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More than $240 million unclaimed by lottery winners

Illinois LotteryIllinois Lottery: More than $240 million unclaimed by lottery winners
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In the past ten years, more than $240 million has gone unclaimed by winners of the Illinois Lottery.

State officials say lotto players often don't realize they've still won cash, even if they don't match every number.

More than $17 million is already unclaimed this year and officials say the problem is getting worse.

All unclaimed prize money now goes into a fund for the state's public schools.

Some lawmakers want to create online accounts to so people can buy lottery tickets and have their winnings deposited directly into those accounts.

But experts say there are hurdles that could thwart that plan, including a 1961 law that bars wire communications for instate gambling.

AP

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13 comments. Last comment 7 years ago by LckyLary.
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JAP69's avatar - 2526
South Carolina
United States
Member #6
November 4, 2001
8508 Posts
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Posted: October 16, 2007, 9:21 am - IP Logged

In the past ten years, more than $240 million has gone unclaimed by winners of the Illinois Lottery.

State officials say lotto players often don't realize they've still won cash, even if they don't match every number.

More than $17 million is already unclaimed this year and officials say the problem is getting worse.

All unclaimed prize money now goes into a fund for the state's public schools.

Some lawmakers want to create online accounts to so people can buy lottery tickets and have their winnings deposited directly into those accounts.

But experts say there are hurdles that could thwart that plan, including a 1961 law that bars wire communications for instate gambling.

Some lawmakers want to create online accounts to so people can buy lottery tickets and have their winnings deposited directly into those accounts.

 

I Agree!

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    justxploring's avatar - villiarna
    Wandering Aimlessly
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    November 5, 2005
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    Posted: October 16, 2007, 12:12 pm - IP Logged

    Some lawmakers want to create online accounts to so people can buy lottery tickets and have their winnings deposited directly into those accounts.

     

    I Agree!

    No No

    Totally disagree that this would be an advantage. What it does is seek out the lower prize winners who aren't claiming their winnings.  It's bad enough that players have to wait weeks to get their money after a big win and can't remain anonymous in most states. The only way a lottery prize can be deposited in a person's account is if he registers in a central database using his name, address and social security number.  So the last thing we need is more government in our lives and this would just allow them to track how often you play, where you play, etc. 

      Guest


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      Posted: October 16, 2007, 12:17 pm - IP Logged

      I think Illinois should hold a special drawing for that $240,000,000.They should announce that ALL online tickets for a specified game on a specfied date are also eligable for a special drawing to be held for unclaimed money.Everyone that buys a ticket is eligable for both jacpots (the regular game & the special drawing).That would add more excitement to the specified game causing more sales & raising the jackpot.

        justxploring's avatar - villiarna
        Wandering Aimlessly
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        Posted: October 16, 2007, 12:39 pm - IP Logged

        I think Illinois should hold a special drawing for that $240,000,000.They should announce that ALL online tickets for a specified game on a specfied date are also eligable for a special drawing to be held for unclaimed money.Everyone that buys a ticket is eligable for both jacpots (the regular game & the special drawing).That would add more excitement to the specified game causing more sales & raising the jackpot.

        I agree that this would be nice, Mike.  However, a state lottery can't just change a rule like that.  A new law would have to be introduced, voted on and passed.  At least this is my understanding but if I am wrong, perhaps someone else can correct me.  In Florida "Florida law requires that 80 percent of unclaimed prize funds from expired tickets be transferred directly to the Educational Enhancement Trust Fund. The remaining 20 percent is returned to the prize pool from which future prizes are awarded or used for special prize promotions." 

          Guest


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          Posted: October 16, 2007, 1:24 pm - IP Logged

          I agree that this would be nice, Mike.  However, a state lottery can't just change a rule like that.  A new law would have to be introduced, voted on and passed.  At least this is my understanding but if I am wrong, perhaps someone else can correct me.  In Florida "Florida law requires that 80 percent of unclaimed prize funds from expired tickets be transferred directly to the Educational Enhancement Trust Fund. The remaining 20 percent is returned to the prize pool from which future prizes are awarded or used for special prize promotions." 

          Thats the trouble with this world...too darn many rulesDisapprove

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            New Member
            Chicago
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            December 8, 2004
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            Posted: October 16, 2007, 2:58 pm - IP Logged

            Spoken like a true gambler. The state is doing the right thing by directing the money into the state school system for the betterment of our children. If you want to mortgage your future, then go right ahead, but don't do it at the expense of a child's education.

             

             

            The object of education is to prepare the young to educate themselves throughout their lives.

