Sweepstakes and raffles are both popular methods for raising funds or promoting products, but they differ significantly in their mechanics. Sweepstakes involve a chance to win a prize based on random selection, where participants typically enter without any purchase requirement. In contrast, a raffle requires participants to buy tickets for a chance to win, with proceeds often going to a charitable cause. Understanding the differences between sweepstakes vs raffle is essential for organizers to comply with legal regulations and for participants to know what to expect. Ultimately, sweepstakes vs raffle offer unique experiences for both entrants and sponsors.