Commit 78b8a46d authored by Lisa Falcone's avatar Lisa Falcone Committed by Dan Rhodes
Browse files

Promotional Games - Update file marketing-collaboration.md

parent 601fd5c7
Loading
Loading
Loading
Loading
+1 −1
Original line number Diff line number Diff line
@@ -47,7 +47,7 @@ Complete all of the questions in each of the following sections of the Legal Tem

  - **Prize Descriptions and Depictions.** Please provide as much information as possible regarding the prize(s), for example, the number of prizes, size(s) available, color(s), technical specifications, etc. The rules must clearly describe the prize(s) so that the prize is not subject to interpretation or create confusion.  The brand name of a prize can be used in the description. If an image of the actual prize will be used, it shouldn't be so prominent that it looks like the prize manufacturer is sponsoring the promotion.

  - **Prize Values.** Local law often hinges on the value of the prizes, so it is necessary to know what prizes and how many prizes will be awarded prior to creating rules. Legal may request a change in prizes if the value amount is over a certain threshold and adds significant Legal requirements to the event. This varies from country to country and sometimes from state to state.  As a rule, prize values should not exceed US$599.00, to avoid U.S. tax form requirements, and the total value of all prizes in a promotion should not exceed US$4,999.00, to avoid registration and bonding requirements in certain U.S. states.
  - **Prize Values.** Local law often hinges on the value of the prizes, so it is necessary to know what prizes and how many prizes will be awarded prior to creating rules. Legal may request a change in prizes if the value amount is over a certain threshold and adds significant Legal requirements to the event. This varies from country to country and sometimes from state to state.  As a rule, prize values should not exceed US$1,999.00, and any questions regarding the tax implications of prizes should be directed to the [Finance team](/handbook/finance/). The total value of all prizes in a promotion should not exceed US$4,999.00, to avoid registration and bonding requirements in certain U.S. states.

  - **Awarding Prizes.** The method and criteria for winning a prize must be detailed, as this will affect what the rules will include. For example, in a game of chance/sweepstakes, winners are selected through a random drawing. In a contest/game of skill, winners are selected through criteria on which they are judged.