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Since 1976, the FCC has required broadcast stations that advertised its contests and sweepstakes to the general public to disclose the material terms on air. These on-air disclosures typically have taken the form of very rapidly recited terms at the end...

Want to know the different between a legal sweepstakes and an illegal lottery?  Ask WTC. The World Triathlon Corporation found out the hard way the difference when the FTC hit them with a $2.7 million dollar fine for running an...