How the scratch off lottery changed America

Companies are getting billions of dollars back. How about us? It seems simple, right? We paid higher prices for imported goods because of tariffs. Then the tariffs were ruled illegal. Courts said the money paid to the U.S. government had to be refunded. Companies are getting that ...  Show more

Charles Ponzi was down on his luck. In 1919, the Italian immigrant had spent a decade and a half in the U.S. He was looking for a way to get rich and tried his hand at everything — including bookkeeping, sign painting, grocery clerk, dishwasher, and librarian.He caught a lucky br ...  Show more

Want to get rich quick? You're not alone. Right now, Americans spend over $100 billion, yes billion, every year on lottery tickets. Today on the show, in collaboration with Scratch and Win from WGBH, how the mafia, Sputnik, medical equipment, and the electoral college led to Amer ...  Show more

In May 1974, scratch cards went on sale for the first time in the US State of Massachusetts. Free giveaway and coupon games from stores had been commonplace across the USA during the 1950s and '60s – but players could easily cheat. The mathematician John Koza was hired to make th ...  Show more

Skip Montreux and Dez Morgan report on the economics of lotteries. How important is lottery revenue for governments? Why was the recent Powerball lottery in the US historic? Who gets the most benefit from lotteries? Listen in to learn the answers to these questions and more. Visi ...  Show more

Winning the lottery shouldn’t be a part of your financial plan- but why are we so enthralled by the idea of winning the lottery?! On average, Americans spend over $1,000 every year for the chance to strike it rich. That’s a lot of wasted money that could be going towards literal ...  Show more