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Www.michigan.gov/cg (517) 335-5780 Charity Game Tickets have a built in profit of 15% and are sold all over the State of Michigan at licensed Raffles,

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Presentation on theme: "Www.michigan.gov/cg (517) 335-5780 Charity Game Tickets have a built in profit of 15% and are sold all over the State of Michigan at licensed Raffles,"— Presentation transcript:

1 www.michigan.gov/cg (517) 335-5780
Charity Game Tickets have a built in profit of 15% and are sold all over the State of Michigan at licensed Raffles, Bingo Events and Non-Profit Clubs. (517)

2 Annual Charity Game Ticket License
$200 per year 7 Days a week 8am-2am Tickets can be sold anywhere on the premises License expires July 31 of each year

3 Special Charity Game Ticket license
$15 per day Up to 8 special Charity Game Ticket licenses per year, each good for up to 4 consecutive days

4 Getting Started-Buying and Selling
Ticket cost is set by the Charitable Gaming Tickets can only be purchased from a licensed supplier Tickets can by sold Behind the bar Ticket seller Ticket dispensing machine Machines can be rented or purchased from a supplier Supplier contact information is available at

5 Making a Profit with Charity Game Tickets
Sales $2400 Prizes $1800 Box Cost $240 Profit $360 Sales $6000 Prizes $4625 Box Cost $550 Profit $825

6 Protecting Your Profit
Limit access to all unsold tickets, winning tickets & cash. Add ticket purchases to inventory when received. Complete physical inventory count of all unsold tickets. Remember the machine count is NOT allowed & is NOT reliable Protecting Your Profit

7 Protecting Your Profit
Deface winning tickets when redeemed. Check serial numbers when redeeming tickets Use a Marker or Hole Punch to deface Protecting Your Profit

8 Balance cash & winning tickets
Cash + winning tickets = Start Cash Total Protecting Your Profit

9 Destroy all redeemed tickets
Rip or Shred tickets Protecting Your Profit

10 Protecting Your Profit
Limit Deface Balance Destroy

11 Playing Charity Game Tickets
Must be 18 years or older to play Charity Game Tickets Chairpersons/record keepers cannot purchase or play Charity Game Tickets Employees receiving a tax form from the organization can never purchase or play Charity Game Tickets Volunteers/Workers cannot purchase or play the day they are working

12 Prize Bank Start cash must remain consistent & be the same amount each week Only write a check to replenish start cash when prizes exceeded sales at the end of the week Do not withhold money from weekly deposit

13 Accountability Deposit monies within 2 business days of week ending
Checks shall have description in memo line Do not write checks to cash Prize payments & worker compensation are only allowable cash expenditures Insider Information-Giving an advantage to a player

14 Just ONE Form Mark Rumsfield Ray Peterson
One document can be used for 13 week quarter Ticket information & price per ticket automatically carries over each week Ending Inventory automatically transfers to the follow weeks beginning inventory Mark Rumsfield Ray Peterson 1/7/18

15 Verified deposit tickets
Weekly game records Verified deposit tickets Bank statements Bank verified Check Images Receipts and invoices

16 Don’t let these things gobble up your sales
Empty columns Machine is not visible Machine Problems Old Tickets Insider Information Don’t let these things gobble up your sales

17 Let’s Play Milk Money Each ticket represents a line of B-I-N-G-O!
Once you cover all five bingo numbers on your ticket…Yell Bingo!

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