Money Competitions

The money prizes awarded depend on the type of competition. For example, cash prizes in writing and photography competitions are usually substantial and vary depending on the advertiser. Competitions that require a high level of professional entries can offer up to AUD $100,000. Examples of these include designing professional logos, writing marketing copy for large companies, or designing the marketing brochures of companies. The first and second runners up entries usually receive consolation prizes that are of a lower value than the winning prize.

Photography, design, writing, video and art competitions typically attract fewer participants. This is the case with most competitions that need some sort of creativity. Most people will be happy to purchase a lottery ticket or submit their names to enter a competition. However, few will take time to write an essay or a poem, take photographs or enter other competitions that require some effort from them. Participating in such competitions is a good strategy as the number of participants is usually low and thus you stand higher chances of winning. Moreover, the cash prizes can be substantial depending on the advertiser and scope of competition.

If you need some easy cash, you are better off participating in guaranteed money competitions. These usually take the form of referrals, but the cash prize offered is not much. For instance, you may get some cents for every customer that you refer to an advertiser or who purchases a product after you have referred them. While the money offered per lead may be little, the total payments can be much, depending on the number of people you refer and whether they complete the required steps for you to qualify for payments.