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Publishers Clearing House ( PCH) is an American company founded in 1953 by Harold Mertz. It was originally founded as an alternative to door-to-door magazine subscription sales by offering bulk mail direct marketing of merchandise and periodicals. They are most widely known for their sweepstakes and prize -based games which were introduced in 1967.
Jun. 29—Scammers are using a Publisher Clearing House ruse as the latest tactic to take people's money. Publishers Clearing House sweepstakes are legitimate, however, scammers have honed in on a ...
Sweepstake. In the United States, a sweepstake is a type of contest where a prize or prizes may be awarded to a winner or winners. [1] Sweepstakes began as a form of lottery that were tied to products sold. [2] In response, the FCC and FTC refined U.S. broadcasting laws (creating the anti-lottery laws). [3]
The odds of winning a Publishers Clearing House sweepstakes vary depending on how many entries are made and which prize or sweepstakes is involved.[3] According to the official rules, the estimated odds for winning the largest prize in the current sweepstakes are one in 1.215 billion.[5]
Publishers Clearing House agreed to pay $3.5 million, not to a lucky prize winner, but to a collection of states that accused the marketing company of once again misleading consumers. A decade ...
Although prizes are untaxed in Canada, they are in the U.S., and any win with a value of $600 or more will generate a 1099-Misc. Write the sponsor a thank you note. It's the least you can do with ...
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Another type of lottery scam is a scam email or web page where the recipient had won a sum of money in the lottery. The recipient is instructed to contact an agent very quickly but the scammers are just using a third party company, person, email or names to hide their true identity, in some cases offering extra prizes (such as a 7 Day/6 Night Bahamas Cruise Vacation, if the user rings within 4 ...