the publishers clearing house sweepstakes drawing is held just after the super bowl.
when is the publishers clearing house sweepstakes drawing?
just after the super bowl
although pch advertises its sweepstakes along with magazine subscriptions, no purchase is necessary to enter or win. in 1995, pch began the tradition of announcing winners of its $10 million prize just after the super bowl. as of 2012, $225 million in prizes have been distributed. some of its larger prizes are for $5,000 a week for life, or $10 million. prizes can also range from $1 amazon gift cards to $2,500, $1 million or $3 million. the larger cash prizes are paid in installments, typically with a balloon payment at 30 years, reducing the present value of prizes to much less than their nominal values.
publishers clearing house
among the most popularly known sweepstakes in the united states were the american family publishers sweepstakes (now defunct), publishers clearing house sweepstakes, and reader's digest sweepstakes, each of which strongly persuaded entrants to purchase magazine subscriptions by placing stickers on contest entry cardstock while promising multimillion-dollar (annuity) winners who will be "announced on tv". the american family publishers sweepstakes used paid advertisements during nbc's "the tonight show" to announce its grand prize winners (for many years, its celebrity spokesman was ed mcmahon). all three companies eventually paid fines and penalties to a variety of states who initiated legal actions against them. of those three companies, only publishers clearing house continues to use sweepstakes as a promotional device and as recently as 2010 paid $3.5 million to settle charges that it had violated the terms of a 2001 multi-state agreement for which it was fined $34 million.
sweepstake