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If you are looking to run a sweepstakes to sell entries and/or your products, there are many legal regulations that apply. For instance, you must offer a free way for consumers to enter your sweepstakes without buying an entry or a product. The free method of entry must be treated equally to the purchase method. In addition, if you are offering a prize that is valued greater than $5,000, you must register the sweepstakes and obtain surety bonds for your sweepstakes in Florida and New York. For new businesses starting out, it may be difficult to secure insurance underwriter approval for the surety bonds.
If you understand the above and still want to discuss running a sweepstakes, please complete the form below and we’ll get back to you within 1 to 2 business days.