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They Won Millions for Life. Until They Didn't.

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Manage episode 512034864 series 2518362
Content provided by The Wall Street Journal and Spotify Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal and Spotify Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In 2021, Tamar Veatch won millions of dollars in a sweepstakes competition run by Publishers Clearing House, the company best known for delivering oversized checks to winners. But then last April, Publishers Clearing House went bankrupt. WSJ’s Akiko Matsuda explains why the company went under, and what it means for winners like Tamar. Jessica Mendoza hosts.

Further Listening:
- How ‘The Joker’ Rigged the Texas Lottery
- How Parlays Became the Biggest Bet in Sports

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1608 episodes

Artwork
iconShare
 
Manage episode 512034864 series 2518362
Content provided by The Wall Street Journal and Spotify Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal and Spotify Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In 2021, Tamar Veatch won millions of dollars in a sweepstakes competition run by Publishers Clearing House, the company best known for delivering oversized checks to winners. But then last April, Publishers Clearing House went bankrupt. WSJ’s Akiko Matsuda explains why the company went under, and what it means for winners like Tamar. Jessica Mendoza hosts.

Further Listening:
- How ‘The Joker’ Rigged the Texas Lottery
- How Parlays Became the Biggest Bet in Sports

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1608 episodes

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