Publishers Clearing House (PCH), known for its iconic prize giveaways, has filed for bankruptcy, leaving many past winners without their promised payouts . The company, famous for its "forever" prizes, has seen its financial troubles culminate in this bankruptcy, turning winners' dreams into nightmares.

ARB Interactive, a mobile gaming company, has acquired the remaining assets of PCH. However, under the terms of the sales agreement, ARB Interactive will not honor payouts for those who won their life-changing prizes before July 15 of this year. This decision has left many winners, who were expecting ongoing financial support, in a difficult situation.

The bankruptcy marks the end of an era for PCH, which has been a staple in American households for decades , known for its surprise

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