inally, a third option would be for financial institutions to issue investment instruments that have lottery-like qualities (for example, offered in small amoun

inally, a third option would be for financial institutions to issue investment instruments that have lottery-like qualities (for example, offered in small amounts, available at many convenient points of purchase, provide a small chance of a large upside) but offer a positive rate of return, providing the pleasure of playing the lottery without the steep cost. In many other countries “prize bonds” or other savings instruments are available that pay lottery winnings in place of, or in addition to, regular interest. Regulations in the United States have stymied the development of such offerings. This sounds like a really good idea. I can imagine such a program creating savings for people who wouldn't otherwise save.