Daily Coupons for you: Winner Tells All: 7 Things to Consider Before Entering Sweepstakes

Im lucky. we dont actually believe in luck, though which doesnt stop fitness from believing in me!

It proposed when we was 8 years old. we was key to the win of $10,000 for my grandmother. Back afterwards (when personification records was super groovy), which kind of money was unequivocally something (hey, its still the lot of mix even today!) After that, we seemed to win utterly the bit. Once we even won $1,000 upon the Friday, customarily to win $1,000 again the subsequent day. Its not easy being in the green.

So, when we was not long ago contacted by the inhabitant sweepstakes which sensitive me we had won an all-expenses paid outing to New York including the $2,500 selling spree, we said”What??? Youre teasing me! (Really, we was shocked! we dont unequivocally ever design to win!)

Now which we have we entirely annoyed with me, let me have it up to you. (No, we cant take we with me to New York. Hubby has dibs upon which trip!) If you’re similar to me as well as adore anything free, we come in contests with prizes youd adore to have. Well, here have been the little tips to cruise prior to we come in another contest:

1. The Real Thing: Do genuine people unequivocally win those things? Yep, we can attest which genuine people do! (Im the genuine person, final time we checked!) If the sweepstakes is offered by the bona fide source, the winner will be chosen. Note, we pronounced bona fide source. If we dont commend the unite of the prize, we dont enter.

2. Timing is Everything: Its not customarily about winning. Its also about your profitable time. Is it worth your time to enter? Of course, customarily we can know which for sure. we dont come in each competition which we see. we import all of the factors below prior to we submit an entry form.

3. Gotta Have It: Do we unequivocally want the Grand Prize? (Sounds silly, no?) But ask yourself this question: what if we won? After your celebratory end-zone boogie dance is over, do we unequivocally want the grand esteem after all? If not, dont rubbish your time entering, since we will owe taxes, competence have publicity requirements, as well as more. For example, since we live in Colorado, the Grand Prize for the outing to the glorious state of Colorado competence not be worth winning to me, as much as we adore it here!

4. Dear Uncle Sam: Hes which relative which knows everything. And hell know about this, too. He wants to enjoy the win as well, so plan to give him the piece of the esteem pie. You will owe taxes! If its the vast value prize, we will want to cruise how you’re starting to pay those the single more taxes come Apr 15th. Do we have the the single more supports to pay the taxes? Often, the esteem (like the trip) does not give we any money to pay for the taxes, though we will have to claim the value of the outing as income during the year in which we embrace the value. (Yikes, did my accountant write that?? Let me break it down for you: the year we take the trip, we owe the taxes.)

5. Private Eyes: This the single is ugly, scary, as well as hairy! No two ways around it: if youve won big-time, youre starting to have to share your in isolation info during the little point. Only come in sweepstakes which we can certitude as well as which we can verify have been legit. At the little point, if the esteem meets the minimum taxation threshold for 1099s, the unite of the esteem is starting to need your Social Security series for taxation purposes. Where do we mount upon giving which in isolation info up? If we cant suppose we do this, afterwards dont come in contests with customarily large ticket prizes. (I understand, friend. Still gives me the heebie-jeebies, too!).

6. Winning! Oh, this is the most appropriate part!!! The thrill, the joythe skepticism (true!) Right divided after they told me which we had won the New York prize, we was half-excited (oh my, did we unequivocally win?!?) as well as half-skeptical (oh my, what if this is the scam?!?) A healthy sip of both is critical to keep the in accord with perspective. we knew we had entered which particular contest, so which was the initial step for me upon my approach to confirming the authenticity of the competition as well as my win, which we afterwards did over the subsequent 72 hours.

7. Thank all the Lawyers: Once youve won, we will have the garland of legalese to comb through. You should be underneath no vigour to pointer anything right away. Read the rules for the contest, though we customarily will have about 72 hours to accept the esteem as well as pointer the paperwork. Anyone who is rushing we in to any preference upon the phone is probably not legitimate. Also, they wont need info similar to your Social Security over the phone. You have to pointer the W-9 with which info, so dont recover which over the phone either. NEVER give your Social Security series divided without being 100% confident which we need to as well as which we have truly won the great Grand Prize. Of course, we can definitely contact the counsel to review the paperwork with you.

There we have it! Seven tips to safeguard yourself in the sweepstakes! Good luck! Hope we win!

This has been the guest post by Rebecca from Highlands Ranch, CO
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