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The rise and fall of Publishers Clearing House

The rise and fall of Publishers Clearing House

Update: 2025-11-102
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Today's story: Publishers Clearing House made its name by offering magazine subscriptions through the mail—along with the chance to win big prizes. The lure of big winnings helped the company sell millions of subscriptions. Some winners received $5,000 a week for life. But the company recently declared bankruptcy, and the "lifetime" payments stopped.

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The rise and fall of Publishers Clearing House

The rise and fall of Publishers Clearing House