You last visited September 5, 2008, 3:15 am
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Winning lottery ticket saved from shredder
Atlantic Mine, Michigan United States Member #417 June 23, 2002 1517 Posts Offline |
| Posted: March 12, 2008, 12:57 pm - IP Logged |
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If you have a dollar bill in your car, it doesn't expire. Why should a lottery ticket? If you put $1,000 in a savings account and forget about it, it doesn't become the property of the bank. I understand they want to reinvest/redistribute the money, but every state should allow a player at least a year to claim his prize. In Florida you only have 6 months. I wonder how many more people would come forward if they had 5 years? I'm not convinced it would make a difference, but I have no idea how many people find winning tickets when it's too late. (That would be terrible!! I'd rather not know.)
Still, I agree that every player should check his tickets as soon as possible after the drawing. Rules are rules. Actually if you leave $1,000 in a bank account and forget about it, it does become property of the state the bank resides in. The state becomes the custodian of it until the actual owner or their heirs come forward...that is why most states have unclaimed property sections on their website. Just FYI.
Brad
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Sunny SW Florida United States Member #25708 November 5, 2005 4068 Posts Offline |
| Posted: March 12, 2008, 1:51 pm - IP Logged |
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Actually if you leave $1,000 in a bank account and forget about it, it does become property of the state the bank resides in. The state becomes the custodian of it until the actual owner or their heirs come forward...that is why most states have unclaimed property sections on their website. Just FYI.
Brad Thanks, Bradley. But I think we are talking about 2 different things here. I don't work in a bank, but I know a person can leave money in an account for a very long time and do nothing. Let's say you have a 24 month CD and never touch it, when it matures it will automatically renew for another 2 years at the current interest rate. States don't just take over your bank account unless the people are missing for a very long time with no forwarding address. If you die, your property might go to probate if there are no beneficiaries listed.
By using "forget about it" I meant, do nothing with it. I suppose I was going off topic a little, since I was thinking about FL, since we only hve 6 months to claim a lottery ticket. I was just saying that money in a bank doesn't "expire." Even if someone moves and leaves his property behind and it become the property of the state, he would still be able to claim it by proving rightful ownership. If someone finds an expired ticket, nothing he/she does matters.
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New Member Las Vegas Nevada United States Member #59829 March 13, 2008 4 Posts Offline |
| Posted: March 13, 2008, 1:20 pm - IP Logged |
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Hi I have not been able to play PowerBall in 8 years since moving to Las Vegas Nevada. Is there a way to buy a ticket or TICKETS online? If not, Where would I purchase a ticket? They do not sell PowerBall here in Mob town USA lol Thanks crystalleigh
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S.E.Iowa United States Member #59008 February 18, 2008 247 Posts Offline |
| Posted: March 13, 2008, 5:29 pm - IP Logged |
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check under thelino
Whats a lino? Darned if I know...the Queens english is like a foriegn language.
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South Carolina United States Member #6 November 4, 2001 5889 Posts Offline |
| Posted: March 13, 2008, 8:52 pm - IP Logged |
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You are absolutely right about the linoleum.
I had to go look for an Australian slang dictionary as the excitement of the question was killing me. 
Have a fun day in the dictionary.
http://www.aussieslang.com/
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United States Member #24723 October 21, 2005 593 Posts Offline |
| Posted: March 14, 2008, 1:23 am - IP Logged |
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Good thing the ticket's value had a long life and had not expired! Close!
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United States Member #15415 May 10, 2005 228 Posts Offline |
| Posted: March 15, 2008, 1:43 pm - IP Logged |
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Congrats to the winner! for not shredding his unchecked tickets. I like that the ticket was still good after the years. I wish all states here gave at least a year!
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