Core Insights - Robinhood is launching a gold giveaway to celebrate the end of 2025, offering a grand prize of 2,025 grams of gold and 2,024 additional 1-gram bars [2][10] - The total value of the grand prize is approximately $273,880 based on current gold prices, with the 1-gram bars valued at around $136 each [3][4] Prize Structure - The grand prize of 2,025 grams is equivalent to about 65 troy ounces, while the previous giveaway featured a 1,000-gram first prize [3] - The total value of all prizes will fluctuate with gold prices, which are currently near a century-high [4] Entry Requirements - To enter the sweepstakes, participants need a Robinhood brokerage account, an active Robinhood Gold membership, and a W9 on file [6] - Entries are earned through net deposits made into a Robinhood account from December 1 to December 17, with one entry for every dollar deposited [7][10] - An alternative mail-in entry method allows participants to submit entries without a Robinhood account, with each valid mail-in entry worth 3,000 entries [8] Membership Details - Robinhood Gold membership costs $5 per month or $50 per year, and must be active by December 17 to qualify for the sweepstakes [6][12] - Membership offers additional benefits, including a 3.50% return on uninvested cash and access to research tools, but the value of these features depends on individual usage [12] Considerations for Participants - For existing Gold members, entering the giveaway primarily involves maintaining funds in the brokerage account until the deadline [11] - New members must weigh the cost of membership against the potential prize, considering the low odds of winning [14]
One Brokerage Is Giving Away a Prize of $270K in Gold—Plus More Than 2,000 Smaller Bars. Is It Worth a Shot to Enter?