TWO anonymous Powerball players are sitting on tickets worth $1 million, and the money is in danger of expiring.
Players have been urged to check their tickets before their chance to become millionaires slips away.
Two anonymous Powerball players are sitting on tickets worth $1 million, and the money is in danger of expiring[/caption]
In the West Virginia Lottery, two individuals are being sought out to claim on their winning tickets.
The two players are holding onto Powerball tickets that need to be cashed in soon.
One of the tickets was bought in March on Main Street in Hurricane, while the second was bought in May at the Mardi Gras Casino in Nitro.
David Bradley, Acting Director of the West Virginia Lottery, said: “For our daily draw games—including Powerball, Daily 3, Daily 4, and Cash 25—players have 180 days from the date of the drawing to claim their prize.
“All of our tickets have end-game dates, so you just have to check your ticket or call the lottery.”
Given the fast expiration dates, both tickets need to be submitted very soon.
It means that the player who got their ticket in Hurricane needs to claim by September 8.
And the player from the casino has until November 8 to come forward.
If the players do not make themselves known, the funds will be transferred to the Lottery’s unclaimed prize fund.
This fund is used to benefit both players and the state.
If you think you are sitting on a winning lottery ticket, you are encouraged to contact the West Virginia Lottery.
You can do this at the number 304-558-0500, and from there instructions will be given on how to claim.
ABOUT TO VANISH
In another lottery game, a player is sitting on a $1.1 million lottery ticket that is still unclaimed.
In the Lucky Day Lotto in the Illinois Lottery, the ticket holder has until next month to come forward.
Lottery winnings: lump sum or annuity?
Players who win big on lottery tickets typically have a choice to make: lump sum or annuity?
The two payout methods can impact how much money you get from your prize.
Annuities pay out slowly in increments, often over 30 years.
Lump sums pay all at once but in a smaller amount, as taxes are withheld in one go. That means 24% of your prize goes to Uncle Sam right away. Many states tax winnings as well.
Annuities can provide winners time to set up the financial infrastructure required to take in a life-changing amount of money, but lump sums have the benefit of being taxed only once.
Inflation is also worth considering when making a choice, as payouts do not adjust with the value of a dollar. That means that you’ll likely be getting less valuable money towards the end of an annuity.
Each state and game pays out prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.
Experts have varying opinions on whether to take the lump sum or take the annuity.
The numbers were drawn on August 9, 2024 and the ticket was bought in a liquor store in Chicago.
There are other Lucky Day Lotto games that are currently still active, including one worth $300,000 from a May 14, 2025 drawing.
This gives the player significantly longer to come forward and claim.
This ticket was bought in Evanston.
The third and final Lucky Day Lotto still open is a $200,000 game with the ticket bought in Chicago.
These numbers were only drawn last month, on June 4, so like the previous game, there is still a decent amount of time left before it expires.
In the West Virginia Lottery, two individuals are being sought out to claim on their winning tickets[/caption]
