|Posted: July 7, 2006, 3:26 pm - IP Logged|The Lottery pointed out that only the person that purchased the ticket can cash it.
The officers of the LLC are public knowledge.
Here in California a man tried to get someone else to claim his prize. It didn't work. If I remember correctly, they were ready to video tape him in Lottery Headquarters and make the big announcement, when he admitted he was not the person that purchased the ticket. The Lottery pointed out that only the person that purchased the ticket can cash it.
Evidently tickets aren't 'bearer instruments' in CA.
Where I am the person who signs the ticket owns it, unless I'm mistaken.
Perhaps the lottery understands that ownership and possession are different things and possession doesn't guarantee ownership even if the item in possession is a bearer instrument.
Perhaps a signed ticket by the bearer is a bearer instrument and it doesn't matter what the lottery understands.
If a ticket signed by the person bearing it is a bearer instrument, as is generally claimed here on the forum, the purchaser of the ticket is not the owner. The bearer is.
This has been argued many times on these forums. Maybe it depends on the state statutes in the location where it's beeing redeemed, but it sure as hell doesn't have anything to do with what the lottery understands or doesn't understand.
At least not yet.
Absorb the good, ignore the bad, weigh the ugly.
It's about number behavior.
Egos don't count.
Dedicated to the memory of Big Loooser