entrants, share milestones, and post reminders as the deadline approaches. Use the campaign as an opportunity to invite new people into your community and set up supporter journeys.

Real-World Results: Music Support

One standout success story comes from Music Support, a charity that raised over £10,000 through a prize draw on Crowdfunder. Their campaign worked because it combined an authentic message, a prize their community cared about, and a clear plan to keep the draw visible across multiple channels.

They also used the prize draw to grow their audience and increase long-term engagement—a perfect example of how this kind of campaign can do more than raise money.


Start Your Own Prize Draw

Whether you’re aiming to raise £1,000 or £1 million, prize draws can help you get there. They’re flexible, exciting, and proven to work—especially when paired with the right tools and a strong strategy.

👉 Launch your prize draw on Crowdfunder today and start raising funds in a way that connects, converts, and grows your mission.

Ready to raise funds for your idea?

Over £400 million has been raised from our crowd to support the projects they love! Plus tens of millions more unlocked by our partners.