If a participant is required to give up something of value in order to participate in a game or sweepstakes,then _____ is present,and the promotion is considered a lottery.

Question

Quizplus · Accepted Answer

Consideration is necessary for a promotion to be considered a lottery. If a participant has to give up something of value (such as money, property, or even personal information) in order to participate, then consideration is present and the promotion becomes a lottery. The other choices (exchange, equity, enticement, and remuneration) are not specifically related to the legal definition of a lottery.

If a Participant Is Required to Give Up Something of Value