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Lunch » Tags » Books » Reviews » Money for Nothing: One Man's Journey through the Dark Side of Lottery Millions

Money for Nothing: One Man's Journey through the Dark Side of Lottery Millions

1 rating: 3.0

A book by Edward Ugel

This is a tell all book about the largely unregulated but legal industry that sells money to lottery winners in exchange for a portion of their future lottery payments. Having worked in this industry for The Firm, as Ugel refers to his former employer, … see full wiki

Tags: Books, Nonfiction, Gaming And Lotteries, Lottery Winners

Author: Edward Ugel

Genre: Entertainment

Publisher: Harper Paperbacks

1 review about Money for Nothing: One Man's Journey through...

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The Dark Side of the Lottery

Jan 19, 2010

by objective1
posted in Cafe Libri: Reviewing Books & More

Rating:

Everyone's heard that old story about how most lottery winners go broke within a few years after winning millions. This book explains the whole twisted industry from the inside out.

The most interesting part is how the sales culture is as messed up as the lottery winners.

The cash flows like water for lottery winners and the people who buy out their annuity payments for cash.

Excellent casual read if you like exploring the underbelly of society from an insider's view. Rarely do we get to see the seedy side of an industry in this detail.

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