Chinese auction What is a Chinese Auction? A Chinese Auction is an inexpensive way to have a fun-filled evening where you have the chance to take home valuable prizes for a minimal cash outlay. How does a Chinese Auction work? At a Chinese Auction, you purchase coupons in denominations of $10, $20, $35, $50, $75 and $100. You then place these coupons with your name on them in the box corresponding to your desired giff. For example, if you would like the chance to win a laptop computer, you purchase a $75 coupon, write your name on it and place it in box #4. How many coupons can I put into any one box? There is no limit to the number of tickets you may place in any one box. Therefore, if you want to increase your chances of winning a prize, you may place more than one ticket in that box. How many coupons must be sold for any prize to be drawn? As long as there is one coupon in the box for that item, that prize will be taken home by the lucky winner at the end of the evening.