Spam from a lottery:

"Did you find a gold card? Enter your win code at <URL> and play in <lottery>, and immediately see which of the prizes you are guaranteed to receive, at least a JBL speaker worth 45 EUR. You pay 15.50 EUR per draw, and there are 15 draws per year. You can cancel at any moment."

I wonder what the grift here is, exactly? I can't imagine them giving away 45 EUR worth of stuff if you can cancel at any time (ie. after a single payment of 15.50 EUR), so what's the catch that makes it profitable for them?

@joepie91 can you always choose to get exactly that speaker, or can you sometimes get a prize that’s “worth more!” except they paid less for it?

@jonah If the paper spam isn't outright lying, all of the other prizes are either a) cash prizes, b) very large giftcards for normal stores (no way they negotiated *that* kind of discount), or c) high-value electronics.

I couldn't identify any of them as being a way for them to save a buck, which is part of what confused me about this grift.

(Like yeah, giftcards are often how this is done, but we're talking a 1000 EUR giftcard for an online department store here so that's not it)

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