Welcome Guest
Log In | Register )
You last visited July 4, 2020, 6:45 am
All times shown are
Eastern Time (GMT-5:00)

SC officials getting nervous that $1.5 billion Mega Millions winner won't claim prize

Jan 23, 2019, 10:36 am

Share this news story on Facebook
Tweet this news story on Twitter
Mega MillionsMega Millions: SC officials getting nervous that $1.5 billion Mega Millions winner won't claim prizeRating:

COLUMBIA, S.C. — Here's how a big money winner could end up being a bit of a money loser for South Carolina.

If in a few weeks no one claims a lottery ticket worth $1.5 billion sold in the Upstate, Palmetto State lawmakers may have less money to spend in the coming fiscal year.

The state expects to collect $61 million in income taxes as its share of the Mega Millions jackpot if the winner opts to take the money as a lump sum. 

The winner still has three months to turn over the ticket to state lottery officials and become instantly mega rich. But three months have gone by with no word from whoever bought the winning ticket at a convenience store in Simpsonville.   

"We're starting to get nervous about whether that $61 million is realistic," Frank Rainwater, director of the state Revenue and Fiscal Affairs Office, told legislators during a briefing on state revenue estimates Tuesday. 

If no one surfaces before the state's economic advisers meet in the middle of next month, they will consider reducing projected surpluses so legislators don't count on an iffy $61 million when they craft their budget proposals for the fiscal year starting July 1.

Currently, the $61 million is part of a half-billion dollars in projected surpluses meant for one-time expenses.

That $61 million could cover agencies' requests for new voting machines or new school textbooks or prison cell door upgrades.

South Carolina's grace period for collecting lottery wins is 180 days following the drawing. Because the drawing in this case occurred on October 23, 2018, that would make the deadline for claiming the unprecedented prize April 21, 2019.

If the winner doesn't surface before the 180-day deadline, the state will still collect a portion — though much less — as the entire pot will be divided among all states participating in the Mega Millions contest, based on each state's percentage of total sales, Rainwater said.

That would put about $11 million into South Carolina's unclaimed prizes fund, which legislators can spend as lottery profits, limited to college scholarships and other education expenses. 

A spokeswoman for the S.C. Education Lottery did not return a voice message Tuesday.

The identity of the winner of the nation's second-largest lottery jackpot might never be known, even if he or she does contact lottery officials before the deadline. South Carolina is among a handful of states that allows lottery winners to remain anonymous.

Post and Courier

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

52 comments. Last comment 1 year ago by brees2012.
Page 1 of 4
Avatar
Simpsonville
United States
Member #163184
January 22, 2015
2198 Posts
Offline
Posted: January 23, 2019, 10:47 am - IP Logged

If it has been Simpsonville, KY not SC I would have claimed it in 2019.

Give it a break, SCL...still almost three months to go.

A strange feeling does come that this won't be claimed. 

I know it would never ever happen in my wildest dreams, but wouldn't it be something if they just put it in the MM jackpot all @ once?  Could you just imagine the frenzy then?  LOL

    Avatar

    Zimbabwe
    Member #21
    December 7, 2001
    4530 Posts
    Offline
    Posted: January 23, 2019, 11:54 am - IP Logged

    If this were our $1.5+ Billion jackpot, we'd be taking our time to collect, too.

    .

      CDanaT's avatar - Nolz june15.jpg
      Central TN
      United States
      Member #121189
      January 4, 2012
      4593 Posts
      Offline
      Posted: January 23, 2019, 11:55 am - IP Logged

      April 21st deadline hunh ? Let's seeeeeeeee....That is Easter Sunday...and roughly 88 days away. Wonder if they are strict and say by close of business on Friday(19th) or the option for Monday(a day late)......Not my horse,not my stall to clean out.

      Guess you legislators better just consider that one(if the winner comes forward at all ) for a late hurricane fund.... But at least you're slurping up the interest on all that cash for another possible 12+ weeks. I am sure you can have an alternative back-up budget plan if the winner comes forward. I have never heard of a government that doesn't know how to spend $$ if they have a sudden influx of it. Good grief, what would you do if this current PB got up that high by March, another SC resident won and didn't claim it until mid July ?

      Integrity: There is just no substitute.

        dpoly1's avatar - driver
        PA
        United States
        Member #66139
        October 16, 2008
        1984 Posts
        Offline
        Posted: January 23, 2019, 12:10 pm - IP Logged

        Why play? Unhappy

        dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

         

        Eschew Poverty ........... Vote Conservative!


          United States
          Member #195081
          January 9, 2019
          190 Posts
          Offline
          Posted: January 23, 2019, 12:32 pm - IP Logged

          They are worried about their $61 million lol
          While the winners hundreds of millions at stake

            Avatar
            Chasing $ Millions.
            White Shores- California
            United States
            Member #136473
            December 12, 2012
            6206 Posts
            Offline
            Posted: January 23, 2019, 12:50 pm - IP Logged

            l have no idea why they are nervous? The rules at the back of every MM & PB ticket out here States “ Winner has up to a year to claim.” If the winner is in no hurry, what’s their problem? Balance your books without factoring in what you assume should be.

            I bet if they knew the phone # of the winner, they would be harassing the individual to please come forward “ we need that cash for the schools & new prison doors to keep those criminals off the streets & away from YOU.”

             * Voice of Reason *   

             

            People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

              music*'s avatar - DiscoBallGlowing
              Fresno, California
              United States
              Member #157851
              August 2, 2014
              3856 Posts
              Offline
              Posted: January 23, 2019, 1:14 pm - IP Logged

              I find it impolite for the winner not to contact the Lottery Officials. At least have a financial adviser do the same. Maybe even a lawyer or attorney. 

