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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 first prizes ranged from $1 to $10 and entrants had a 1 in 10 chance of winning. After the sweepstakes increased response rates to mailings, prizes of $5,000 and eventually $250,000 were offered. PCH began advertising the sweepstakes on TV in 1974. It was the only major multi-magazine subscription business until 1977.
In Win for Life, players chose six numbers from 1 through 42; seven numbers were drawn, including the "Free Ball". Top prize was $1000-per-week; there was a cash option of $1 million (offered when WFL became a Virginia-only game; when WFL began Virginia offered a $520,000 cash option, but the choice was eliminated the following year as neither ...
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