A few interesting notes from the December issue of Money Magazine.
The editor's column suggests an alternate way of managing the lottery:
"Enter the prize-linked savings account. The idea: You place money with a private of government institution,and in exchange for a slightly lower interest rate, you're entered into a lottery that could make you a lot. You get the entertainment value of dreaming about a big score while still saving." (p. 11)
Sounds like a great idea to me.
the first student loan ombudsman at the federal Consumer Financial Protection Bureau, Rohit Chopra, is a Wharton grad (p. 80).