how much money does publishers clearing house give away
Publishers Clearing House Although Publishers Clearing House advertises its sweepstakes along with magazine subscriptions, no purchase is necessary to enter or win.[10][43][44] In 1995, Publishers Clearing House began the tradition of announcing winners of its $10 million prize just after the Super Bowl.[45] As of 2012, $225 million in prizes have been distributed.[8] Some of its larger prizes are for $5,000 a week for life,[46] or $10 million.[47] Prizes can also range from $1 Amazon gift cards to $2,500, $1 million or $3 million.[48] The larger cash prizes are paid in installments, typically with a balloon payment at 30 years,[49] reducing the present value of prizes to much less than their nominal values.
Parker Brothers Parker Brothers was founded by George S. Parker. Parker's philosophy deviated from the prevalent theme of board game design; he believed that games should be played for enjoyment and did not need to emphasize morals and values. He created his first game, called Banking, in 1883 when he was 16.[2] Banking is a game in which players borrowed money from the bank and tried to generate wealth by guessing how well they could do. The game included 160 cards which foretold their failures or successes. The game was so popular among family and friends that his brother, Charles Parker, urged him to publish it. George approached two Boston publishers with the idea, but was unsuccessful. Not discouraged, he spent $40 to publish 500 sets of Banking.[2] He eventually sold all but twelve copies, making a profit of $100.