Extra Money Through Contests, Giveaways & Sweepstakes
Can You Really Earn a Side Income Through Contests & Giveaways? I never bothered to enter a Publishers Clearing House contest, but I’ve participated in plenty of lower-key contests and giveaways over the years. I’ve also done a good amount of research on the contest and giveaway landscape, and some things have become abundantly clear. Like gambling at casinos and playing a state lottery , participating in contests and giveaways is not a suitable replacement for regular income. The overwhelming odds are that you’ll never win a substantial prize, so don’t plan on making enough to replace your regular income. But that’s not to say you shouldn’t play at all. A modest cash prize, retailer gift card, or tickets to your favorite sports team’s next home game could still be in your future. Here’s what you need to know before getting started. Common Types of Contests & Giveaways Most contests and giveaways fall into one of these four categories. Some fall into more than one —...