How Got Tickets Pays out

How  Got Tickets Pays out
30 Aug 2025 11:15 AM

How Got Tickets Pays out

Example Breakdown: $50 Ticket Sale

  • Sub-Promoter Commission → $10 (set by promoter)

  • GotTickets Fee → $5

  • Stripe Fee → $1.75 (2.9% + $0.30)

  • Promoter Net Payout → $33.25 (~66.5%)

Formula: $50 – $10 – $5 – $1.75 = $33.25

 

Why These Numbers Matter

  • Stripe fee is a percentage, so it scales with the ticket price.

  • GotTickets fee is a flat $5, which has a bigger impact on lower ticket prices.

  • Promoter sets sub-promoter commission — this decision directly impacts their own net payout.

  • Knowing the fee breakdown helps promoters set smarter ticket prices and commission rates to stay profitable.

 

Key Takeaway

Promoters are in control:
✔ They decide whether to use sub-promoters.
✔ They set the commission amount.
✔ By understanding the breakdown of Stripe + GotTickets fees, promoters can accurately calculate net profit per ticketand plan sustainable event pricing.

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