Most people don’t enjoy the simple, boring act of putting money in a savings account. But we do love to play the lottery. So what if you combine the two, creating a new kind of savings account with a lottery payout?
Hey new Legislature, Let’s seriously look at a “no lose lottery” also known as “Prize linked savings accounts” (PLSA).
TBH – Rather than creating a savings account with a lottery payout, I prefer creating a lottery with a savings component. But that is just implementation details.
