In 2021, Tamar Veatch won millions of dollars in a sweepstakes competition run by Publishers Clearing House, the company best known for delivering oversized checks to winners. But then last April, Publishers Clearing House went bankrupt. WSJ’s Akiko Matsuda explains why the company went under, and what it means for winners like Tamar. Jessica Mendoza hosts. Further Listening: - How ‘The Joker’ Rigged the Texas Lottery- How Parlays Became the Biggest Bet in Sports Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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