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Michigan Lottery reports over $26 million unclaimed winnings

27 Nov 2007

LANSING, Michigan -- As reported by the Detroit News: "Keep an eye out for old state lottery tickets while rummaging through drawers and closets for holiday decorations. Millions of dollars are going unclaimed, and you don't want to lose out.

"More than $26 million worth of winning tickets were never redeemed in the fiscal year that ended in September. Another $2 million was lost in October. And since the lottery began 35 years ago, an eye-popping $512 million has gone unclaimed.

"Today, the one-year clock is ticking on a number of sizable winning tickets, most bought in Metro Detroit.

"...There's a Jan. 3 deadline for the holder of a winning $100,000 Millionaire Raffle ticket (number 333774) to come forward. It was bought last January at Luke's Gift & Sweet Shoppe in Troy's Oakland Mall.

"...The one Lottery officials still shake their heads at involved a $34 million winning ticket sold at a Meijer store in East Lansing in 1997. The winner never showed. In fact, there have been 13 winning tickets worth at least $1 million that were never cashed before the one-year deadline.

"...The upside is that all of the unclaimed prize money is placed into the state School Aid Fund, which goes toward K-12 education..."

 
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