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Iowa Lottery to give away millions from jackpot mystery

Iowa LotteryIowa Lottery: Iowa Lottery to give away millions from jackpot mystery

Share of expired Powerball jackpot sold in Georgia also to be given away

IOWA CITY, Iowa — A secret winner's loss will be some lucky Iowans' gain.

The Iowa Lottery announced plans Friday to give away $2 million in cash prizes, including a $1 million prize at the Iowa State Fair, with the state's share of a leftover jackpot that went unpaid after a New York lawyer refused to explain how he ended up with the winning ticket.

"We're going to see if we can have better luck the second time around," Iowa Lottery CEO Terry Rich said in a statement, calling the unexpected windfall a "summer bonus" for the state's Lottery players.

The Iowa Division of Criminal Investigation and the Iowa Attorney General's office continue to look into whether any crimes were committed in the attempt by New York attorney Crawford Shaw to claim the prize on behalf of a trust. Shaw's lawyers shocked lottery officials when they showed up with the winning ticket two hours before the prize would have expired on Dec. 29, the one-year anniversary of the Hot Lotto prize drawing.

The ticket was indeed the winner, but Lottery officials said Shaw refused in the following weeks to explain who purchased it at a Des Moines gas station and who would receive the payout. Through his lawyers, Shaw said he was representing an attorney for a person who purchased the ticket and wished to remain anonymous. During a meeting with Lottery officials, he said the trust's proceeds would go to a corporation based in Belize, a country known as a tax haven.

Shaw ultimately withdrew his claim last month after Lottery officials said they would not pay the money unless he answered their questions.

In a brief telephone interview Friday, Shaw declined to elaborate on his withdrawal and claimed he had explained everything to the lottery. "The matter has been resolved as far as I'm concerned. I wish everybody good luck," said Shaw, a 76-year-old Yale graduate who has faced allegations of fraud in business dealings in lawsuits in Texas and Delaware.

Details are still being worked out, but lottery officials said the promotion will start in July for players who buy Hot Lotto and Powerball tickets and enter through the Lottery's website. It will culminate with a drawing for the $1 million prize in August at the state fair in Des Moines — a competition that will also probably be open to fairgoers in the crowd and retailers who sell lottery tickets. Smaller cash prizes will also be given away.

Lottery officials said the $2 million giveaway would be funded with the state's $1.4 million share of the leftover Hot Lotto jackpot plus its $600,000 share of an unclaimed $77 million Powerball jackpot sold in Georgia that expired in December. States who participate in those games were given back the proceeds of the tickets sold within their borders when the jackpots weren't claimed.

Lottery spokeswoman Mary Neubauer said the agency was happy to plan the promotion after weeks of intrigue, stress and worldwide publicity related to the mystery. She said employees joked internally about using the money to pay for a trip to Belize, "but we thought that might not be in the best taste."

She said Iowa law requires unclaimed prizes to go back to players for prizes instead of other potential uses, such as funding state government. But she said the $2 million promotion was by far the largest in its history since it was so unusual to have two large jackpots go unclaimed at once.

"We wanted to make this announcement now because everyone has been asking us about this: 'What is going to happen with that money? Where is it going to go?'" she said. "This whole situation has been so unusual, we might as well have some fun with it."

Thanks to Doug for the tip.

AP

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23 comments. Last comment 5 years ago by LottoGuyBC.
Page 1 of 2
mightwin's avatar - questns

United States
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January 5, 2011
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Posted: February 26, 2012, 9:06 am - IP Logged

They have a law that says unclaimed prizes must go back to lottery players as prizes........that makes too much sense. As soon as this story gets bigger I'm sure theres gonna be some politician there wanting to change that......lol

    sully16's avatar - sharan
    Ringleader
    Michigan
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    Posted: February 26, 2012, 9:26 am - IP Logged

    Good luck.

    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"


      United States
      Member #111442
      May 25, 2011
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      Posted: February 26, 2012, 9:48 am - IP Logged

      This whole secret winner nail biter drama needs to be made into a movie. As the NY attorney Crawford Shaw, he should be cast by    Conehead

      (have to dig him up first), Bernie Madoff. The Super Lottery Top Cop bogle should be portrayed by Steven Seagal.     Cool


        Bahamas
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        August 5, 2011
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        Posted: February 26, 2012, 9:49 am - IP Logged

        They have a law that says unclaimed prizes must go back to lottery players as prizes........that makes too much sense. As soon as this story gets bigger I'm sure theres gonna be some politician there wanting to change that......lol

        Other states should follow suit!

        "Freedom of Speech? Keep reading and you will discover that freedom comes at a price!"

          maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
          Massachusetts
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          Posted: February 26, 2012, 9:58 am - IP Logged

          Iowa gets its share of a $77M powerball jackpot that went unclaimed in Georgia of only $600,000?

