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

Name: Save to Win: A lottery where you can't lose
Uploaded: 2013-11-23T17:26:04Z
Duration: P513S
Description: 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.

Clip: 11/23/2013 | 8m 33s

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.

Aired: 11/23/13

Rating: NR

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Major corporate funding for the PBS NewsHour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer …

Major corporate funding for the PBS NewsHour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and American Cruise Lines. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.

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

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