A fifty-fifty raffle, often associated with sporting events like Chicago Bulls games, involves selling raffle tickets where half the proceeds go to a designated beneficiary (often a charity) and the other half to the winning ticket holder. The winning ticket number is typically drawn during the event, and the results are announced shortly thereafter, frequently made available online for those who were unable to attend in person. This provides transparency and allows participants to quickly determine the outcome. The specific date of the drawing is crucial for locating the correct information.
These raffles offer a straightforward fundraising mechanism for organizations and a chance for fans to support a cause while potentially winning a substantial cash prize. The immediacy of knowing the results contributes to the excitement and engagement surrounding such events. Historically, raffles have been a popular method of fundraising and community building, and the digital age allows for broader participation and easier access to results. This accessibility enhances transparency and builds trust with participants.