Updated February 25, 2010 at 8:06 a.m. PST: Update and correction to reflect that the app is now free and the prize is up to $1,000 daily.
According to a report by RegHardware, Apple is now allowing developers to add contests, lotteries, or sweepstakes to iPhone and iPod Touch apps, thanks to a new SDK rule, if those contests follow some strict guidelines:Developers must be the sole sponsor of a promotion. The app promotion must comply with all local laws. Developers must clearly state that Apple has no sponsorship or responsibility for the in-app promotion.
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