In a new contest, Burger King will be awarding customers who need some help paying part of—if not all—their student loans. As of 2018, over 44 million Americans were affected by student debt. Around $1.56 trillion is owed in student loans, according to LendingTree. That’s a lot of Whoppers.
The burger chain took to Twitter last week to announce the contest, the Whopper Loans initiative. The contest is currently taking place and will end on June 6. With the Whopper Loans initiative, Burger King plans on giving away 300 prizes valued up to $250,000. Most prizes will be valued at $500, however, one lucky winner will receive $100,000.
for real tho, we’re trying to pay off those loans. introducing Whopper Loans – make a purchase through the BK app for a chance to have your student loans paid off.— Burger King (@BurgerKing) May 23, 2019
see App for details. no purch req’d.https://t.co/5XnCilnPW4 pic.twitter.com/3JKIuXdctB
Customers will have to download and make a purchase through the Burger King app in order to enter the contest. If app users are 18 or older and have a post-secondary student loan in their name, they are eligible to enter the Whopper Loans contest. Eligible customers can then enter the contest by submitting their email and the amount of their monthly student loan payment.
Burger King will hold drawings on May 31 and June 6. The grand prize winner will be announced on June 13.