While campaign finance is not the only factor in electoral outcomes, successful fundraising can provide a candidate with advantages during a campaign. Fundraising can also indicate party momentum.

This article details the five candidates who raised the most money and lost their election. In the 2022 election cycle, 136 of 203 general elections were contested. The losing candidates are shown along with the percentage of the vote they received compared to the winner. In cases where the race was pushed to a runoff, vote percentages for both advancing candidates are included.

In Pennsylvania, candidates raised money up and down the ballot in hopes of convincing voters they were the right choices to serve a term in office. While numerous candidates were prolific fundraisers during 2020, a handful of candidates stand out as the top fundraisers in the state. Here is a look at the top ten candidates in the state by funds raised — some of whom were successfully elected and several who were not, despite their appearance on this list.