A History of Prize-Linked Savings

Categories: GamificationPrize-Linked Savings

Commonwealth's innovation process has proven effective over the last 15 years in building solutions to help over a million Americans build more than $200MM in savings. As one of Commonwealth's most notable ideas to go through the innovation process, Prize-Linked Savings (PLS) serves as a case study for how the process generates solutions that improves the financial security and opportunity of financially vulnerable Americans.