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Would You Take Free Gas for Life, or $250K?

In Florida lottery, most prefer fuel, even though math doesn't work out

(Newser) - Florida lottery players have the chance to win "free gas for life," and if that sounds too good to be a second-place prize, it is. The weekly runners-up will get free, but not unlimited, fill-ups worth $2,600 per year—which is unlikely to add up to more...

McCain Offers $300M Prize in Assault on Car Batteries

Republican calls energy security 'the great national challenge of our time'

(Newser) - John McCain today offered a $300 million reward to the American who builds “a battery package that has the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars.” He said government had wasted energy money on special interests and failed to punish...

Prize Philanthropy: A Winning Concept

Donors make innovators compete for cash

(Newser) - When the X-Prize foundation offered $10 million to anyone who could develop a viable commercial spacecraft, it didn’t just send innovators scurrying, and it didn’t just grab headlines. It also began the next big trend in philanthropy. Donors are in love with prize philanthropy, Portfolio reports, and causes...

Google Offers $30M for Private Moon Missions

Tech giant bills contest as one small step for private industry

(Newser) - Google announced its own search today: It will award $30 million to private firms whose robotic spacecrafts successfully reach the moon and perform specific lunar tasks. The BBC reports that the search giant hopes to encourage low-cost space exploration. The first-place winner will receive $20 million, second place gets $5...

Stories 21 - 24 | << Prev