The New Way to Save Money: Playing the Lottery

If done right, even unsubsidized, this could have the same expected return as a standard interest bearing savings account, but with with increased volitility.

Instead of giving a tiny amount of interest to everyone (proportional to their balance), you lump it together and select a few people to give it to (in either quantity or probability proportional to their balance). Right?

A disgusting reflection on the timelessness of human exploitation, updated to match the dreary reality of this modern Great Depression.

I was skeptic, but if it is run by non-profits and credit unions it doesn't sound that bad.

In the UK they've had a similar concept called Premium Bonds for over 50 years.