The letter sure sounds tempting.
It urges you to call right now about your entry in a drawing for $1.1 million.
The letter explains you can win $550,000 in one lump or $36,666.67 spread out in 30 yearly payments.
It also says you don't have to buy anything to win. It claims a purchse won't improve your odds of winning.
When I called, I learned the company is the National Magazine Exchange in Florida.
While I was on the phone the rep said I was registered for the drawing, but only one person will win next April and the odds are about 1 in 26 million.
The rest of the time she asked me to buy magazines for $1.29 a week. Later she pitched a vacation cruise.
A check of the Better Business Bureau website shows 318 complaints against the company.
A lot of people say they didn't realize the true cost of the magazines and later asked for a refund.
Bottom line, do your math and know how much you're paying. This company is legitimate. It will award one prize and like the lottery, you have a better chance of getting hit by lightning than winning the half a million dollar prize.
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