Making money is a universal interest for most people. Even a casual browser of MoneyPantry knows that I, too, share that passion!
I also like free money which is why I have talked about and listed 40 companies that give you free money.
But today, I’m not going to talk about making money or somebody giving it for free.
Instead, let’s talk about winning money!
That’s right, today I’m going to talk about how to win money online. Whether it is contests, sweepstakes, or lotteries, we’d all like to win something once in a while. So this article is dedicated to those ways you can get money that are more unlikely but have greater rewards than normal.
What will I learn?
What is the Best Way to Win Money Online?
While there are several ways to go about it, winning money online isn’t quite as easy as making it. That is because there is such a limited number of options to “win” compared to the very broad idea of “making” money.
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But rest assured, there are ways to win.
The best way to is to enter sweepstakes, which we’ll talk about in a moment.
Now there is a difference between sweepstakes and contests, or lotteries. It is most definitely a sweepstakes which will give you the most bang for your buck.
Below, I’ll list some options for winning money. These should give you an idea of the process and help get you started!
1. Enter Sweepstakes
I’ll put this one front-and-center because it is the most tried and direct method of simply winning money.
What do you do?
You enter the sweepstakes. Then you hope you win. That’s it.
A sweepstake is different from a contest or a lottery in that it is the most “free.” A contest requires some kind of entry, usually a display of skill like writing an essay. A lottery requires that you purchase participation. Sweepstakes, on the other hand, are free entry and free payout (the best of both worlds!)
If you want to get going with sweepstakes, here are some legitimate places to enter:
2. Enter Online Lotteries
While we know that this isn’t the absolute best option, it is a definitely way to win money online.
Do be careful and make sure you scam-check the site before participating. A quick Google search for “(site name) + scam” will tell you what you need to know.
Make sure not to sink too much money by participating in online lotteries. The goal here is to leave with more money!
3. Bet on Weight-Loss
As you may recall in my list of ways to earn extra cash, there are sites where you (and others) come together to bet on your own weight loss.
The premise is simple: bet your money, set your goal and lose that weight. If you don’t meet your goal, you lose the money. If you win, you win the money. It’s a win-win.
4. Try out MoneyCroc
MoneyCroc has an interesting premise: refresh the page until you earn money. You can choose what amount you’re trying to win, and you have a higher chance of success with lower amounts of money.
The public opinion on MoneyCroc is split. On one hand, there are no explicit complaints of scamming. On the other hand, there are few explicit statements of winning money. This one is undecided, but you may as well take a look for yourself.
5. Enter a “Swagstakes”
An option just for you SwagBucks users out there. A few SwagBucks will get you an entry into one of their sweepstakes, which will net smaller gains than a normal sweepstakes, but also have less competition.
This is a good option for the more prudent readers out there, who are interested in making small gains. If you are already a Swagbucks user, there’s no reason not to enter these periodically and try your luck.
6. Betting Online
While I can’t directly recommend that you go gamble online (the legality varies by area,) I must point out that there are ways to do it.
In the US particularly, there have been movements in the last decade to limit or eliminate online gambling. So if you are a US resident, read up very carefully before you start!
Furthermore, I must point out that this is a risky option. Losing money is the opposite of what you want to accomplish here, so be careful! However, if you would like to read more, this website has a lot of good information.
Last Words on Winning Money Online
My parting thoughts are that it is absolutely possible to win money online! There aren’t quite as many ways to do it as I’d like, but it is good to know that it is possible.
While I did list some non-free options up above, I must reiterate to never spend more than a few dollars on this sort of thing. There is nothing wrong with dropping a few bucks for a chance at much more, but if you take farther than that, you might end up getting burned.
However, there’s no reason not to sign up for all the sweepstakes in the world. So if you get the opportunity, do it! Though, you might want to make a separate email account.