Florida Lawmaker: Large unclaimed lotto prizes should go to education

Comment #7

Todd — Mon, 15 Sep 2003 00:47:01 GMT

Now you're talking! (I need to find a way to get Vince into a Florida legislative job...

Comment #6

vincejr — Mon, 15 Sep 2003 00:05:41 GMT

Personally, I think all unclaimed jackpots should be given to Todd.

Comment #5

Littleoldlady — Sun, 14 Sep 2003 16:40:01 GMT

For any unclaimed jackpots over a certain amount, they could split it with K-12 education which is hurting for money everywhere.

Comment #4

smd173 — Sun, 14 Sep 2003 01:57:29 GMT

By law the PA Lottery is required to put any unclaimed prizes back into the prize fund. The problem is they usually roll it into some $5 scratch off ticket.I say that if a $50 Million jackpot isn't claimed, then that prize money should be put back into the fund for the game in which it was played.Right now the Florida Lotto is at $6 Mil, image how cool it would be to have it suddenly balloon to $56 Mil

Comment #3

Todd — Sun, 14 Sep 2003 01:47:20 GMT

A good recent example of a state lottery reusing jackpot funds to fuel bigger prizes was when the Michican Lottery retired Michigan Millions and started Winfall in January. There were something like 5 Winfall drawings in a row that they disbursed all the built-up Michigan Millions money, and the players loved it. (Too bad Winfall didn't have better staying power after that.

Comment #2

Bradly_60 — Sat, 13 Sep 2003 16:24:35 GMT

I would have to agree with that. Why should all that money that was given as a prize go back to the state. The state already got their share on the sales of a $50 million jackpot anyway. Give it back to the players that bought tickets.Brad

Comment #1

CASH Only — Sat, 13 Sep 2003 11:07:45 GMT

All unclaimed money should be returned in the form of PRIZES-otherwise why should the lottery ask players to look for ticket(s) about to expire.Many lotteries are required to return a certain % back to players as prizes.

Florida Lawmaker: Large unclaimed lotto prizes should go to education

Lottery Post — Sat, 13 Sep 2003 01:58:38 GMT

Instead of using an unclaimed $50 million Lotto jackpot to try to get more people to gamble, the state should have been able to spend the money on schools, a state lawmaker said Friday.Rep. Charlie Justice said he plans to file a bill that would allow large unclaimed prizes -- like the $50 million that a ticket holder failed to claim this week before a 180-day deadline passed -- to be used for education.Right now, all unclaimed money returns to the Lottery, which has to use it for promotions. Th... [ More ]