Jo-Ann Snyder and her husband Michael open the door for Publishers Clearing House at her home in Wilkes-Barre Township in 2018. Winners who had been promised lifetime prizes are losing those payments due to Publishers Clearing House's bankruptcy. Aimee Dilger/The Times Leader/AP
For nearly 60 years, Publishers Clearing House had been known for changing individuals’ lives, fulfilling their dreams with prize money it promised would keep coming for as long as they lived.
But now the company is in bankruptcy, and winners’ dreams have turned into nightmares. ARB Interactive, a mobile gaming company that bought PCH’s remaining assets, said that under the terms of the sales agreement it would not honor payouts for those who won their life-changing prizes before July 15th of this year.
Some w