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Slacker for life.
Apparently anyone can hold a drawing and lots of people do; stream accounts have to have at least $100 worth of games to make sure they're not secondary throw-away accounts and there is also have a point system. It's described as such:
"The point system is designed to prevent users from entering for every single giveaway. This lowers the overall number of entries, and provides everyone with better odds of winning games they're interested in playing. New users start out with 25P. Every time anyone submits a game, every member of the site, excluding the giveaway creator, receives 5 percent of that gifts value (in USD) in points...."
The max is 300. Thought you guys might be interested.