Today we will discuss the morality of prize-linked savings (PLS). What is PLS? It is the idea that you put money in a bank account and that instead of earning interest on that money, you join a lottery pool that is paid out with that interest. So, in theory you could put $100 in the [...]

Is it wrong to play the lottery with your savings? is a post from: The Millennial Star

Continue reading at the original source →