Lotto 'Money' lures '21' scribe
Empty"21" scribe Peter Steinfeld will adapt the lottery scam memoir "Money for Nothing" for Warner Independent Pictures, Michael De Luca Prods. 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.
De Luca's Alissa Phillips and ME's Mark Ross will oversee the project for their companies. WIP creative executive Richard Gold will oversee for his studio.
Ugel's HarperCollins book, subtitled "One Man's Journey Through the Dark Side of Lottery Millions," was published in September.
The project is the latest collaboration for WIP and ME, which recently optioned Lori Gottlieb's Atlantic Monthly article "Marry Him: The Case for Settling for Mr. Good Enough" and obtained rights to her upcoming Dutton book based on the story, "Marry Him: Finding Mr. Real."
Steinfeld is repped by CAA.