PrizeWave: how America's monthly cash-draw membership stacks up
A $50,000 cash draw on the 20th of every month, a free way to enter and a membership you can cancel any time. Here is how it compares with the other sweepstakes we rate.
Our verdict on PrizeWave
A simple monthly $50,000 cash draw with a free mail-in route and cancel-any-time membership; odds are unpublished and there are no visible play-limit tools.
Best for: Adults in eligible states who want a cash-prize draw every month and like a straightforward membership.
Why it stands out
A real free way in
A hand-printed mail-in request gives 200 entries, the same as the Basic plan, into the same draw as paying members.
Cash, every month
One winner takes $50,000 in cash on the 20th, paid by bank transfer or check within 30 days of verification.
Simple membership
Three plans from $19.99 to $49.99 a month, with entries stated up front for each.
Easy to cancel
Cancel from your dashboard or by email; benefits and entries continue to the end of the paid period.
PrizeWave vs other US sweepstakes
Scores come from the same six-criterion rubric on every review, sorted by overall score. PrizeWave is shown in its true position.
| # | Sweepstakes | Overall | Entry cost | Free entry |
|---|---|---|---|---|
| 1 | Coca-Cola America 250 Drink in Adventure Sweepstakes | 7.3 | $0 | Yes |
| 2 | HGTV Dream Home Giveaway | 7.1 | $0 | Yes |
| 3 | Giving Back Raffle (Ronald McDonald House Charities of San Diego) | 6.7 | $150 to $650 | No |
| 4 | Mile High Raffle (Boys & Girls Clubs of Metro Denver) | 6.5 | $50 to $500 | No |
| 5 | PrizeWave | 6.3 | $19.99 to $49.99 | Not stated |
| 6 | MONOPOLY Game at McDonald's (2026) | 6.2 | Not verified | Yes |
| 7 | Dream Giveaway | 6.1 | $0 | Yes |
| 8 | Arizona Diamondbacks Foundation 25 Years of Heroes Car Raffle | 6.0 | $50 | No |
| 9 | St. Jude Dream Home Giveaway | 6.0 | $100 | No |
| 10 | HGTV Smart Home Giveaway | 5.8 | Not verified | Yes |
| 11 | Charitybuzz Sweepstakes (Prizeo) | 5.6 | $0 | Yes |
| 12 | Publishers Clearing House | 4.6 | $0 | Yes |
How entries work
With a membership
Active members receive entries into each monthly draw as a bonus. Basic gets 200, Premium 400 and Advanced 1,000. Everyone's entries sit in one pool and each has an equal chance.
By mail, for free
Hand-print your details on a card and mail it in a stamped envelope. It must be received by the 15th, and it is limited to one request per person per draw period.
Odds are not published; they depend on the total number of eligible entries. Winners pay all taxes on the prize.
What it costs
| Plan | Price | Draw |
|---|---|---|
| Basic membership (200 entries) | $19.99 a month | 20th of each month |
| Premium membership (400 entries) | $29.99 a month | 20th of each month |
| Advanced membership (1,000 entries) | $49.99 a month | 20th of each month |
| Free mail-in entry | $0 plus postage | 20th of each month |
Memberships from $19.99 to $49.99 a month, renewing automatically; cancel any time from your account dashboard or by email, effective at the end of the paid period. Prices are in US dollars. Entries are described as free bonuses, and the free mail-in entry costs only postage.
Frequently asked questions
Do I have to pay to enter?
No. The official rules say no purchase is necessary. A hand-printed mail-in request gives 200 entries into the same draw, limited to one request per person per draw period.
When is the draw?
There is one draw each month, on the 20th, with one winner and a $50,000 cash prize.
Can I cancel my membership?
Yes. The terms say you can cancel any time from your account dashboard or by email. Cancellation takes effect at the end of the paid period.
Who can play?
Legal residents of 48 states and DC aged 18 or older (19 in Alabama and Nebraska, 21 in Mississippi). New York and Florida are excluded.
Ready to take a look?
Read the official rules on PrizeWave's own site before you join, and try the free mail-in route first if you want to test it without spending.
We earn nothing from this link. Entry is entertainment, not an investment. If gambling is causing problems, call or text 1-800-GAMBLER.