how does pch make money

And its not like the lottery where mathematically there are only so many combinations of numbers so those odds are fixed. The call you received was most likely from a fraudulent sweepstakes scam operation.

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Many people have wondered the same.

. PCH cash prizes are paid in full by check at the time of prize award unless otherwise noted. Publishers Clearing House Tokens. When you make a brand new account without buying anything youll start with 1250 tokens. They photo-shop the logo and promise money cars and prizes.

First take a closer. And after youve played any ten videos youll unlock your shot at a 500 Bonus Instant Win Game. Publishers Clearing House prizes are paid promptly to winners. They come to your door and present it.

Have you ever wondered how PCH makes money. Its a simple win-win situation where the company makes huge sales and consumers get a chance to win major prizes and awards. How can they afford to give away so much money and yet I have absolute no idea what they DO. Publishers Clearing House PHC is known for its direct marketing strategy in merchandise and magazine subscriptions.

Good because you can win cash prizes just by watching videos on PCHTV. While the number of prizes may vary by year at Publishers Clearing House there are many ways to win and many prizes awarded. Some companies try to brand themselves through costly marketing purchases like running Super Bowl ad campaigns or renaming sports arenas after themselves. For the next two years PCH advertises this contest to the public and collects money from magazine sales and other advertisers.

Cast Your Vote for the charity YOU want to win 50000---Visit us. It basically uses sweepstakes as a strategic means of increasing its magazine purchases. While Publishers Clearing House does award money to winners like the one seen in this photo a Madison County woman found herself the victim of a giveaway scam. According to Publishers Clearing House the odds of winning the companys 1000 a Day For Life sweepstakes are one in 62 billion.

They dont want their target audience scammed. As for how PCH can afford to give away such big prizes it comes down to marketing. We give away prizes every day with prize amounts ranging from 100 Amazon gift cards up to 2000000 cash. Payment is guaranteed by surety bonds posted in conjunction with Contest Registrations for prizes over 500000.

If youre thinking about winning then you need to find more productive things to do with your time. At the end of two years someone wins. How does PCH make money. This week hopefully So Ive been watching a lot of free digital TV which isnt anything I normally do and Ive been seeing a lot of adds for PCH.

So do you now believe that you could win money with PCH. The SuperPrize Giveaways have made PCH a household name across America. Major prizes of at least 1000000 are awarded nearly every month. Publishers Clearing House PCH does NOT make or authorize outgoing calls to consumers to sell merchandise or magazines or to solicit sweepstakes entries.

Our famous prizes are funded primarily by company revenues derived from the sale of our varied merchandise and magazine offers. Real people really do win. Not only that but you may also be wondering how you can put that big check into your bank account. Many will enter few will win.

195 views Related Answer. Other sources of revenue for the company come from advertising on PCHs many online properties. If you receive an email phone call email or letter from Publishers Clearing House saying that youre a big winner its easy to get so excited that you do or agree to things that make you vulnerable to money and identity theft. PCH pays with a check.

After youve watched your first video youll be entered to Win 2 Million. If you go to their website they discuss the specifics because of scammers. PCH is a direct-marketing company that sells merchandise and magazine subscriptions and operates several prize-based websites. The revenue we generate from sales of PCH merchandise and magazines is the main source of money we use to give away our fabulous prizes and make dreams come true for deserving people across the country.

So how would you know if the emails or letters are fake. Thats why its important to be able to tell the difference between a legitimate prize win and a sweepstakes scam. If you receive a phone call from someone claiming to be from Publishers Clearing House and are asked to send money pay a fee or pre-pay taxes to enter collect or claim a sweepstakes prize STOP you have not heard from the real Publishers Clearing House. Theyre the official online currency of Publishers Clearing House.

Of course no purchase is ever necessary to enter or win. Our major winners are notified by mail or in person at our option and we never phone. I honestly thought that was dead and I totally forgot about them. PCH does it by giving prizes away.

PCH sets aside about 4 million which collects interest for two years. How amazing is that. While best known for the sweepstakes and Prize Patrol it uses to promote its magazine subscriptions the majority of the companys revenue now comes from merchandise. If so you are not alone.

And the grand total of prizes awarded to date is up to 494 Million. How does PCH make money. They only need to make 167000 a month for 24 months to raise 4 million. It depends on the prize being offered and the number of entries.

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