how does a sweepstakes work and where do the big money come from?
What Is a Sweepstake?
A sweepstakes is a type of contest where prizes or money are offered to a randomly selected person or group of persons. You win a sweepstakes because you are randomly chosen, not due to any skill or activity on your behalf. [ When skill is involved, it is known as a contest. Sweepstakes are often part of a promotional or marketing plan offered by a company as an attempt to
induce more product awareness. Companies or people who offer a sweepstakes cannot charge any sort of entry fee, and this also includes requesting the purchase of a product. Since sweepstakes can potentially be used in fraudulent ways, most states have specific laws regulating their use. The Federal Trade Commission supervises some sweepstakes aspects in the United States. Sweepstakes may be offered at specific locations or online.
There are no new answers.