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Lottery tickets are a "bearer intrument"

Topic closed. 17 replies. Last post 11 years ago by CASH Only.

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Do you sign your tickets before the draw?

Yes, always! [ 5 ]  [11.90%]
Yes, usually. [ 2 ]  [4.76%]
Sometimes. [ 1 ]  [2.38%]
No, Never. [ 17 ]  [40.48%]
I would sign it after, if the ticket wins. [ 12 ]  [28.57%]
I Didn't know what it is about? [ 0 ]  [0.00%]
I Haven't before, but will now. [ 1 ]  [2.38%]
I Haven't before, and still won't now. [ 2 ]  [4.76%]
I don't know what you are saying, even, still! [ 0 ]  [0.00%]
I don't really care, I just want to win! lol [ 2 ]  [4.76%]
Total Valid Votes [ 42 ]  
Discarded Votes [ 2 ]  

United States
Member #25881
November 12, 2005
62 Posts
Offline
Posted: November 13, 2005, 4:30 pm - IP Logged

An on-line lottery ticket is a bearer instrument until signed.

I sign my tickets before the drawing?  How many of us do?

Do you sign your tickets before the drawing? 

Always?  Sometimes?  never?  Cool

Never have before but will now?

Always have but will quit now?  LOL

    bellyache's avatar - 64x64a9wg

    United States
    Member #12618
    March 18, 2005
    2060 Posts
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    Posted: November 13, 2005, 4:46 pm - IP Logged

    I don't sign my tickets. I usually win small prizes and so far I haven't felt the need to sign them.

    Dance like no one is watching.

      Avatar
      Sparta, NJ
      United States
      Member #18331
      July 9, 2005
      1977 Posts
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      Posted: November 13, 2005, 4:50 pm - IP Logged

      I believe it is the lottery that claims the ticket is a bearer bond; not the courts.  Otherwise, lawyers would not be in the lawsuit business.

      Cheers

      |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

      I only trust myself - and that's a questionable choice

        Avatar
        USA
        United States
        Member #1849
        July 15, 2003
        265 Posts
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        Posted: November 13, 2005, 10:09 pm - IP Logged

        Signing it before my be a mistake. What if your lawyer recommends signing as another entity (llc, trustee, etc..) and you alreay signed as an individual? I would reconsider that position and keep the lottery ticket safe until you win. Trust me if you have the winning ticket you won't lose it...

          Avatar

          United States
          Member #23787
          October 16, 2005
          68 Posts
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          Posted: November 13, 2005, 10:34 pm - IP Logged

          Signing it before my be a mistake. What if your lawyer recommends signing as another entity (llc, trustee, etc..) and you alreay signed as an individual? I would reconsider that position and keep the lottery ticket safe until you win. Trust me if you have the winning ticket you won't lose it...

          Have you seen signature of "President of United States". It is signed by the person as his name occupying the office and not just as "President of United States"

            bellyache's avatar - 64x64a9wg

            United States
            Member #12618
            March 18, 2005
            2060 Posts
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            Posted: November 13, 2005, 11:40 pm - IP Logged

            Signing it before my be a mistake. What if your lawyer recommends signing as another entity (llc, trustee, etc..) and you alreay signed as an individual? I would reconsider that position and keep the lottery ticket safe until you win. Trust me if you have the winning ticket you won't lose it...

            Trust me if you have the winning ticket you won't lose it...

            I don't think that is all-together true. There seems to be quite a few jackpots out there that never get claimed. Just look at some of the news stories posted here. So it can be said that some people do lose their winning tickets or don't check them.

            Dance like no one is watching.

              Avatar
              USA
              United States
              Member #1849
              July 15, 2003
              265 Posts
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              Posted: November 13, 2005, 11:55 pm - IP Logged

              This person signs all their tickets, I don't think they'll lose them. Hehe. But yes, people can lose tickets, do think a person that signs all tickets is going to lose them, I don't... Cheers,

                bellyache's avatar - 64x64a9wg

                United States
                Member #12618
                March 18, 2005
                2060 Posts
                Offline
                Posted: November 13, 2005, 11:58 pm - IP Logged

                I would think that a person who tends to sign their tickets would be less likely to lose them...so yes I can agree with that. =)

                Dance like no one is watching.

