102. Prize-Linked Savings Accounts – unlike playing the lottery, everyone wins with a PLSA.  It’s an incentive program to encourage people to save money.

Depositors keep their principal and interest even if they don’t win.

Lucky winners also receive additional cash prizes of $10, $25, $100, or even as much as $5000 or more.

Several credit unions in the Detroit area participate in the “Save to Win” PLSA program.

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