how much money does publishers clearing house give away
Publishers Clearing House Although Publishers Clearing House advertises its sweepstakes along with magazine subscriptions, no purchase is necessary to enter or win.[10][43][44] In 1995, Publishers Clearing House 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.