Book Drawing - You will need a roll of tickets (purchase at an office supply store) or make your own. Each time a child reads a book she gets to write her name on a ticket. Collect these in a sack during the week. On Friday, draw a name out of the sack and that child WINS a book!
*It could be a book that you purchased or a book that the class has made.
Stay Up Late and Read - To reward children make copies of “Extra 15 Minutes” coupons similar to the one shown. Children who earn the ticket get to stay up an extra 15 minutes at bedtime and read to their parents.
Lottery - Put children’s names on strips of paper in a cup. During the day encourage children to practice reading their favorite sentence or page. The last few minutes in the day, pull “winning” names from the cup and let those children read.
Popcorn Party – Get a large jar and write “Popcorn Party” on it. Every time any student reads a book she gets to add a cotton ball to the jar. When the jar is full the whole class gets a popcorn party.
P.S. I asked Mr. Google about "reading incentives" and he gave me lots of great links.