Raffle Draw Odds Calculator

The Raffle Draw Odds Calculator computes raffle draw odds from the relation win chance percent = (1 - C(total - your tickets, draws) / C(total, draws)) x 100. It takes 3 inputs (total tickets sold in tickets, your tickets held in tickets, number of prize draws in draws) and returns the raffle draw odds. Because this is a pure mathematical or physical formula rather than a jurisdiction-specific rule, the result never changes over time: the same inputs always produce the same answer, so you can rely on it whether you are checking homework, sizing a design, or sanity-checking another tool. Enter your values in the fields below and the result updates instantly; you can also share a permalink that pre-fills the exact calculation, which is useful for teaching, reports, or collaboration. For example, with total tickets sold = 200 tickets, your tickets held = 1 tickets, number of prize draws = 1 draws, the raffle draw odds works out to 0.5, and the worked example further down the page shows every step so you can follow the arithmetic and reproduce it by hand. The method is the standard form documented by CalculatorHub methodology, and the figure above each result carries the date it was last verified. This tool is general information and is not a substitute for professional engineering, medical, financial, or scientific advice; always check critical results against the primary source and your own judgement.

With Total tickets sold = 200 tickets, Your tickets held = 1 tickets, Number of prize draws = 1 draws, the result is 0.5.

Formula: win chance percent = (1 - C(total - your tickets, draws) / C(total, draws)) x 100. Source: CalculatorHub methodology, as at 2026-06-23.

Raffle Draw Odds0.5

Applies to: any numeric inputs. Method source: CalculatorHub methodology, checked 2026-06-23.

The formula

win chance percent = (1 - C(total - your tickets, draws) / C(total, draws)) x 100

Worked example

With Total tickets sold = 200 tickets, Your tickets held = 1 tickets, Number of prize draws = 1 draws:

  1. Ways to miss = C(199,1)
  2. Total ways = C(200,1)
  3. Win chance = (1 - miss/total) x 100 = 0.5000000000000004 percent
  4. Raffle Draw Odds = 0.5

This worked example is one of the automated golden-value tests this calculator must pass before it can publish.

What this assumes

  • Inputs are real numbers in the units shown.
  • The result is the exact value of win chance percent = (1 - C(total - your tickets, draws) / C(total, draws)) x 100; general information, not professional advice.

Frequently asked questions

What formula does this use?

win chance percent = (1 - C(total - your tickets, draws) / C(total, draws)) x 100, the standard form documented by CalculatorHub methodology.

Does the result ever change over time?

No. This is a pure formula with no external rate, so the same inputs always give the same result.

Official sources and verification

Reviewed by the CalculatorHub team, edited by James Graham, 2026-06-23. See our methodology. General information, not professional advice.