American Sweepstakes Features Two 150,000-Mile Prizes

Six domestic trips in coach. Or a first-class trip to Europe, to South America, or to Japan. Those are a few of the ways 150,000 frequent flyer miles might be redeemed.

But first the miles must be earned. Or, easier, won.

Enter American Airlines' sweepstakes by December 15 for a chance to do just that. The sweepstakes features two grand prizes:

• 150,000 American AAdvantage miles
• 150,000 Alaska Airlines Mileage Plan miles

It's quick and easy to enter. Just type your name, email, phone, and frequent flyer number and hit "Submit."

Want to get away for free? Check out Tim Winship's current picks of the best current travel rewards sweepstakes.

The Fine Print

• Open to legal residents of the United States, the District of Columbia, and Puerto Rico who are 18 years or older.
• Limit: one entry per AAdvantage member and/or Mileage Plan member.

The Value of a Mile?

As a side note, sweepstakes terms and conditions routinely state the Approximate Retail Value (ARV) of the prizes on offer, which they will report to the IRS and the winner will have to declare for tax purposes. In this case, the ARV of the 150,000 AAdvantage miles is deemed to be $2,985, or around 2 cents apiece. That's pretty standard for frequent flyer mile sweepstakes. However, the ARV of the 150,000 Mileage Plan miles is set at $4,215, or 2.8 cents each.

Alaska's miles are worth 40 percent more than American's?

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