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Each year, Michigan residents fail to claim millions of dollars in unclaimed Michigan Lottery prizes, although the majority of them are relatively insignificant.
Only the biggest unclaimed prizes are listed on the Lottery’s website.
Currently, in Michigan, there are unclaimed prizes amounting to $2 million and two additional prizes worth $1 million each. If these prizes remain unclaimed, they will expire one year from the ticket sale or drawing date.
Check beneath your car seats and tidy up your cluttered drawer, as one of these lottery prizes might be yours!
The winning ticket for the Powerball drawing held on August 4th, 2021, in Ingham County has won a prize of $1 million.
On August 7, 2021, an exciting Fantasy 5 ticket was drawn in Oakland County, awarding a fabulous prize of $100,000.
On September 25, 2021, a Lotto 47 ticket was drawn, winning a prize of $2.05 million. This lucky ticket was purchased in Macomb County.
On October 8, 2021, a Fantasy 5 ticket was drawn, winning a prize of $117,053 in Kent County.
A Powerball ticket was obtained during the drawing on February 14, 2022, resulting in a prize of $1 million. The ticket was purchased in Macomb County.
How to make sure your lotto winner doesn’t go unclaimed
To ensure you receive your deserved prize money, purchasing your tickets online is highly recommended. By opting for online ticket purchases, any prize amounting to less than $600 will be directly deposited into your Michigan Lottery account. Moreover, in the fortunate event of winning a substantial sum, you will be promptly notified via email and through your iLottery account.
You can still check if your ticket is a winner by using the ticket checker on the Michigan Lottery Mobile App, even if you didn’t purchase your ticket online. Moreover, every MI Lottery retailer also provides a ticket checker. It is a quick process that is always worth checking!
All the potential methods to claim a prize are listed on the lottery’s website.
Why are lottery prizes left unclaimed?
It is not uncommon for large prizes to remain unclaimed for a while until the winner steps forward to collect their winnings. When it comes to significant jackpot prizes worth millions of dollars, winners often take their time to gather a team of lawyers, financial advisors, and accountants who can help them effectively manage and invest their newfound wealth. In some cases, winners may also choose to establish a trust or an LLC before claiming the prize.
However, there are occasions when prizes are left unclaimed or overlooked due to different factors. Certain individuals may not be aware of the existence of secondary prizes in multi-state games such as Powerball and Mega Millions, or they may not bother to check their numbers once they learn that nobody won the jackpot in their particular draw. Additionally, some people simply do not make the effort to revisit the store and collect their smaller winnings or scratch-off prizes.
Don’t let those winning tickets expire!
In May of this year, a $1 million-winning ticket went unclaimed. The Powerball ticket, sold at Warren Market on Mound Road in Warren for the May 5, 2021 drawing, remained unredeemed for an entire year. Finally, at 4:45 p.m. on May 5, 2022, the ticket expired without anyone coming forward as the lucky winner.
The winning ticket worth $150,000, which was drawn on April 24, 2021, unfortunately expired on April 25. This ticket was bought at Clarkston’s Pine Knob Wine Shoppe.
What happens to all that unclaimed money?
Every year, unclaimed funds on a national level amount to billions of dollars, with the largest portion arising from multi-state games. Each lottery has established protocols to handle unclaimed lottery prizes.
The website of Powerball states the following policy:
The lottery jurisdiction retains unclaimed prizes. In the event that a Grand Prize remains unclaimed, the funds must be distributed among all lotteries proportionally according to their sales for the respective draw period. Subsequently, the lotteries allocate the funds based on their own jurisdiction’s regulations, directing them towards other lottery games, their jurisdiction’s general fund, or as stipulated by the law.
The unclaimed prize money in Michigan is directly included in the Lottery’s profit, which is entirely allocated to the School Aid Fund. Throughout fiscal year 2021, the Michigan Lottery generously donated more than $1.419 billion to the fund, greatly benefiting education for children in the state.
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