Unclaimed Property Blog

Many have hit the jackpot by claiming back their unclaimed money. Much to the surprise of everybody, every year thousands of people benefit by way of claiming back their lost money or even lost lottery jackpots. Unclaimed money amounts can vary from hundreds to millions of dollars. In addition, unclaimed lottery winnings are also on the rise and it merits a mention that some hefty jackpots have also been claimed in the last couple of years.

Could you possibly have an unclaimed lottery win without your knowledge? Unclaimed lottery jackpots along with unclaimed checks and utility deposits are becoming an area of concern for U.S. authorities who are already struggling to disburse the surmounting unclaimed cash and property laying with the state treasurers.

It is unbelievable that $12 million lottery jackpot can go unclaimed; but it has happened in Barstow, CA. A winner of the jackpot who bought the ticket is yet to come forward to claim his money. This Super Lotto Plus ticket was purchased from the Barstow Station Ice Cream Shoppe and the owner of the Shoppe stands to win $60,000 if the ticket is claimed. A $50 million Lotto jackpot remained unclaimed in Florida. As per the Florida Lotto, nearly $122 million in jackpot prizes went unclaimed and expired since its inception in 1988.

In the Arizona Powerball Lottery their is a winner of $200000 that has not claimed their winnings.

In Arizona, Lottery winners have up to 180 days to claim their prize.

The largest unclaimed Powerball prize to date is $200,000, and it expires Feb. 9.

After the period to claim a prize expires, 30 percent of the money goes to the state’s court-appointed special-advocate program, which is run by the Arizona Supreme Court. The rest goes back to the Lottery in the form of prizes, said Art Macias, executive director for Arizona Lottery.

In 2008 there was over $1 Billion in unclaimed lottery prize money.