Time Expires For Person Who Held $12 Million Lottery Ticket And Never Claimed PrizeMoney Will Be Kept By The State Of Texas |
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The lottery can be a sad and sadistic game even when you somehow win it.
There’s plenty of stories of lottery winners blowing it all, and then there’s stories of lottery winners who never claimed their prize because they never realized they won. That’s what just happened to a $12 million ticket in Texas.
One horribly unlucky gambler bought the ticket six months ago, but apparently didn’t realize it. After 180 days passed, the ticket was deemed dead and the state pocketed the $12 million prize.
It is possible that the winner realized it but had simply lost the ticket. However, no one has surfaced with such a humiliating story to tell the country.
According to the Houston Chronicle, “More than $837 million in unclaimed lottery prizes have reverted to the state budget since 1995, although much of that has come in much smaller amounts from scratch-off games.” Sometimes there are very close calls. In 2008, someone in Texas waited until day 159 to claim their winning $3.5 million ticket.
The report said that $4.4 billion in the last fiscal year was siphoned off of lottery players in the state of Texas. Those opposed to the lottery point out that the game is predominantly played by the destitute or people who are one or two mishaps away from complete economic immiseration.
In April, it was revealed that a Pennsylvania man mistakenly threw away $1.25 million worth of winning lottery tickets. Despite this, he still keeps playing the lotto.
According to a poll conducted by the American Gaming Association, 53 percent of individuals aged 21 and over played the lottery at least once in 2012.
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