Sweepstakes: the winner is selected randomly from various entry form methods. Eg. Facebook entry forms, microsite entry forms, kiosk entry forms, website entry forms, mail-in entry forms.
Games: prizes are usually randomly seeded within a finite number of game pieces, which are then distributed to consumers
Contests: the winner is determined primarily on a basis of skill
When you are conducting a game of chance, to be conducted in NY and FL, where the total approximate retail value of all prizes exceeds $5,000. The deadline for registration in NY and FL is 30 day and 7 days, respectively, prior to the start of the promotion.
A surety bond is basically an insurance policy that New York and Florida hold to guarantee that the Sponsor will award all prizes.
If you conduct and register promotions in Florida for five successive years without incident (i.e. late filings, fines, etc.), you may qualify for a bond waiver. It is still necessary to register your promotion, but you can do so without a bond.
Yes, but only If you are conducting a retail sweepstakes with a total prize value of $500.