In 2021, <a href="https://www.wsj.com/articles/a-disabled-veteran-was-getting-publishers-clearing-house-prize-money-then-the-company-went-bust-3806b8e5?mod=WSJ_TJPOD">Tamar Veatch won millions of dollars in a sweepstakes competition</a> run by Publishers Clearing House, the company best known for delivering oversized checks to winners. But then last April, <a href="https://www.wsj.com/articles/sweepstakes-companypublishers-clearing-house-files-for-bankruptcy-20f220a0?mod=WSJ_TJPOD">Publishers Clearing House went bankrupt</a>. WSJ’s <a href="https://www.wsj.com/news/author/akiko-matsuda?mod=WSJ_TJPOD">Akiko Matsuda</a> explains why the company went under, and what it means for winners like Tamar. <a href="https://www.wsj.com/news/author/jessica-mendoza?gaa_at=eafs&gaa_n=ASWzDAgAO6FJOfQJHclw3TJy6ngY4Zy9fEdY5vYCA8qcOxDGUrtSvzorkbpv1K2O-Ak%3D&gaa_ts=68e519f5&gaa_sig=MB22VAuVKdFAiex8qp4pb54KuPXHwhpqMt546SQFy6dJR-rzbrmWsthcYRN4Sj72Mi1fcXOYLJjNqffaZuRLRg%3D%3D?mod=WSJ_TJPOD">Jessica Mendoza</a> hosts.
Further Listening: - <a href="https://open.spotify.com/episode/0j9EQX4IPFcTDLfSmybU2Q">How ‘The Joker’ Rigged the Texas Lottery</a>- <a href="https://open.spotify.com/episode/0YogSP44SKlyVlDsEKBY8E">How Parlays Became the Biggest Bet in Sports</a>
Sign up for WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_TJPOD">What’s News newsletter</a>.
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