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PBS NEWSHOUR

Save to Win: A lottery where you can't lose

  • Aired: 11/23/2013
  • 08:33
  • Rating: NR
Credit unions in four states offer a lottery that gives savers the chance to win small monthly prizes or a yearly grand prize -- even if you don't win you get to keep the money you put in, plus interest. Supporters believe that linking savings to winning could particularly appeal to low and moderate income households, who have a harder time building assets.
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Save to Win: A lottery where you can't lose
Save to Win: A lottery where you can't lose
Prize-linked accounts give a chance to win cash while building savings and interest.
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