What’s not to love about money giveaways? These can be great ways to win cash for no risk (as long as the entry is free). Here’s a list of cash giveaways for your consideration to win prizes. 

7 Money Giveaways: Free Ways to Win Prizes

Contests and sweepstakes have gained traction now more than ever. There are numerous ways to win prizes in various money giveaways. People are out there making some serious passive income simply by entering a number of different cash or prize giveaways. You could consider this an unconventional passive income opportunity.

By managing my money through Personal Capital, I’ve been increasing my cash flow and net worth to achieve financial freedom. I’m always thinking of new, effective ways to make money.

If you’ve been in a contest and lost, it might have put you off from trying again. But that shouldn’t be a reason to make you give it up altogether.

Earning from sweepstakes is like auditioning for a role. If you were auditioning for a position and fail to get it the first time, it doesn’t mean that you cannot try it another time.

All you need to do is review your strategies. If you enter a contest and lose, don’t give up on contests, you never know when the luck will be on your side. If you participating in a money giveaway, that’s the most opposite thing of building wealth slowly. Well, it could be slow too.

Or, it could be fast. I guess you never know with luck…

Win Cash History

Did you know that there are people who do contests as a full-time job? There are thousands of people who make a living through contests and sweepstakes.

They have mastered the tips and tricks of sweepstakes (I will share them with you in a moment), and they rarely lose in a contest.

That’s a smart way to earn more money. Limited risk of losing personal capital but maximum upside for wealth.

Even when they lose, the few extra thousands of dollars, they make are way more than the loss.

Winning money giveaways is not that hard. Some think its luck, but most winners have mastered these few secrets that you can use if you want to take a shot:

• Be sure it’s genuine: There are some fake contests out there. Make sure that you have done sufficient research to ensure that the contest that you want to immerse into is not a fake.
• Decide that is worth the try: Don’t just do it because you’ve been pressured or you’ve seen others do it. Set guidelines of what to consider before you enter into any competition. Not every contest is worth your time. Make the right choices.
• Use what you can afford to lose. When taking part in money giveaways, don’t give away what you cannot afford to lose. Better still; join the free money giveaways instead. Free money giveaways can help minimize your losses and maximize your earnings. Let’s look at a few free ways to win prizes.

You can try a money giveaway online or in-person. There are plenty of ways to make money online and this is just one of them. Here is a list of 23+ other ways to make money online. Let’s start getting into how you can win cash for limited risk.

List of Money Giveaways and Free Ways to Win Prizes

In order to make the list, these ways to win prizes needed to either be some sort of cash sweepstakes, contest or giveaway. These are all somewhat different but can offer some sort of prize for winning. Who doesn’t love prizes?

Here are 7 money giveaways and free ways to win prizes:

1. Join Talent-based Contests

If you have a talent or you’re an expert in something, search for a skill-based contest. If you are good at drawing, cooking, writing, doing puzzles, then you can look for competitions that require such skills to win money.

Expert-based competitions in most instances have many requirements that a majority of people aren’t likely to complete.

With such skills, you have a better chance of winning prizes. Big companies use talent-based companies to find new talent as well as to promote their products and brand.

Talent or skill-based competitions are often used to find solutions to challenges and problems. People always get a chance to invent or innovate, and the best contestants win good prizes.

2. Enter a Promotional Giveaway

Another free way to win real money is to try your luck in a promotional giveaway. A majority of companies have created promotional contests for publicity. It is a way to engage and attract more clients as well as helps create product awareness. Retailers use sweepstakes to grab the attention of the public.

Small businesses, authors and bloggers run contests on their blog to create a marketing email list. It helps them collect emails from contestants that they use to engage further and market their products.

These contests have some good prizes that the contestants can win if they participate in the competition. Amazon has recently launched promotional giveaways and there are thousands of them every single day.

3. Enter Cash Sweepstakes

You can win money by joining the big cash sweepstakes. Sweepstakes have been there for a long while, and they have cash prizes that range from a few hundred to thousands (or millions) of dollars. A sweepstake is a form of a contest where the winners get a prize or prizes.

Cash sweepstakes are cash contest where the prizes to be won are in the form of cash.

The winners in these contests are selected randomly. There is no requirement for the purchase of any product for you to enter into the contest.

Currently, sweepstakes in the US acts as forms of marketing promotions that are designed to reward the loyal customers of a particular product. The winners are usually determined by luck, and therefore anyone can win.

4. Enter Online Contests

You can win real prizes if you enter into online contests. With technological advancements, people can easily enter into online money giveaways. Online contests sometimes are used by hackers to harvest information.

Thus it’s important to be careful when filling out information in online forms. The amount in prizes and money giveaways that these contests promise can tempt anyone with a need for cash. If you feel lucky, and you need money, you can always try out these contests.

A bonus item is fantasy sports. You can consider free online fantasy sports contests to win free money. Why not right?

5. Promote Contests in your Website/Blog

Another money giveaway is through promoting the sweepstakes and contests on your website or blog.

If you run a high-traffic blog or a website, you can search for legitimate sweepstakes and then use your websites to give a link to the contests offered by various companies and make real bucks.

It is an excellent way of earning cash since you don’t have to keep working so hard. As long as your blog runs enough traffic, you are ready to make money.

6. Use a Sweepstakes Directory

You can find sweepstakes service that collects contests from the internet. They have listed numerous contests in one place to make it easy for contestants to take part in them quickly.

A good example of such sweepstake service is Contestbee, the balance every day sweeps Advantage and Contest girl among others.

Using this directory, you can easily find the genuine way to participate in big cash sweepstakes and stand a chance to win money for free.

7. Join a Lottery

Joining a lottery is another way you can win real money. Although the chances of winning a lottery are very slim, the prizes to be won are worth the try.

It is just another form of gambling which entails drawing of numbers to determine the winner. These gambling games are conducted by the government, and it comes in many forms.

The highest prize in the US jackpot was at $1.6 billion. Winning such a prize would be a dream come true for many people. The winners in a lottery can decide whether to be paid the money in lump sum or annual allotments for 30 years. Odds in lotteries can be extremely low.

The traditional Powerball or Mega Millions is not free. However, there are actually free forms of lotteries that you can play in your local area. Just keep an eye out on them. If you win, you’ll definitely need to find a place to cash a check.

Conclusion on Money Giveaways

Winning free money can be a perfect feeling, and with these large prizes, they can always get you out of a hard situation or change your life completely. Odds at winning money giveaways are extremely low, however.

If it’s free then what is not to love about it? There’s simply no risk to earn money for free.

I hope this article has given you valuable insights on free methods to win money giveaways.

What money giveaways do you love? Let us know in the comments below. We’d love to hear from you.

See Also:

• Great Tips for Investing in Wine for Alternative Income
• How to Sell on eBay Full-Time Including Great Products to Sell
• A Primer on Passive vs Nonpassive Income

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