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Publishers Clearing House (PCH) has found itself in hot water over its sweepstakes practices, which were described by the Federal Trade Commission (FTC) as “deceptive and unfair.”The company ...
Of those three companies, only Publishers Clearing House continues to use sweepstakes as a promotional device and as recently as 2010 paid $3.5 million to settle charges that it had violated the terms of a 2001 multi-state agreement for which it was fined $34 million. [13] [14]
Publishers Clearing House was founded in 1953 in Port Washington, New York by Harold Mertz, [5] [6] a former manager of a door-to-door sales team for magazine subscriptions. [7] The company started in Mertz's basement with help from his first wife LuEsther and daughter Joyce.
Jun. 29—Scammers are using a Publisher Clearing House ruse as the latest tactic to take people's money. Publishers Clearing House sweepstakes are legitimate, however, scammers have honed in on a ...
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Publishers Clearing House (PCH) was a competitor to American Family Publishers that ran similar sweepstakes. The two companies were often mistaken for each other. Many believe, incorrectly, that Ed McMahon was the spokesperson for PCH. Star Search host Ed McMahon worked for only American Family Publishers according to a 1992 interview [7].
Odds of winning the famous Publishers Clearing House sweeps are only slightly better, the latest one with odds of 1.3 billion to one. These mega sweeps have worse odds than the Powerball lottery game.
In March 1989, Castleberry won the Publishers Clearing House sweepstakes jackpot of $10 million. [3] Castleberry had been entering the sweepstakes every year since 1967. The winning numbers were broadcast on TV that evening.