Residents of Evanston, Illinois, have three days left to apply for a stimulus lottery program that will give a set number of applicants $500 a month.
As part of the Guaranteed Income Program, 150 applicants will be chosen from a lottery and then given a prepaid debit card that will have $500 loaded on it every month for a year, according to the city’s website.
Of the 150 applicants, 50 will be residents aged 18-24, 50 will be residents over the age of 64, and another 50 will be illegal immigrants. All applicants must have a household income at 250% or below the federal poverty line. The money can be spent however the winners like.
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“Once the money is in someone’s account, it’s no different than any other money from a job or elsewhere. People can spend it on food, fun, bills, or anything — whatever they need. They don’t need to pay it back either,” the website states.
The program is part of an experimental pilot study being conducted by researchers at Northwestern University. The logic behind the program is stated on the website as: “People know what they need best.”
The program is funded through money from the American Rescue Plan, Northwestern University, and the Evanston Community Foundation.
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Applications are available on the website in English, Spanish, Arabic, and Haitian Creole.
