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Sweepstakes & contests

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Konsole Infotech
Konsole Infotech

Sweepstakes means means anything of value to be paid to the promoter or sponsor in order to participate in a promotional contest.

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CONTESTS AND SWEEPSTAKES
DEFINITION OF SWEEPSTAKES  Sweepstakes 1)Chance  Random drawing  Not a skill contest 2)Prize  Anything of value 3)No consideration  No purchase necessary  A “Sweepstakes” that includes consideration is actually an illegal lottery.
SWEEPSTAKES Consideration means anything of value to be paid to the promoter or sponsor in order to participate in a promotional contest .
CONTEST  Skill, prize, possible consideration, the winner is determined by skill not chance.  Here you have to writing a winning song, solve the puzzle and answer all the given questions.  Skill or knowledge and win the contest, not chance.  Caution: Don’t insert an element of chance back into the skill contest by using a random tie-breaker mechanism.
GAMBLING  Wagering something of value on the outcome of a “Contest of chance” or a future contingent event not under the player’s control, in the chance of winning a prize.  A poorly designed sweepstakes or contest can be illegal gambling.
INVESTIGATIONS  Why are sweepstakes and contests highly regulated? Long history of regulation of lotteries and gambling.  Sweepstakes participants were swindled between 1997 & 1999, more than 3000 consumers reported losses to the postal Inspection Service.  Total $5.2 million from schemes related to fraudulent or misleading sweepstakes mailings.
SWEEPSTAKES ARE POPULAR MARKETING TOOLS  Companies view sweepstakes as significant sources of publicity and business.  By mail: Publishers Clearing House, Reader’s Digest, American Family Publishers.  By Internet.  In-Store Promotions.
OREGON  Contests clear and conspicuous disclosures, including : 1)Rounds 2)If the contest involves multiple rounds of increasing difficulty, an example illustrative of the last determinative round or a statement that subsequent rounds will be more difficult. 3)The maximum total cost the final winner will have paid to the sponsor to participate in the contest.
THANK YOU Are you looking for Sweepstakes & Contests than scan QR code and for more detail visit given link. http://www.appfillip.com/shop/viral-contest-and-sweepstakes/

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Sweepstakes & contests

  • 2. DEFINITION OF SWEEPSTAKES  Sweepstakes 1)Chance  Random drawing  Not a skill contest 2)Prize  Anything of value 3)No consideration  No purchase necessary  A “Sweepstakes” that includes consideration is actually an illegal lottery.
  • 3. SWEEPSTAKES Consideration means anything of value to be paid to the promoter or sponsor in order to participate in a promotional contest .
  • 4. CONTEST  Skill, prize, possible consideration, the winner is determined by skill not chance.  Here you have to writing a winning song, solve the puzzle and answer all the given questions.  Skill or knowledge and win the contest, not chance.  Caution: Don’t insert an element of chance back into the skill contest by using a random tie-breaker mechanism.
  • 5. GAMBLING  Wagering something of value on the outcome of a “Contest of chance” or a future contingent event not under the player’s control, in the chance of winning a prize.  A poorly designed sweepstakes or contest can be illegal gambling.
  • 6. INVESTIGATIONS  Why are sweepstakes and contests highly regulated? Long history of regulation of lotteries and gambling.  Sweepstakes participants were swindled between 1997 & 1999, more than 3000 consumers reported losses to the postal Inspection Service.  Total $5.2 million from schemes related to fraudulent or misleading sweepstakes mailings.
  • 7. SWEEPSTAKES ARE POPULAR MARKETING TOOLS  Companies view sweepstakes as significant sources of publicity and business.  By mail: Publishers Clearing House, Reader’s Digest, American Family Publishers.  By Internet.  In-Store Promotions.
  • 8. OREGON  Contests clear and conspicuous disclosures, including : 1)Rounds 2)If the contest involves multiple rounds of increasing difficulty, an example illustrative of the last determinative round or a statement that subsequent rounds will be more difficult. 3)The maximum total cost the final winner will have paid to the sponsor to participate in the contest.
  • 9. THANK YOU Are you looking for Sweepstakes & Contests than scan QR code and for more detail visit given link. http://www.appfillip.com/shop/viral-contest-and-sweepstakes/