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Publishers Clearing House announces million dollar a year prize

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Danielle Lam of the PCH Prize Patrol announced on Monday that Publishers Clearing House is giving away a million dollars a year to one lucky winner soon. The Dec. 16 announcement came through the elite prize patrol team member via the PCH Blog, where fans of the company often gather to learn the latest news about prizes and sweepstakes.

A Feb. 28, 2014 prize award date puts this particular winning moment on the distant horizon and gives potential entrants a little more time to get in their own chance to win the phenomenal sweepstakes prize, if they haven't entered already.

There is no entry fee and no purchase is necessary to enter and win, unlike the Mega Millions lottery. And an added bonus is that this particular super prize sweepstakes makes a millionaire out of one family member in addition to the main winner named in February.

According to Lam, if you win "you get one million dollars a year for your life, and after that someone you choose gets $1,000,000.00 a year for their life too."

Official rules for Giveaway 3080 states that all entries must be received no later than 11:59 p.m. ET on 2/20/14 to qualify for consideration. And if no one returns the winning super prize number for this giveaway by the required deadline (or if the entry proves ineligible for some reason), at least a one million dollar prize will be awarded in a second chance drawing.

Second chance drawings seem to occur quite often in the Publishers Clearing House sweepstakes, with the most recent one occurring in November, when a $7,000 a week for life giveaway didn't turn up a winning entry. There were a lot of disappointed people on Facebook bemoaning that fact. But a second chance winner was chosen, and the Idaho woman received a million dollars as a result.

With the Mega Million lottery currently reaching over $500 million (and some predicting it will exceed the $656 million record soon), PCH is faced with two problems. First, their million a year for life sweepstakes couldn't possibly lead to the winner and their loved one living long enough to make as much as a $656 million Mega Millions payout. So some people might choose to play Mega Millions instead of going online to enter at PCH.com.

And second, since the sweepstakes company may be finding it hard to get enough Americans interested in returning their potential winning entry as a result (or going online to enter there), more second chance drawings will likely have to continue in order to find a winner.

Smaller payouts from second chance drawings are nothing to sneeze at, but they might mean even more people start to lose interest in the Publisher Clearing House giveaways unless the prize patrol team starts awarding prizes more often, to at least increase their visibility to Mega Millions level.

For a list of the most recent super prize winners and other sweepstakes giveaways currently going on at Publishers Clearing House, visit PCH.com or PCH Facebook.

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