A genius plan to trick people into saving
Some Michigan credit unions came up with a clever way to get people to save: a lottery! But rather than taking all your money like a normal lottery, you enter this lottery by buying a Certificate of Deposity (i.e. saving money) for a chance at earning more money. It's already lead to $3.1 million in new deposits
More info over on The Consumerist article
More info over on The Consumerist article
August 7, 2009 at 5:30 PM
Dang, what a great idea! I have one lotto-related idea but I need millions in venture capital :( top