Giveaways and contests can drive major growth, but they must be structured to comply with federal and state law. This guide explains the legal definitions, registration rules, and the documents you need to launch your promotion safely.
Key Takeaways
Offer a free method of entry with equal odds. Do not require a purchase.
Register and post a bond when required. Florida and New York require registration and a bond for prize pools over 5,000 dollars. Rhode Island re