123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Claim Unclaimed Lottery Before It’s Too Late

Profile Picture
By Author: Nicole Anderson
Total Articles: 82
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Unclaimed lottery wins have become a large source of unclaimed money sitting with the state treasuries. It is unbelievable that lottery winnings and jackpots can go unclaimed, but the fact is, every year dozens of hefty jackpots are left unclaimed. Unclaimed lottery winnings have been on the rise and in most of these cases, the efforts to locate the rightful owners of these lotteries have gone in vain.

Most of the states have enacted very practical and lenient laws regarding the claim of lottery winnings. A claim period of 1 year is demarcated for the unclaimed lottery process in states like Connecticut, New York, and New Jersey. Some other states have a validity time frame of three to six months. According to a USA Today survey, almost half a billion dollars of unclaimed lottery money was reported last year. Minnesota reported the expiration of a $1.5 million lottery ticket in January, while Oregon reported the expiration of $7.5 million lottery winning in June. Florida has announced that a $3 million worth lottery ticket is going to expire on Christmas Eve.

A ...
... few states have reported the actual volume of unclaimed lottery money:


In 2005 Illinois reported $14 million of unclaimed lottery winnings

In the same year, Indiana reported more than $5 million of unclaimed lottery tickets

The state of Massachusetts reported $4.6 million of unclaimed lottery money a few years earlier.

Connecticut has not had a winning ticket expire without a winner for nearly a decade. But in certain circles, any unclaimed prize is referred to as the Clarence Jackson Jr. jackpot. Mr. Jackson, three days late in turning in the winning $5.8 million ticket in 1996, never got a penny. Of the 1,100 jackpots Connecticut has doled out since the lottery began here in 1972, 11 have gone unclaimed. Between 2008 and 2009, Georgia reported almost $45 millions of unclaimed lottery money.

Many dailies and editors of major newspapers have debated the laws and norms for claiming the unclaimed lottery winnings, and have stressed on the fact that it should be more expansive and flexible and should be pro-lottery-players. Dawn Nettles, editor of The Lotto Report, a newsletter that covers lotteries, blames lottery practices for many of the unclaimed prizes. "It's so frustrating that I can hardly talk about it," she says. Computer scanning errors cost lottery players prizes, she says. A very glaring case of computer enabled lottery check was detected in Ohio in 2006. The computer failed to validate a $267 million winning ticket.

Toledo tax attorney, Mark Mockensturm, who represented the winner, confirms the story. "The computer system at the lottery office in Cleveland didn't read the encoded ink," he says. The ticket was validated in other ways. "The size of the jackpot caused a hiccup in the computer program," Ohio Lottery spokeswoman Marie Kilbane says. The software was fixed, and the ticket was paid. "All's well," she says.

Readily available for the public, and being one of the most popular pastimes of the American people, Lotteries or Lottos are many times governed by rules which are not known to the common man. It is highly recommended that the Lottery players understand the rules and the finer print, so that they don’t lose the opportunity of a life time.

Unclaimed lottery search has seen a spike in recent times and this point to the fact a greater number of Lottery players are in possession of tickets which have gone unclaimed. So, if you are regular lottery player, it is advisable to know the rules of lottery so that you don’t have to waste valuable time later on in locating the unclaimed lottery money.

Total Views: 431Word Count: 611See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Satellite Operations As A Service Market To Grow With A Cagr Of 13.3% From 2025 To 2031
Author: Lucintel LLC

2. Lucintel Forecasts The Global Satellite Operation As A Service Sale Market To Grow With A Cagr Of 13.5% From 2025 To 2031
Author: Lucintel LLC

3. Ticket Booking Api
Author: RishiHassan

4. Jewelry Photo Magic: Unveiling The Tricks Of Professional Editing
Author: ukclippingpath

5. How Outsourced Accounting Services Improve Cash Flow Visibility
Author: Harsh Vardhan

6. 5 Ways To Make Homes Safer For Seniors
Author: Jack Jones

7. اكتشفي أناقتك مع متجر عبايات: دليلك للتسوق المثالي
Author: Max

8. When Is Assisted Living Needed? 5 Signs To Watch Out For
Author: Jack Jones

9. How To Document Nonconformities In Iso 22000 Audits
Author: Jane

10. Elevate Your Career Opportunities With A Supply Chain Management Certification
Author: jayesh

11. Kpi Vs. Okr: Understanding The Difference For Smarter Goal Setting
Author: TrackHr App

12. Explore The Fascinating Businesses And Landmarks Found Along Luz Church Road
Author: jayesh

13. High Temperature Superconductors Market Size & Share, Analysis 2031
Author: Andy

14. Maximize Medical Practice Profits With Expert Revenue Cycle Management In Houston
Author: patriotmedbill

15. Enhancing Quality Of Life: The Role Of Senior Living Property Management Companies
Author: Trinity Diaz

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: