A Tax Free Investment That’s Really Free!

 

A tax free investment may be a popular item this time of year when many folks are finishing up their tax returns before the deadline.  Tax-free investments are exempt from income tax by the issuer, which could be a state, city or county, and from federal income taxes.

At PCH Search and Win we’re offering a $100,000.00 “tax-free” prize to be awarded on April 29th.  Although it’s not exempt from taxes, the way we’ll guarantee the winner will receive the full $100,000.00 is by supplementing the prize with an amount necessary to pay U.S. Federal, State and Local Income taxes that may be due from the winner as a result of winning this prize.  According to sweepstakes writer Sandra Grauschopf of About.com, it’s a very “creative presentation giving you the chance to win a big cash prize.”  (Thanks, Sandra!)

$100,000 Tax Free Prize

This year the deadline for filing 2010 Tax Returns is April 18th. Tax Day Used to Be April 15th, but in 2011 the IRS has approved a later deadline in observation of Emancipation Day in the District of Columbia.  If you haven’t yet submitted your tax return, you only have a few days left to do so.

The deadline is fast approaching for online sweepstakes entry into Giveaway No. 1828 for the PCH $100,000.00 “Tax Free” prize, too.  All PCH Search and Win sweepstakes entries received by 11:59 P.M., ET, 4/17/11 will be eligible to win.  After that, it’s too late, so don’t delay.

You may not be in the market for a tax free investment or any other financial investment; but you won’t need a fund manager to figure out the ROI on a big win from PCH.  A few clicks online for a chance to win $100,000.00 “Tax Free”? Sounds like a good investment to me!

What’s more, if you win the $100,000.00 “Tax Free” prize will be hand-delivered free to your front door!  You wouldn’t have to worry about a brokerage statement or holding it until maturity – you could spend the huge cash prize right away!

So, head on over to PCH Search and Win and search online for your chance to win a “tax free” windfall.  While you’re at it, try searching for “tax free investment,” “ROI” or “Emancipation Day” and let us know what you learn!

Deborah Holland Publishers Clearing HouseGood luck!

Deborah Holland

Executive Vice President

PCH Publishers Clearing House


Note: Your email address will not be displayed

Showing 40 Comments
Cindy Bonneau said...

In finance, rate of return (ROR), also known as return on investment (ROI), rate of profit or sometimes just return, is the ratio of money gained or lost (whether realized or unrealized) on an investment relative to the amount of money invested. The amount of money gained or lost may be referred to as interest, profit/loss, gain/loss, or net income/loss. The money invested may be referred to as the asset, capital, principal, or the cost basis of the investment. ROI is usually expressed as a percentage.

I never knew what a ROI was before..it was interesting to find out until they went to the MATH part. Sorry my Dad was Head of the Math Dept at the USCG Academy and he could never understand why I didn’t love math as much as he did.. *smile*
Have a GREAT DAY everyone!

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Marrietta said...

Prize Patrol,I will Never Give Up!! Good Luck to all hope,and pray to see the PCH Team at the end of the month.Marrietta Bacigalupo.

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dwayne ldixon said...

i want to be the winner for the
$100,000.00 ”tax free” prize
i am home today okay

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    PCH Customer Service said...

    Hey Dwayne,

    You don’t have to wait at home! When our famous Publishers Clearing House Prize Patrol awards a prize in person, they make every effort to find that winner. If the winner is at work, on vacation, or away from home, the Prize Patrol will find them. We haven’t had a situation in over 30 years of awarding prizes where we could not locate our winners.

    Best of luck in the sweepstakes!
    Jodi @ PCH

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Curtis Martin said...

Because I talk about Dave being on his way over so much, my family joke around and tell me, because I work nights, if Dave do come by, he would have to throw a brick trough the window to wake me up. :)

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Feliscia M said...

You’re right Deborah. I wouldn’t need a fund manager if I were to win. I have too many bills breathing down my neck ( kind of tickles though). You’ve heard the saying life is just a rollercoaster – - I used to love rollercoasters – - now they just give me a big headache and make me a little nauseated. Oh well – hope to win. Have a good day.

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Rochelle Poke said...

Hi Deborah
I’m praying that I win what happen if a person receive a letter and a card is that a good thing

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Nancy Sexton said...

At this point, we need anything cash, tax-free or not!!

And I’ll accept it at my place of work, because they need it too!! (Actually, they need it just as much as I do at this point! And I’ll gladly offer it to them should I ever win!!)

God bless all who participate!!

NKS

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Vickie Plasterer said...

What A welcomed RELIEF a TAX FREE $100K would make in our lives TODAY !! As usual I have entered and will continue entering until, if the Good Lord Allows, my WISH of being a SUPERPRIXE PCH WINNER might come true !

