Topic: Raffles and Contests
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0184 Saver’s Sweepstakes® Compliance FAQs
This release applies to all credit unions, state and federal. It describes the basic features of Saver’s Sweepstakes®, The League’s state-wide prize-linked savings program.
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Wisconsin allows prize-linked savings; League working on statewide program
As you’ve probably heard, Wisconsin recently passed a prize-linked savings (PLS) bill into law. The new law lets Wisconsin credit unions and other financial institutions offer PLS programs, where consumers […]
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DOA: Raffle Information
Credit unions are not eligible to hold a raffle license.
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DOA: Contests, Sweepstakes and Sales Promotions
A promotion which attempts to draw attention to a particular product or company by awarding some sort of prize by chance might be called a contest or a sweepstakes, prize […]
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USPS: A Consumer’s Guide to Sweepstakes and Lotteries (July 2007) 15 pp.
The Direct Marketing Association, the U.S. Postal Inspection Service, and Call for Action, Inc. have prepared this booklet for you to use as a guide when responding to sweepstakes offers […]
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DMA: Sweepstakes Do’s and Don’ts for Marketers
A “Plain Language” Guide to the Deceptive Mail Prevention and Enforcement Act of 1999 (DMPEA) by the Direct Marketing Association (DMA). The DMPEA became law on December 12, 1999 and […]
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Wis. Stats: 563 Bingo and Raffle Control as regarding qualified organizations.
563.90 Qualified Organization. Raffles can be legally conducted in Wisconsin by qualified licenseholders. Unfortunately, credit unions are not eligible to hold a license.
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Wis. Stats: 100 Marketing; Trade Practices as related to contests and raffles.
100.17 Guessing contests. 100.171 Prize notices. Regulates unsolicited prize notices given to individuals in Wisconsin.