The Prize Lab Ltd
Reviewed by the PrizeDrawsDaily team · Last updated June 2026
The Prize Lab is a warm, well-established competition site run by a couple, Jonny and Rachel (formerly trading as Raffleistic), and it's one of the more genuinely caring operations around. It holds a five-star Trustpilot rating across roughly 150 reviews and has been running for over four years — a solid track record. The format is instant wins plus daily and weekly live draws on Facebook, covering cash, tech (a Meta Quest, an iPhone), LEGO and experiences (Odeon Limitless for a year), with cash alternatives and entries from 99p. Several touches stand out: free entries via quizzes, some competitions with multiple winners (giving more people a chance), an app in the pipeline, and a smaller, friendlier player base that improves the odds. Payouts are fast (cash within the hour, including big wins of £2,500–£3,000), draws are transparent, and the service is personal — one reviewer recovering from flu was texted by Jonny to check they were feeling better. The honest caveats: it's a small-to-mid site, some wins come as credit, and the instant games are gambling-style. A genuine, transparent, fast-paying option with real heart.
This rating follows our review methodology.
- Operator
- The Prize Lab Ltd
- Specialism
- A long-running, community-focused competition site — instant wins and daily/weekly live draws — with free quiz entries, multiple-winner fairness and caring service.
- Established
- 2020
- Our rating
- ★ 4.3 / 5
- Website
- Visit site
- Trustpilot
- View reviews
About The Prize Lab Ltd
Is The Prize Lab Ltd legit?
- +A solid 4+ year track record (formerly Raffleistic) with a five-star Trustpilot rating across roughly 150 reviews.
- +Genuinely caring, personal service and transparent live draws — with a smaller, friendlier player base that improves the odds.
- +Free entries via quizzes, some multiple-winner competitions (more chances to win), cash alternatives and an app in the pipeline.
- +Fast payouts (cash within the hour, including big wins of £2,500–£3,000).
- −A small-to-mid site — smaller than the big operators.
- −Some wins come as credit; the instant games are gambling-style; the usual long odds apply.
How to enter The Prize Lab Ltd draws
- Browse the active The Prize Lab Ltd draws below and pick one that suits you.
- Click through to The Prize Lab Ltd via our link and create an account if you don't already have one.
- Check the entry options — most operators offer a free postal entry route alongside paid tickets.
- Confirm your entry and note the draw closing date. Winners are announced after the draw.
Frequently asked questions
Is The Prize Lab legit?+
Yes. The Prize Lab (formerly Raffleistic) has run over four years and holds a five-star Trustpilot rating across roughly 150 reviews, with transparent live draws, free quiz entries, fast payouts (often within the hour), and caring personal service. The odds are long, so play within a budget.
Was The Prize Lab previously called something else?+
Yes — it previously traded as 'Raffleistic'. It's run by a couple, Jonny and Rachel. (Note: it's separate from 'Prize Labs' at prizelabs.co.uk.)
Does The Prize Lab have free entries?+
Yes — it offers free entries via quizzes, alongside cheap paid tickets from 99p, and some competitions feature multiple winners to give more people a chance.
How fast does The Prize Lab pay out?+
Fast — reviewers report cash within the hour, including large wins of £2,500–£3,000, with the owners contacting winners quickly.
Is The Prize Lab gambling?+
It runs prize competitions rather than a licensed lottery, though its instant games are gambling-style. You are paying for a chance at a prize, so set a budget and play responsibly.
Active draws from The Prize Lab Ltd
No active draws right now.