Tuesday, September 4, 2012

Winning Rewards In A Contest

By Paulette Hart


When people enter a contest Canada citizens may expect to win something. Typical rewards in contests include vacations, cars, cash, or smaller items like toaster or coffeemakers. Regardless of the monetary value, people generally like to receive something that they otherwise would have to buy from a store.

Schools, charities, and other smaller organizations show appreciation to entrants by awarding household items, like coffee pots or toasters, as well as grocery products, tickets to local plays or shows, and other small gifts. These tokens do not typically cost a lot, and they may even be donated.

Large national competitions often include larger rewards. Residents who win these drawings may receive cars, money, vacations, or scholarships to university as their prize. Because these goods have higher values, some individuals may be required to pay taxes on them. Their value may be counted as part of the winner's income for that year.

Individuals who want to receive these items might look to international companies or television reality shows for such contests. These venues attract patrons to their business or show with drawings. Most of the time, even if a person does not win, that individual will remain a fan of that venue.

Most contests have rules that must be followed. Entrants cannot be related to anyone employed by or associated with the host company or organization. They also usually cannot have won more than once in a set amount of time, such as thirty or sixty days. This evens the chances of winning for everyone.

Because a variety of prizes are available in a contest Canada citizens might find the idea of winning one of these items to be exciting. They find it appealing to get something rather than having to pay for it. If it is of much value, that prize may need to be included as part of a person's income for the year. This is the case when people win cash, cars, or vacations, among other rewards.




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