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IL. lottery quietly issuing checks but you cannot cash yet

Topic closed. 28 replies. Last post 1 year ago by Coin Toss.

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fast eddie's avatar - lasvegas2
Chicago,IL.
United States
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November 29, 2003
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Posted: November 8, 2015, 11:24 am - IP Logged

I found out that the IL. lottery has issued a few checks to winners last week but they were told not to cash the check till they hear it is ok via a news report, otherwise the check would bounce. The checks issued have a void after 90 days so I would tend to think there will be some sort of deal done within the 90 days to avoid the cost of re-issuing them. the reason i say quietly because the people I know of have walked into the lottery office and been issued checks, I do not know if you would get a yes come on in if you called them on the phone.

"Money won is twice as sweet as money earned"

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
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    Posted: November 8, 2015, 12:11 pm - IP Logged

    Well you're right fast eddie, something must be up, especially considering the 90 day factor.

    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

    Lep

    There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

      JADELottery's avatar - MeAtWork 03.PNG
      The Quantum Master
      West Concord, MN
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      Posted: November 8, 2015, 3:55 pm - IP Logged

      Calling it a check doesn't make it anything more than an IOU.

      A check is an IOU till you cash it.

      Pacify the Public.

      That's all it is.

      Presented 'AS IS' and for Entertainment Purposes Only.
      Any gain or loss is your responsibility.
      Use at your own risk.

      Order is a Subset of Chaos
      Knowledge is Beyond Belief
      Wisdom is Not Censored
      Douglas Paul Smallish
      Jehocifer

        Artist77's avatar - batman14

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        January 16, 2012
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        Posted: November 8, 2015, 5:04 pm - IP Logged

        Post dating a check when you know you don't have the funds, is illegal in a number of states.

        J'aime La France.

          TheGameGrl's avatar - character catafly.jpg
          A long and winding road
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          Posted: November 8, 2015, 8:27 pm - IP Logged

          cash it. the onus is on the payor for writing the check and not having the funds. Read up on Sec rulings on banks accepting checks, post dated checks are commonly run thru and should a flag arise the issuer is liable for the fees . IL is playing the shell game... they have the money....

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

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

            Artist77's avatar - batman14

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            Posted: November 8, 2015, 8:43 pm - IP Logged

            cash it. the onus is on the payor for writing the check and not having the funds. Read up on Sec rulings on banks accepting checks, post dated checks are commonly run thru and should a flag arise the issuer is liable for the fees . IL is playing the shell game... they have the money....

            True. I know banks routinely accept post dated check but the USC talks about checks not being postdated by more than 5 days also. Also raises some questions under the UCC. I hope someone who wins millions cashes the check now.

            J'aime La France.

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              Kentucky
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              February 14, 2006
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              Posted: November 8, 2015, 11:08 pm - IP Logged

              I found out that the IL. lottery has issued a few checks to winners last week but they were told not to cash the check till they hear it is ok via a news report, otherwise the check would bounce. The checks issued have a void after 90 days so I would tend to think there will be some sort of deal done within the 90 days to avoid the cost of re-issuing them. the reason i say quietly because the people I know of have walked into the lottery office and been issued checks, I do not know if you would get a yes come on in if you called them on the phone.

              "Ifound out that the IL. lottery has issued a few checks to winners last week but they were told not to cash the check till they hear it is ok via a news report, otherwise the check would bounce."

              Do you have any documentation because I can't find anything on fact check and issuing "a few checks" makes it even more suspicious?

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                Kentucky
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                February 14, 2006
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                Posted: November 8, 2015, 11:09 pm - IP Logged

                cash it. the onus is on the payor for writing the check and not having the funds. Read up on Sec rulings on banks accepting checks, post dated checks are commonly run thru and should a flag arise the issuer is liable for the fees . IL is playing the shell game... they have the money....

                Does it really make any sense for the Illinois Lottery to issue NSF checks?

                  realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

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                  Posted: November 8, 2015, 11:45 pm - IP Logged

                  Does it really make any sense for the Illinois Lottery to issue NSF checks?

