Sweepstakes Lingo

Term

18+ US (48) 

18 and up

This means that in order to enter the sweepstakes and qualify, you must be 18 or over and live in the continental United States. Sorry, Alaska and Hawaii.

Term

ARV

Vacation

This stands for “Approximate Retail Value” or in other words, what you would pay if you were to purchase that prize. For example, if you win a vacation the ARV would include approximate cost of the flights, hotel stay, etc.

Term

FMV

Cash money

This stands for “Fair Market Value” and this value is important for tax purposes. This value is more realistic to what the sponsor actually paid for the prize, which is why there might be a difference between the ARV and the FMV.

Term

UAOM

Happy Kid

This stands for “Under the Age of Majority.” In more simple terms, it is another way to refer to a minor or under aged contestant. If a contestant is a UAOM, he or she will need a signed consent form from the parents or guardian to enter the sweepstakes.

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