                  BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
                  Magnolia, Delaware
                  United States
                  Member #18795
                  July 20, 2005
                  789 Posts
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                  Posted: November 14, 2005, 12:49 am - IP Logged

                  I Vote No Never!

                  I want to form an LLC to turn in the ticket. I might even have a trust turn it in, I have yet to decide which it's going to be. But in either case it can be done, because I didn't sign the ticket as an individual!

                  Keep dreaming the impossible dream, it just may come true! Thumbs Up

                    Avatar
                    Sparta, NJ
                    United States
                    Member #18331
                    July 9, 2005
                    1977 Posts
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                    Posted: November 14, 2005, 9:28 am - IP Logged

                    Signing it before my be a mistake. What if your lawyer recommends signing as another entity (llc, trustee, etc..) and you alreay signed as an individual? I would reconsider that position and keep the lottery ticket safe until you win. Trust me if you have the winning ticket you won't lose it...

                    Whoever signs as the LLC has a title, and signs with their name.  MyCatIsCute can be an LLC, but it not a legal signature.

                    Cheers

                    |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

                    I only trust myself - and that's a questionable choice

                      TheGameGrl's avatar - character catafly.jpg
                      A long and winding road
                      United States
                      Member #17084
                      June 10, 2005
                      4523 Posts
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                      Posted: November 14, 2005, 10:11 pm - IP Logged

                      Chewie is correct. Read  your home state lottery provision on ticket validation and claims.

                      ~~Is it true, Is it kind,Is it necessary. ~~~

                       Thanks be to the giving numbers: 1621,912,119 02014

                        pigsNtrees's avatar - pigsNtrees
                        Mallorn trees of Lothlorien
                        United States
                        Member #26084
                        November 14, 2005
                        199 Posts
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                        Posted: November 14, 2005, 10:25 pm - IP Logged

                        I don't sign my tickets. I usually win small prizes and so far I haven't felt the need to sign them.

                        Same here.

                        Quando Porca Volare!

                        drunk hobbit

                          Avatar
                          Sparta, NJ
                          United States
                          Member #18331
                          July 9, 2005
                          1977 Posts
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                          Posted: November 15, 2005, 9:28 am - IP Logged

                          I don't sign my tickets. I usually win small prizes and so far I haven't felt the need to sign them.

                          Same here.

                          Agree.

                          I have hit a two 4+1 (before they raised the value) and signed the slip; had to in order to collect the money.  Hit a couple of 4+0 and didn't sign either, they gave me the money in the store.  No sense in putting my name on something, that can come back to haunt me, when I don't have to.

                          Cheers

                          |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

                          I only trust myself - and that's a questionable choice

                            Avatar
                            Morrison, IL
                            United States
                            Member #4657
                            May 13, 2004
                            1884 Posts
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                            Posted: December 6, 2005, 1:57 pm - IP Logged

                              Yep, I'd only sign my Powerball (or Mega Millions) ticket if it was at least a 4+1 ticket.

                              justxploring's avatar - villiarna
                              Wandering Aimlessly
                              United States
                              Member #25360
                              November 5, 2005
                              4461 Posts
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                              Posted: December 7, 2005, 2:55 am - IP Logged

                              I rarely sign them any more. The suggestion about forming an LLC or Trust makes sense, although if I were the Trustee, I think the lottery would still honor it. However, why take chances? I don't need to sign my tickets since I would never lose one. I keep them in a safe place and, if I ever hit the jackpot, I'd wear it close to my body (like clipped to my bra) until I got to Tallahassee. 

                              I'm guessing right now there are so many tickets ready to expire in Jan because people are waiting to claim them after the 1st of the year.