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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 ...
PCH has reached a settlement agreement with the FTC to the tune of $18.5 million, as announced by the FTC on June 27. This sum will be directed towards significant changes to its online and email ...
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.
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]
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 ...
The odds of winning a Publishers Clearing House sweepstakes vary depending on how many entries are made and which prize or sweepstakes is involved. According to the official rules, the estimated odds of winning the largest prize of $5,000 a week for life are one in 1.215 billion. In 2011, the odds of the same prize were one in 1.75 billion.
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Odds of winning the famous Publishers Clearing House sweeps are only slightly better, the latest one with odds of 1.3 billion to one. These mega sweeps have worse odds than the Powerball lottery game.