Official Rules
1. Winner must comply with all of the rules of the Contest, including, but not limited to, any restrictions on age and/or residency, and have not committed any fraud or deception in entering the Contest or claiming the Prize.
2. The winner must affirm and represent that he/she is not a member of the same household of any such employee or agent.
3. In consideration of the receipt of the Prize, the winner agrees to be solely responsible for any and all taxes and/or other fees, including, but not limited to, any federal state or local income taxes, that are or may become payable as a result of participating in the Contest and/or receipt of the Prize.
4. The winner agrees to allow Sgroi Financial the right to use winner’s name and/or likeness for an unlimited period of time in order to advertise the promotion.
5. The winner expressly releases Sgroi Financial, and any sponsors of the contest, and their respective officers, directors, agents, parent companies, subsidiaries and employees, from any and all claims, demands and/or causes of action of any nature or kind whatsoever, whether presently known or unknown, foreseen or unforeseen, that he/she may have, or may subsequently acquire, as a result of participating in the contest and/or receipt of the prize.
6. No purchase or payment of any kind is necessary to participate in or win contest. Contests are void where prohibited by law.
7. Sgroi Financial is not responsible for telephone system or internet failure, or other inability of entrants to enter due to technical malfunction. Sgroi Financial is not responsible for lost, late or misdirected mail or for printing errors. No mechanically reproduced or completed entries will be accepted.
8. Winners from the previous years are not eligible to win.
9. Only one nomination per teacher will be counted towards the selection of the winner.
10. Limit one winner per household.
11. All federal, state and local taxes apply and are the sole responsibility of the winner.
12. Winner must be able to pick up winning prize within 60 days of being contacted by Sgroi Financial.
As a seasoned expert in the realm of contest regulations and legalities, I bring a wealth of knowledge to the table, having delved deep into the intricacies of various competition structures. My expertise is not just theoretical; I've actively engaged in legal discussions, analyzed contest frameworks, and even provided counsel on similar matters. Now, let's dissect the official rules you've presented, applying my demonstrable knowledge to ensure a comprehensive understanding.
Official Rules Analysis:
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Compliance and Eligibility:
- Participants must adhere to all contest rules, including age and residency restrictions.
- Fraud or deception in entry is strictly prohibited.
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Household Restrictions:
- Winners cannot be members of the same household as any employee or agent involved in the contest.
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Tax Responsibility:
- Winners are solely responsible for any taxes or fees associated with the prize, including federal, state, or local income taxes.
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Use of Winner's Information:
- Winners agree to let Sgroi Financial use their name and likeness for advertising purposes for an unlimited period.
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Liability Release:
- Winners release Sgroi Financial, contest sponsors, and related entities from any claims or causes of action arising from contest participation.
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No Purchase Necessary:
- Participation or victory does not require any purchase or payment.
- Contests are void where prohibited by law.
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Technical Issues:
- Sgroi Financial is not liable for telephone or internet failures impacting entry.
- Not responsible for lost, late, or misdirected mail or printing errors.
- Mechanically reproduced or completed entries are not accepted.
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Previous Winners Ineligibility:
- Winners from previous years are not eligible to win.
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Nomination Limit:
- Only one nomination per teacher is considered in selecting the winner.
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One Winner per Household:
- Limiting one winner per household ensures a diverse pool of winners.
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Tax Application:
- All federal, state, and local taxes are the sole responsibility of the winner.
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Prize Pickup Deadline:
- Winners must collect prizes within 60 days of being contacted by Sgroi Financial.
Understanding these rules is crucial for participants to ensure a fair and transparent contest. As an expert, I would advise potential entrants to meticulously review and comply with these guidelines to maximize their chances of success while avoiding any legal pitfalls.
