Venmo's $100,000 giveaway is deeply annoying

Don't worry, the Venmo Instagram Story chain mail will be over soon.
 By 
Nicole Gallucci
 on 

Venmo took over Instagram and Twitter feeds with a 24-hour contest on Monday, and quite frankly, the experience was downright hellish.

On June 28, the popular mobile payment app posted to social media to let followers know that $100,000 would be given away to a lucky 100 people who entered the contest. (The $100,000 would be split between 50 people on Twitter and 50 on Instagram for individual prizes of $500.)

To ensure the giveaway was authentic and not a familiar social media scam, Venmo posted official giveaway rules to its website. The rules state that "a Venmo account in good standing is required to receive a prize," and in order to be eligible for the payout a person must also follow @venmo.


You May Also Like

Now, I can't think of a single person who wouldn't love a free $500 — especially from a huge service owned by PayPal — but my goodness, Venmo's sweepstakes was deeply annoying.

As you can imagine, the giveaway gained a noteworthy amount of attention and users shared the posts a ridiculous number of times. You couldn't use social media on Monday without seeing Venmo's blue, purple, and white logo. It felt scammy, and a little like the return of chain mail.

I'm fairly certain the logo is burned into my retinas for eternity. To be honest, we all deserve $500 just for going through this journey.

As the sweepstakes comes to a close, actual winners have started posting screenshots of $500 payments they've received from Venmo. Though the majority of us are not $500 richer, we can at least rest easy knowing this whole thing wasn't a scam and we'll be able to return to our regular Venmo-free social media feeds shortly.

Though the initial Venmo sweepstakes post says the giveaway ended on June 28, the rules state that there will be a second entry period on June 29.

We might not be out of the woods yet, but it's OK, everyone. The Venmo contest can't hurt us forever.

Mashable Image
Nicole Gallucci

Nicole is a Senior Editor at Mashable. She primarily covers entertainment and digital culture trends, and in her free time she can be found watching TV, sending voice notes, or going viral on Twitter for admiring knitwear. You can follow her on Twitter @nicolemichele5.

Mashable Potato

Recommended For You

Samsung will pay you $50 to leave your non-Samsung watch party
A TV showing a football player holding a football and a bright blue background.

Score this 100-inch Hisense U7 Mini LED 4K TV for over $1,000 off — its best price ever
Hisense U7 Mini LED 4K TV mounted on wall in living room

Start 2026 strong with this deeply discounted Microsoft Office license
Microsoft Office 2024 Home & Business for Mac or PC Lifetime License


More in Life
How to watch Chelsea vs. Port Vale online for free
Alejandro Garnacho of Chelsea reacts

How to watch 'Wuthering Heights' at home: Margot Robbie and Jacob Elordi's controversial romance now streaming
Margot Robbie and Jacob Elordi embracing in still from "Wuthering Heights"

How to watch New York Islanders vs. Philadelphia Flyers online for free
Matthew Schaefer of the New York Islanders warms up

How to watch Mexico vs. Belgium online for free
Israel Reyes of Mexico reacts

How to watch Brazil vs. Croatia online for free
Vinicius Junior #10 of Brazil leaves

Trending on Mashable
NYT Connections hints today: Clues, answers for April 4, 2026
Connections game on a smartphone

Wordle today: Answer, hints for April 4, 2026
Wordle game on a smartphone

NYT Connections hints today: Clues, answers for April 3, 2026
Connections game on a smartphone


Wordle today: Answer, hints for April 3, 2026
Wordle game on a smartphone
The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!