          Using a website that tracks the powerball sales by state I can add up to about $2.6M in powerball sales by the Iowa lottery

          leading to the unclaimed $77M jackpot being won. Unless Iowa lottery is engaged in some funny math or some weird rules of dividing

          up the unclaimed jp that I am unaware of, I think Iowans are being decieved.

          I wonder what Massachusetts lottery plans to do with about $2.5M it should have recieved from the unclaimed jackpot. A give away? come on now stop

          playing, this is Massachusetts haha


            United States
            Member #111442
            May 25, 2011
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            Posted: February 26, 2012, 10:06 am - IP Logged

            Iowa gets its share of a $77M powerball jackpot that went unclaimed in Georgia of only $600,000?

            Using a website that tracks the powerball sales by state I can add up to about $2.6M in powerball sales by the Iowa lottery

            leading to the unclaimed $77M jackpot being won. Unless Iowa lottery is engaged in some funny math or some weird rules of dividing

            up the unclaimed jp that I am unaware of, I think Iowans are being decieved.

            I wonder what Massachusetts lottery plans to do with about $2.5M it should have recieved from the unclaimed jackpot. A give away? come on now stop

            playing, this is Massachusetts haha

            I may be wrong, but I believe that every participating state (MUSL), gets a percentage only of the gross lottery ticket sales. Millions need to earmarked

            for lottery overhead to run the nationwide machine of printing tickets, advertising, paying lottery officials and employees. So that $2.6 million share for

            Iowa  may be correct, but then you have to back out those calculated expenses. Just my theory. Anyone out there work for the lottery.  What?

              dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
              Oklahoma
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              Member #82391
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              Posted: February 26, 2012, 10:18 am - IP Logged

              Glad the people of Iowa get a second chance.....................

                maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
                Massachusetts
                United States
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                April 14, 2006
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                Posted: February 26, 2012, 10:29 am - IP Logged

                I may be wrong, but I believe that every participating state (MUSL), gets a percentage only of the gross lottery ticket sales. Millions need to earmarked

                for lottery overhead to run the nationwide machine of printing tickets, advertising, paying lottery officials and employees. So that $2.6 million share for

                Iowa  may be correct, but then you have to back out those calculated expenses. Just my theory. Anyone out there work for the lottery.  What?

                You're right on the expenses but remember these lottery commissions are very efficient. On a revenue of about $2.6M their overheads should not be $2M. I mean most of them claim that for every $1 spent, about .60 cents goes back to the players as prizes. I'm not an expert, just thinking out loud Big Smile

                That money's gone fo ever


                  United States
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                  Posted: February 26, 2012, 10:47 am - IP Logged

                  You're right on the expenses but remember these lottery commissions are very efficient. On a revenue of about $2.6M their overheads should not be $2M. I mean most of them claim that for every $1 spent, about .60 cents goes back to the players as prizes. I'm not an expert, just thinking out loud Big Smile

                  Yeah I agree, it doe's seem like a very excessive amount to be taken out! ($2 million!)

                  There must be some other explanation? Maybe there is some undeclared "skimming" going on.?   Roll Eyes

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                    Orlando, FL
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                    Posted: February 26, 2012, 10:48 am - IP Logged

                    Scared Florida has no law to give money back  to playersSad Wavey


                      United States
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                      Posted: February 26, 2012, 10:51 am - IP Logged

                      Scared Florida has no law to give money back  to playersSad Wavey

                      They must have some very smart and greedy politicians!   Smash

                        time*treat's avatar - radar

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                        Posted: February 26, 2012, 10:53 am - IP Logged

                        State Fair gonna be very popular this year.

                        In neo-conned Amerika, bank robs you.
                        Alcohol, Tobacco, and Firearms should be the name of a convenience store, not a govnoment agency.

                          Avatar
                          NY
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                          Posted: February 26, 2012, 2:43 pm - IP Logged

                          You're right on the expenses but remember these lottery commissions are very efficient. On a revenue of about $2.6M their overheads should not be $2M. I mean most of them claim that for every $1 spent, about .60 cents goes back to the players as prizes. I'm not an expert, just thinking out loud Big Smile

                          For starters, I think you got the numbrs wrong.  According to lottoreport, sales were a hair shy of $2 million. About 32 cents of each dollar went to the jackpot, so that would put Iowa's share at about $635,000.

                          That's pretty close for what was probably announced as "six hundred thousand" or "about six hundred thousand". It's also a pretty safe bet that their share of the unclaimed hotlotto prize wasn't exactly $1.4 million, and that the total they award in extra prizes won't  be $2.000 million.

                            savagegoose's avatar - ProfilePho
                            adelaide sa
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                            Posted: February 26, 2012, 4:22 pm - IP Logged

                            i think the law states, " any left over cash form unclaimed prizes... "  how did we know that  once the cash is held by the GOV there is no left overs.

                            2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                            keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297