21 screenwriter Peter Steinfeld will adapt the lottery scam memoir Money for Nothing for Warner Independent Pictures, Michael De Luca Productions and Tobey Maguire’s Maguire Entertainment.
WIP optioned Edward Ugel’s wry take on his experiences talking lottery winners into taking lump-sum cash payments against their future earnings — and pocketing a good chunk of change for himself in the process.
Ugel’s HarperCollins book, subtitled “One Man’s Journey Through the Dark Side of Lottery Millions,” was published in September.