PUBLISHER CLEARING HOUSE SWEEPTAKES
- Although PCH advertises its sweepstakes along with magazine subscriptions, no purchase is necessary to enter or win.[10][43][44] In 1995, PCH began the tradition of announcing winners of its $10 million prize just after the Super Bowl.[45] As of 2012, $225 million in prizes have been distributed.[8] Some of its larger prizes are for $5,000 a week for life,[46] or $10 million.[47] Prizes can also range from $1 Amazon gift cards to $2,500, $1 million or $3 million.[48] The larger cash prizes are paid in installments, typically with a balloon payment at 30 years,[49] reducing the present value of prizes to much less than their nominal values
SWEEPTAKES WINNER'S COMMENT