I cannot say that I have Never Been A Winner with PCH, as this is simply NOT TRUE.

I HAVE WON a PRIZE by using PCHSearchandWin as my Search engine and I have WIN LOTS of TIMES just by browsing and shopping at SHOPandWIN.com. While I am thrilled to hve won some REALLY NEAT PRIZES I would REALLY LOVE to WIN just ONE of the BIG SWEEPSTAKES AWARDS, like this $100K TAX FREE this APRIL 29th, 2011.

We could repair our home and pay off some debt which would be FANTASTIC ! As I stated, I do enter everyday and I will keep entering as long as I my fingers will let me type on-line !! SHort of this,if my fingers give up, I will begin calling the 800 number to PCH and register to win ON-LINE. PCH offers so many ways to enter it is difficult not to find an opportuity to enter everyday!!

HAPPY APRIL 15th (I HOPE for you all)

Vickie P
Markle, IN

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Vickie Plasterer said...

CORRECTION : If I call PCH to enter, I will NOT be entering ON-LINE via compter, I would be entering VIA Telephone line. !!

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gabriellie thomas said...

i never win and think in my life i do not have home or car if i do i wood be so happy i am going to 50 it is poor were i live i need help can not get it i lots my mother and father and 1 year time i do no not have no one i live on 400 hd dollor a mt i wist i cold more

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gail block said...

let’s see pch knocking at my door sure when a earth quake hits in buffalo n,y,

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Vickie Plasterer said...

IT is wise to investigate IRS Rules when ENTERING any of the GREAT PCH SWEEPSTAKES OPPORTUNITIES.

This way the ONLY SURPRIZE you’ll get is having the PCH PRIZE PATROL appearing at YOUR DOORSTEP with a GREAT BIG CHECK and having your DREAM COME TRUE !!!

GOOD LUCK to us ALL !!!!!!

Vickie P
Markle, IN

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ANNAH WILLIE said...

PCH I’M NOT MUCH ON WORDS BUT I BELIEVE GOD GIVES ME WHAT I NEED TO SPEAK FROM MY HEART I DON’T KNOW IF ITS MENT FOR ME TO WIN ONLY GOD KNOWS THE ANSWERS BUT WHOEVER WINS I HOPE THAT THAY DONT FORGET TO GIVE THANKS BECAUSE IT WILL BE SURELY A BLESSING AND WE LL NEED ONE OF THOES SO GOOD LUCK TO ALL AND GOD BLESS YOU BE SAFE YOUR FRIEND

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sylvia manning said...

it i win help my family out and bye me home iall help .if been nice to see pch.to my apt.

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gail block said...

a stove a car and washer and dryer

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Vickie Plasterer said...

Hey fellow PCH sweepstakes entrants,

Here is some information I thought I would share; which I got from Bankrate.com and ASK.com, should anyone of us become a PCH SWEEPSTAKES WINNER

From Bankrate.com 04/17/2011:
Throughout the year, I’ve spent some money on my entering sweepstakes . Stamps, envelopes, and newsletter subscriptions add up! Is it possible to deduct this money on my taxes?

The answer is an unequivocal maybe. Current tax law allows you to deduct the expenses you spend on a hobby from the income that you make with that hobby. That means that if you are itemizing your taxes, you may be able to deduct expenses for postage, post cards, and sweepstakes newsletters from any wins that you receive.

To do this, however, you will need to keep very good records. For one thing, sweepstakes/hobby expenses are only deductible from the income that is generated by that sweepstakes/hobby. So if you have $500 worth of wins but $600 worth of expenses, you can still only deduct against your $500 worth of earnings. If you have “other income” other than your sweepstakes wins, you must be careful to distinguish the different sources.

Also, you need to keep good track of how you use the items you deduct. For example, if you buy $100 worth of stamps, you must be able to show that you spent all $100 on sweepstakes entries, and none on bills or letters to your Aunt Bertha.

Keeping your bills and receipts from all of your expenses is key to being able to show the IRS that your expenditures were legitimate.

You also need to be scrupulous in reporting only expenses that are used for your sweepstakes hobby alone. For example, a subscription to a sweepstakes service would probably be deductible, but your monthly bills for your internet would ONLY qualify if you ONLY use the net for sweepstakes entry.

Expenses that you deduct from your sweepstakes hobby are reported as miscellaneous itemized deductions on Schedule A, and are subject to the 2% limit.

PRIZE WINNINGS, from ASK.com 04/17/2011

Think you’re pretty lucky because you won $1,000 in a sweepstakes? Uncle Sam is even luckier. He’s due part of your winnings.
Prize winnings are included in the long list of “other” income that the tax law says is taxable.