                  "Here is your check for $8 million dollars but do not cash it yet.  We have the money but it can't be released until the administrators are paid. Since we can't release the funds we are in a catch 22 because we also cannot pay the administrators.  Now if you just will give us $40,000 we will wire that to the administrators to pay them and get the funds for that $8 million dollar check released..."

                    I'm feeling a jackpot win coming my way!

                    garyo1954's avatar - garyo
                    Dallas, Texas
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                    Posted: November 9, 2015, 9:14 am - IP Logged

                    I found out that the IL. lottery has issued a few checks to winners last week but they were told not to cash the check till they hear it is ok via a news report, otherwise the check would bounce. The checks issued have a void after 90 days so I would tend to think there will be some sort of deal done within the 90 days to avoid the cost of re-issuing them. the reason i say quietly because the people I know of have walked into the lottery office and been issued checks, I do not know if you would get a yes come on in if you called them on the phone.

                    Get a picture of one of the checks and post it. At least see it with your own eyes so you can validate this is happening.

                    My greatest accomplishment is teaching cats about Vienna Sausage. When I need a friend, all I need do is walk outside, pop open a can, and every little critter in the neighborhood drops by to say "Hi!"

                      RedStang's avatar - tallman zps6gf4inoc.jpg
                      NY
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                      Posted: November 9, 2015, 9:34 am - IP Logged

                      Calling it a check doesn't make it anything more than an IOU.

                      A check is an IOU till you cash it.

                      Pacify the Public.

                      That's all it is.

                      In ILL, they call checks WESTILLOU.

                        Avatar
                        NY
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                        October 16, 2005
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                        Posted: November 9, 2015, 1:55 pm - IP Logged

                        Calling it a check doesn't make it anything more than an IOU.

                        A check is an IOU till you cash it.

                        Pacify the Public.

                        That's all it is.

                        A check is an IOU till you cash it.

                        A check is an IOU until it clears.

                          JADELottery's avatar - MeAtWork 03.PNG
                          The Quantum Master
                          West Concord, MN
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                          December 7, 2001
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                          Posted: November 9, 2015, 2:07 pm - IP Logged

                          A check is an IOU till you cash it.

                          A check is an IOU until it clears.

                          hot dog, i've been corrected.

                          but, it's clear that cash is king, aye.

                          Presented 'AS IS' and for Entertainment Purposes Only.
                          Any gain or loss is your responsibility.
                          Use at your own risk.

                          Order is a Subset of Chaos
                          Knowledge is Beyond Belief
                          Wisdom is Not Censored
                          Douglas Paul Smallish
                          Jehocifer

                            Avatar
                            Maryland
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                            Member #162434
                            January 2, 2015
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                            Posted: November 9, 2015, 4:49 pm - IP Logged

                            "Here is your check for $8 million dollars but do not cash it yet.  We have the money but it can't be released until the administrators are paid. Since we can't release the funds we are in a catch 22 because we also cannot pay the administrators.  Now if you just will give us $40,000 we will wire that to the administrators to pay them and get the funds for that $8 million dollar check released..."

                            Darn! I wish MDLottery would do this, I would luv to PAY money to get mey winnings!! LOL 

                              Avatar
                              Kentucky
                              United States
                              Member #32652
                              February 14, 2006
                              7295 Posts
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                              Posted: November 9, 2015, 4:52 pm - IP Logged

                              "Here is your check for $8 million dollars but do not cash it yet.  We have the money but it can't be released until the administrators are paid. Since we can't release the funds we are in a catch 22 because we also cannot pay the administrators.  Now if you just will give us $40,000 we will wire that to the administrators to pay them and get the funds for that $8 million dollar check released..."

                              It's common in most states for people to buy winning tickets at a very reduced price so it's likely that's happening more now in Illinois because the budget problem. The scammers are out there too making it even worse.