Publishers Clearing House bankruptcy leaves lifetime winners without payments

5 pointsposted 11 hours ago
by bhouston

3 Comments

bhouston

11 hours ago

I originally read about it here but this article is paywalled:

https://www.nytimes.com/2025/09/12/business/pch-sweepstakes-...

Even after the assets of PCH were acquired it doesn’t include its liabilities. So these lifetime winners are completely out of luck.

JoeAltmaier

10 hours ago

What a strange deal - you can buy the assets of a company but not the liabilities? What oligarch invented that insantity.