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While brands often have legal counsel to advise them on the intricacies of running a contest that complies with all laws, that information is not usually passed down to bloggers.You can follow.What are Sweepstakes, Contests and Lotteries?Also found in: Thesaurus, Acronyms, Idioms.Whether online or off, there are a host of laws that every contest holder must follow or risk significant fines or, in some states, criminal prosecution.A lottery has three things: Prize, Chance and Consideration.If you are planning a sweepstakes or contest and would like more information on how to do it right, please contact.Lotteries are highly regulated and should not be run without consulting with legal counsel.Its the same reason readers under the age of 18 are often excluded.More and more Im seeing giveaways that may not be fully compliant with federal or state laws governing giveaways.