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NY lawyer in lottery mystery travels to Iowa this week

Topic closed. 21 replies. Last post 5 years ago by jarasan.

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Coin Toss's avatar - shape barbed.jpg
Zeta Reticuli Star System
United States
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January 17, 2006
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Posted: January 17, 2012, 6:15 pm - IP Logged

Maybe the lawyer from NY was monitoring LP and picked up on the Jackpot Winners Protection Program idea!

Scared

Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

Lep

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

    sully16's avatar - sharan
    Ringleader
    Michigan
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    October 28, 2009
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    Posted: January 17, 2012, 6:24 pm - IP Logged

    I have a feeling this guy is going to get grilled LOL

    Did you exchange a walk on part in the war ?

    For a lead role in a cage?

     

                                                From Pink Floyd's " Wish you were here"


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      Posted: January 17, 2012, 6:32 pm - IP Logged

      I have a feeling this guy is going to get grilled LOL

      Medium well........ or burned???   Mad

        HaveABall's avatar - rocket

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        March 18, 2009
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        Posted: January 18, 2012, 10:44 am - IP Logged

        Maybe the lawyer from NY was monitoring LP and picked up on the Jackpot Winners Protection Program idea!

        Scared

        Yes, Coin Toss, that would be nifty ... maybe the jackpot winner's lawyer is psyched ... will be able to charge their client a lot more justifiably now, anyhow! Conehead

        Having several millions of dollars in my financial accounts means receiving several valuable services each day!

        Disney

          ttech10's avatar - blobdude
          Texas
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          June 5, 2010
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          Posted: January 19, 2012, 1:44 am - IP Logged

          Several times on this site I have read claims that lottery tickets are bearer instruments. Guess what? They are not!

          I have never read on any lottery corporation website or advertising claiming that lottery tickets are bearer instruments.

          The theft of lottery tickets is relatively easy and it has occured several times. When a large prize is claimed, one of the first objectives of the lottery corporation is to determine if the ticket has been stolen.

          Sorry, but it says they are bearer instruments on the tickets themselves and the state lottery sites. There have even been cases already where the state flat out said someone gets the money because they turned in the ticket.

          http://www.lotterypost.com/news/123795

          That article has a man pulling a lottery ticket out of the trash and having full rights to the money, even after the person who bought the ticket challenged ownership.

           

          http://blog.chron.com/newswatch/2011/05/man-sues-texas-lottery-commission-after-being-cheated-out-of-ticket/

          That's an article about the popular Willis Willis guy which includes this tidbit: "lottery officials are not responsible for lost or stolen tickets."

           

          Anyways, I think this whole situation is just wasteful of money. Only the conspiracy theorists are out there thinking that the lottery officials are scamming everyone and trying to hide that fact. The only result of this, other than useless spending, will be that these people get their winnings a little later than they would have (though since they already waited a ridiculous amount of time it doesn't seem they are bothered by that).

            Avatar
            NY
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            October 16, 2005
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            Posted: January 20, 2012, 4:20 am - IP Logged

            Sorry, but it says they are bearer instruments on the tickets themselves and the state lottery sites. There have even been cases already where the state flat out said someone gets the money because they turned in the ticket.

            http://www.lotterypost.com/news/123795

            That article has a man pulling a lottery ticket out of the trash and having full rights to the money, even after the person who bought the ticket challenged ownership.

             

            http://blog.chron.com/newswatch/2011/05/man-sues-texas-lottery-commission-after-being-cheated-out-of-ticket/

            That's an article about the popular Willis Willis guy which includes this tidbit: "lottery officials are not responsible for lost or stolen tickets."

             

            Anyways, I think this whole situation is just wasteful of money. Only the conspiracy theorists are out there thinking that the lottery officials are scamming everyone and trying to hide that fact. The only result of this, other than useless spending, will be that these people get their winnings a little later than they would have (though since they already waited a ridiculous amount of time it doesn't seem they are bothered by that).

            Even if it didn't say anything on the back lottery tickets would be bearer instruments until they were somehow registered to the owner, which can be done by signing the back. Despite the rampant misunderstanding of what it means, a bearer instrument is simply a financial instrument that the owner doesn't have to register. That's in contrast to registered instruments, where the owner is registered as the owner. cash is also a bearer instrument, but most people understand that their cash doesn't belong to somebody else simply because that person manages to get possession of it.

            In the first case somebody claimed they were the rightful owner of the ticket and filed a lawsuit before the lottery paid the prize. That  person died before it was resolved and his heirs settled with the finder. The lottery only paid the money after the case was settled.

            In the Willis case the lottery had already paid the money to the person who stole the ticket before the rightful owner surfaced. The lottery had no obligation to reimburse him because they paid the ticket in good faith, and no longer had the money he was entitled to. It was no different than if the thief had stolen his wallet and bought something with the money that was in it. The seller wouldn't have to return the money. It would still be the thief who is responsible for reimbursing him.

              jarasan's avatar - new patrick.gif
              Harbinger
              D.C./MD.
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              Posted: January 20, 2012, 8:34 am - IP Logged

              Several times on this site I have read claims that lottery tickets are bearer instruments. Guess what? They are not!

              I have never read on any lottery corporation website or advertising claiming that lottery tickets are bearer instruments.

              The theft of lottery tickets is relatively easy and it has occured several times. When a large prize is claimed, one of the first objectives of the lottery corporation is to determine if the ticket has been stolen.

              Yeah they are.  They are bearer instruments.  What I think happens is this:  as the prize gets larger,   the lotterys' agency own rules become less relevant to the lottery and it becomes more of a STATIST tax revenue collection agency organization.  Think about it.....................what if there was no lottery????????????????  Where would those billions of dollars come from?????????????????  It has been called the low income people tax authority.  They have no problem paying the little ones under $600  but when it gets over that watch out biachies.

              Bearer instrument