Differences Between Sweepstakes, Contests, and Lotteries

Man Winning SweepstakesThere are tons of ways to put yourself in a position to win prizes.  You should know the ins and outs of what you’re participating in to increase your chances of coming out a winner.  If you don’t know how sweepstakes, contests, or lotteries works, then it can be really confusing.  While all three of these use incentives to drive excitement around a particular product, service or cause, they all work differently.  Lets go through some of those differences:

Sweepstakes

Sweepstakes are a form of prize giveaways where the winners are chosen based on pure luck.  Prizes for giveaways can be something as simple as a t-shirt, or be as large as a million dollars.  These giveaways usually take minimal effort to sign up for, the participant may have to take a small survey or do something as simple as entering their e-mail address.

Being that they are easy to sign up for, you can get involved with as many sweepstakes as you possibly can in a short amount of time!  The more the merrier, right?  Plus, you can often enter multiple times to increase your chances of winning

Below are some of the Sweepstakes we care currently hosting.  What are you waiting for?  Enter now!

RewardIt $250 Visa Card Sweepstakes

RewardIt  iPad 3 Sweepstakes

RewardIt $1,000 Sweepstakes

Contests

A lot of people confuse the terms Sweepstakes and Contest.  The confusion between the two terms is quite understandable.  Contests are technically sweepstakes.  The only difference is Contest winners are drawn based on some type of skill.  For example: a person with the funniest video, most delicious food recipe, best logo design, etc.  You get the point.  Whoever is the BEST!  It makes sense to enter contests that favor a particular skill you possess.  So, you’re an aspiring photographer?  Enter a “Most Beautiful Photograph” contest.  Even if you lose, contests can still be fun to get involved with.  It’s great to see some of the entries that you will have to compete against.  Who’s to say you can’t learn something new from entering a contest?

Lotteries

Lotteries on the other hand, are prize drawings that you have to buy a chance to win.  Almost all of the time, lotteries are heavily regulated and hosted by the government.  Ultimately, the participant has a little bit of control of their own fate because they can enter as much money as their comfortable with (increasing their chances of winning).  Statistically speaking the odds are against you, but it is a game of chance.  You got to be in it, to win it!  Want to gain more knowledge on lotteries?  Here (hyperlink to dougs lottery facts article) are some fun facts about Lotteries.  The most famous are PowerBall and Megamillions, which are multi-state lotteries, plus check your state for lotteries only available locally.

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