Modern game
In 1960 the Game of Life was introduced. A collaboration between Reuben Klamer and Stephen Withers, it consists of a track which passes along, over, and through small mountains, buildings, and other features. A player travels along the track in a small plastic automobile, according to the spins of a small wheel on the board with spaces numbered one through ten. Each car has six holes into which pegs are added as the player "gets married" and "acquires children". The modern game pegs are pink and blue to distinguish the sexes (blue for male, pink for female). Each player starts the game with one peg.
There is also a bank which includes money in $5,000, $10,000, $20,000, $50,000, and $100,000 bills; automobile, life, fire, and/or homeowners' insurance policies (depending on the version); $20,000 promissory notes and stock certificates. Other tangibles vary between versions of the game. $500 bills were dropped in the 1980s, as were $1,000 bills in 1992. The rules in all different modern versions of the game are generally the same, even though they may have different cards and spaces. The winner is the player who retires with the most money.
Hasbro acquired Milton Bradley Company in 1984 and continued developing the game. Markham's heirs sued Hasbro in 2015, claiming that he did not get proper credit or reward for developing it. In 2019, Judge William E. Smith ruled in favor of Hasbro, explaining that while developing a game is a collaborative effort, copyright law assigns the copyright only to one entity.[5]