            Robert M. Hutchins


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              Posted: October 17, 2007, 2:00 am - IP Logged

              that's crazy people please check your tickets

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                chicago
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                February 10, 2004
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                Posted: October 17, 2007, 9:20 pm - IP Logged

                The lottery loves the fact people dont claim money.  Some of the scratch offs now have that sneaky bonus box that people forget to scratch. On one scratch off about 20% of the prize money is won in that little bonus box.  And the crossword games are also games that the lottery wins a lot of unclaimed money on.  As I am sure many people arent careful with those games.  And since Illinois doesnt have the code encrypted in the tickets it is easy to sometimes miss possible prizes. ( I personally enjoy the fact there is no code in the ticket, such as F-I-V) 

                  computerhead723's avatar - lightbulb
                  Buffalo
                  United States
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                  August 17, 2007
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                  Posted: October 18, 2007, 10:06 pm - IP Logged

                  The lottery loves the fact people dont claim money.  Some of the scratch offs now have that sneaky bonus box that people forget to scratch. On one scratch off about 20% of the prize money is won in that little bonus box.  And the crossword games are also games that the lottery wins a lot of unclaimed money on.  As I am sure many people arent careful with those games.  And since Illinois doesnt have the code encrypted in the tickets it is easy to sometimes miss possible prizes. ( I personally enjoy the fact there is no code in the ticket, such as F-I-V) 

                  so   how   are   the   tickets   validated  in  that   state ?????????///

                    computerhead723's avatar - lightbulb
                    Buffalo
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                    Posted: October 18, 2007, 10:12 pm - IP Logged

                    No No

                    Totally disagree that this would be an advantage. What it does is seek out the lower prize winners who aren't claiming their winnings.  It's bad enough that players have to wait weeks to get their money after a big win and can't remain anonymous in most states. The only way a lottery prize can be deposited in a person's account is if he registers in a central database using his name, address and social security number.  So the last thing we need is more government in our lives and this would just allow them to track how often you play, where you play, etc. 

                    Each   state   has  its   own  system  but  I  know  NY   has  a  computer  system  called  " player  tracking "  they  know   how  much   you  spend  ;what  you  played  and  how  many  others  accross  the   state  played   the   same   also ....thats   how  they  know   if   a  number  is   sold -out ;

                    777-1111-7777-222-333   and  1953  has  been   sold  out   for   4 years  by   7pm  ;Scared

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                      NY
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                      Posted: October 19, 2007, 3:05 am - IP Logged

                      Each   state   has  its   own  system  but  I  know  NY   has  a  computer  system  called  " player  tracking "  they  know   how  much   you  spend  ;what  you  played  and  how  many  others  accross  the   state  played   the   same   also ....thats   how  they  know   if   a  number  is   sold -out ;

                      777-1111-7777-222-333   and  1953  has  been   sold  out   for   4 years  by   7pm  ;Scared

                      You've misunderstood what justx was saying.  Unless you win a prize that's big enough to require a claim form, none of the states even know that you play the lottery. They obviously have plenty of data about how many tickets are sold for each game, what numbers are played, and so on, but none of that information is linked to the individuals who are buying the tickets. Even if you've had to claim a prize with a form, they still only know that you bought the tickets for which you notified them by filing the claim.

                      The online account that was suggested would mean that the lottery would have the data on each individual who chose to register and then buy their tickets that way. Every ticket you bought with the account would be a ticket that they knew was bought by you. Aside from any issues about  privacy, the information could potentially be used to collect income tax on wins that currently don't require a 1099.

                        computerhead723's avatar - lightbulb
                        Buffalo
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                        Posted: October 19, 2007, 5:36 pm - IP Logged

                        You've misunderstood what justx was saying.  Unless you win a prize that's big enough to require a claim form, none of the states even know that you play the lottery. They obviously have plenty of data about how many tickets are sold for each game, what numbers are played, and so on, but none of that information is linked to the individuals who are buying the tickets. Even if you've had to claim a prize with a form, they still only know that you bought the tickets for which you notified them by filing the claim.

                        The online account that was suggested would mean that the lottery would have the data on each individual who chose to register and then buy their tickets that way. Every ticket you bought with the account would be a ticket that they knew was bought by you. Aside from any issues about  privacy, the information could potentially be used to collect income tax on wins that currently don't require a 1099.

                        well  put........  I  see  the  light >>>>>>>...Sun Smiley

                        then  its  individuals  they  want  ....certain  people  wont  be   able  to  play , you'll   have  too   register  ....BIG   Brothers  Watching  You ;.....IN  Airports  they   see  through  your  cloughs ;

                        the  inspect  your  library  card  and  listen  to  your  phone  calls , and  Know  down  to  the  dollar  how  much  you  make  each  day   and  where  you  live  and  cabe   tv   can  record  your   television  habits  and  computers   keep  track  of  internet    sites ;

                        WHATS  LEFT ???????heck  in   some  states  they  monitor  the  number  of   flushes   on  your   toliet   for   water  consumtion ???????

                        DARN   GLAD I   NEVER   VOTE   REPUBLICAN !!!!

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                          January 23, 2005
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                          Posted: October 21, 2007, 8:46 am - IP Logged

                          they want people to have accounts for direct deposit..... What about SCRATCH-OFFS????? Those are probably a lot of the unclaimed money when people rush through and toss away winning scratch-offs. That's why some States have sight codes. Another is people buy them and forget they have them (happened to me once on a 5/5 I found 2 weeks later on a routine check). But really, President W. BUSH doesn't care about listening to you on the phone unless you happen to be calling to chat with loonie-bin over in Wackistan, and not caring about your library card unless you are a predator or came here illegally. And yes in Georgia they are monitoring the water meters because there are only 80 days left of water because the environmentalist wackos want the lake to send 1 billion gallons a day downstream to help the FISH!

                          Darn glad I do vote Republican.. Imagine what Silly Rotten Clinton would do! If she's <cringe> president, if you win you'll have to give 70% to the government! If she wins don't complain about your high taxes or having to see the Hillary Nut Cracker in every store window!