Peter Steinfeld (21) will adapt the lottery scam memoir Money for Nothing for Warner Independent Pictures, Michael De Luca Prods. and Tobey Maguire's Maguire Entertainment.

According to The Hollywood Reporter, 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.