Or jewelry - I'd rather win a big screen tv then a necklace I might lose.
The funny part is folks think that they will GET the ARV on jewelry. Honey, it aint gonna happen. Most times, you get less than 50%.. if you are lucky. And in times like this, you aren't going to get that. Unless it's a one of a kind from some very well known jewelery, it rarely is worth what they say it is.
Funny story about the handbags. I know someone who entered a contest for People or something like that for the Academy Awards swag bag. The ARV was OVER $25,000. One day, she came home from work and there was a box sitting on the porch and inside was a note that she was the winner and everything in the box from the contest. Totally freaked her out becuase they sent it uninsured, not needing to be signed and with NO 1099 never came.
Inside were GC to Lazyboy for a few thousand, GC to American Airlines for $1500 and other GC as well as everything else on the list.
She was smart and never posted it on another site, since a few of the woman have mental issues and seem to contact the IRS every time someone says they get a prize with no 1099. :nono: