The competition, run in association with charity platform Raffity, will give supporters the chance to win a VIP experience at the home game against Swansea on Saturday 12th March.
Supporters can purchase ‘entries’ online, with all the money going towards the Cherries Community Fund, and the more entries they buy, the more chance they have of winning.
There are also individual prizes, including a video message from Eddie Howe, up for grabs depending on the size of the donation.
Steve Fletcher, who was hugely influential in not only the video, but the campaign as a whole, is delighted that the funds will directly go back into the local community.
"The video was really good fun," Fletcher said. "The lads were all great too, everyone wanted to chip in and help when they could. We feel really passionately about giving something back and this is a unique way to do so.
"It's an unbelievable set of prizes and the most important thing is all the money goes to the Cherries Community Fund, which will keep helping great causes."
Head of the AFC Bournemouth Community Sports Trust Steve Cuss added, "It's great to see the first team lads getting involved to help raise money for the Cherries Community Fund.
"The first tranche of meetings will be happening in the coming months, and it would be great if this campaign could generate a large number of funds to help as many local causes as possible.”