And it’s not just limited to cash awards. You’ve got to pay taxes on the fair market value of any property you win. So get ready to come up with some cash for Uncle Sam to cover that new Corvette the local Chevrolet dealership presented to you as part of its latest promotional contest.

Be careful when reporting the amount of a non-cash prize. In most cases, companies and groups that award prizes, both cash and property, will send you a 1099 form declaring the value of what you won.

If your tax return reports substantially less than what the giver claims, your under-reporting could mean a long, hard look from an IRS auditor.
But don’t cheat yourself, either. It’s not inconceivable for a prize presenter to over value a gift. If you find yourself in this situation, it is possible to do your tax duty without paying too much.

In short, your own specific circumstances have a huge impact on whether you can deduct your sweepstakes expenses or not. To make the right decisions for your circumstances, consult the IRS website and a professional tax consultant.

Vickie P.

Markle, Indiana

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Chiyo Asaka said...

Social security money doesn’t give us enough money to do things we want to do. If we win, the money will be used to help family members, charities and fund money for us to go dancing. Someday, maybe we’ll be able to afford going to Japan.

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Deborah Holland said...

Thanks for the great comments, everyone! Best of luck!
Deborah @ PCH

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ruby archer said...

i didn;t get to be on my computer all day today, my son and i had to leave the house bcause they had tornato watch out all day, so we were afraid to stay home, they told us to go to a safer place, i didn’t get to be on all day so i didn’t get to search like i wanted to, i hope i still have a chance to win a big money prize, i really need to, ruby archer

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Merrill Jobe said...

Yes, I could use that amount on the end of April!
Even more amount would be a good help for me.
Thanks,
Merrill

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Steve Koffarnus said...

Does pch know where Kaukauna is.

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ruby archer said...

hi debra i guess i have bad luck following me around,it saysi have to play the lotto before 11_59 to night,to maybe win , i played the lotto last night after 12oo oclock, so i can’t do it before 12 tonight thats my luck,i have to do my things late at night because i am helping my handicapped son in day time, and grandkids,i have to do most of my computr after he goe.to bed, ruby archer

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Gwendolyn Ford said...

I would love to win, if I won I would use the money to help my family because alot of them are going thru hard times now, maybe get me a house and car, then spoil my 2yr. old grandbaby whom I haven’t seen yet because I was diagnosed with Cancer 2/09. Doing better 15months in remission.

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Loretta Edmiston said...

I am Loretta Edmiston and I have a good feeling I am going to be THE BIG WINNER at PCH. Praying for Loretta Edmiston The Winner .

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Dayle A Riggs said...

I would love to win the $100,000. Tax free money. I would pay off any debts that iI have then invest all of the rest of the moneiesinto stocks Bonds etc. I hope I win because I’ve never won anything in my life and that would change my outlook on life financally etc.

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ahmed desouky said...

i hoop got winner

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Mary Hartman said...

1828 for the PCH $100000.00

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Mary Grant said...

Keep getting e-mails saying I have not entered. What is going on with entries. I enter every day.

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    Victoria At PCH said...

    Hi Mary,

    These emails are only meant to encourage you to enter daily and respond to every email. If you are already doing this, please disregard the email. We apologize for any inconvenience.

    Victoria At PCH

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summer storm presley said...

Please allow to be granted that money i will be able to put my kids threw school like they have always dreamed of it would be a blessing for me and my 2 kids as a single parent to move on with our lives god bless You!!!

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melease said...

i cant find where to enter for this help . ty god bless

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    Victoria At PCH said...

    Hi Melease,

    You can enter for this by using PCHSearch&Win as your search engine. To use PCHSearch&Win, you first go to http://search.pch.com/ and create an account.  You must be logged in for the opportunity to win prizes.  Then, just use PCHSearch&Win like you’d use any other search engine.  If you win, you will be notified immediately by seeing a winner’s screen rather than your search results.  Good luck, and have fun searching!

    Victoria At PCH

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Roma Sue Noffsinger said...

To Whom it may concern..This is nice to..Just that if I can win it..Thank you have a nice day..

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Marybeth Bergeron said...

I love to buy from PCH. You have the greatest gadgets!

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Wendy Thornberry said...

It’s great & it’s What I needed
All of that money
My Christmas & Birthday Son
He is very unquie baby
He needs support that
I hope one day They ll
Come see us with big checks

Thanks
Wendy

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joy bean said...

This is wonderful. With todays economy as it is, many are struggling. It is fearful to agonize each month with the thought,” will I have enough to get by and buy food “. I play hoping I may hit a jackpot. Thank you PCH

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