               Players who purchased tickets at the store are double-checking their tickets.

               The largest amount never claimed was $70.2 million in a Power Ball ticket 2002. I think it was in Indiana. This record amount will change that if not claimed. 

              Coffee

              When will COVID-19 be finished?  A vaccine may protect all of us.

                music*'s avatar - DiscoBallGlowing
                Fresno, California
                United States
                Member #157851
                August 2, 2014
                3856 Posts
                Offline
                Posted: January 23, 2019, 1:40 pm - IP Logged

                Here is another guess. The winner is a teenager 18 or 19 years old. They are following the advice found here on LP and getting a team together. An attorney, lawyer, Certified Financial Planner, and a Certified Public Accountant CPA. 

                 We may never know. Confused

                When will COVID-19 be finished?  A vaccine may protect all of us.

                  KY Floyd's avatar - lysol avatar.jpg
                  NY
                  United States
                  Member #23834
                  October 16, 2005
                  4246 Posts
                  Offline
                  Posted: January 23, 2019, 1:51 pm - IP Logged

                  "Give it a break, SCL"

                  This has nothing to do with the lottery. This just the logical result of somebody a bit smarter than Clark Griswold waiting until they actually get their bonus before making commitments about how to spend it. The deadline for the winner is still 3 months away, but the finance people have a deadline that's only 3 weeks away and they're just being cautious enough to not count unhatched chickens.

                    Avatar
                    Chasing $ Millions.
                    White Shores- California
                    United States
                    Member #136473
                    December 12, 2012
                    6206 Posts
                    Offline
                    Posted: January 23, 2019, 2:10 pm - IP Logged

                    I find it impolite for the winner not to contact the Lottery Officials. At least have a financial adviser do the same. Maybe even a lawyer or attorney. 

                     Players who purchased tickets at the store are double-checking their tickets.

                     The largest amount never claimed was $70.2 million in a Power Ball ticket 2002. I think it was in Indiana. This record amount will change that if not claimed. 

                    Coffee

                    ” You find it impolite to not contact the lottery- why music?” If the winner want to take their sweet time, then why not? It’s not as though they overstayed the checkout time in a hotel, they entitled to do what they deem necessary. Do you recall back in Aug 2012, the California Lottery swooped down on a convenient store in Fremont less than 45 days after a MM winner had not showed up to claim their millions. They, the lottery, took it upon themselves to put the footage of the winner on tv with the caption “ please show up and collect your millions.” They got an earful from the public, saying that their actions endangered the winner. They have since stopped that practice. So S.C. can just wait- imho.

                     * Voice of Reason *   

                     

                    People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                      Avatar
                      Kentucky
                      United States
                      Member #32651
                      February 14, 2006
                      8923 Posts
                      Offline
                      Posted: January 23, 2019, 2:24 pm - IP Logged

                      ” You find it impolite to not contact the lottery- why music?” If the winner want to take their sweet time, then why not? It’s not as though they overstayed the checkout time in a hotel, they entitled to do what they deem necessary. Do you recall back in Aug 2012, the California Lottery swooped down on a convenient store in Fremont less than 45 days after a MM winner had not showed up to claim their millions. They, the lottery, took it upon themselves to put the footage of the winner on tv with the caption “ please show up and collect your millions.” They got an earful from the public, saying that their actions endangered the winner. They have since stopped that practice. So S.C. can just wait- imho.

                      Contacting the lottery is like an "unwritten" basketball rule; no harm, no foul. Or like the "unwritten" no call football rule when your team is winning. Does the lotteries need to find the winner outweigh the winner's privacy?

                        Avatar
                        Chasing $ Millions.
                        White Shores- California
                        United States
                        Member #136473
                        December 12, 2012
                        6206 Posts
                        Offline
                        Posted: January 23, 2019, 2:42 pm - IP Logged

                        Contacting the lottery is like an "unwritten" basketball rule; no harm, no foul. Or like the "unwritten" no call football rule when your team is winning. Does the lotteries need to find the winner outweigh the winner's privacy?

                        Exactly!

                         * Voice of Reason *   

                         

                        People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                          oate's avatar - AS5hcja

                          United States
                          Member #193172
                          October 22, 2018
                          491 Posts
                          Offline
                          Posted: January 23, 2019, 3:49 pm - IP Logged

                          I find it impolite for the winner not to contact the Lottery Officials. At least have a financial adviser do the same. Maybe even a lawyer or attorney. 

                           Players who purchased tickets at the store are double-checking their tickets.

                           The largest amount never claimed was $70.2 million in a Power Ball ticket 2002. I think it was in Indiana. This record amount will change that if not claimed. 

                          Coffee

                          If SC wanted a courtesy call three months in, they should have written the law to address that. There's nothing impolite about doing no more than the law requires you to do in this situation.

                          Only my hairdresser knows for sure.

                            music*'s avatar - DiscoBallGlowing
                            Fresno, California
                            United States
                            Member #157851
                            August 2, 2014
                            3856 Posts
                            Offline
                            Posted: January 23, 2019, 4:17 pm - IP Logged

                            If SC wanted a courtesy call three months in, they should have written the law to address that. There's nothing impolite about doing no more than the law requires you to do in this situation.

                            oate, Do we really need more laws to tell us what or what not to do? Whatever happened to Common Sense? A simple phone call by an adviser would settle everyone down. That would be the kind thing to do. Sun Smiley

                            When will COVID-19 be finished?  A vaccine may protect all of us.