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  • 8 months ago
There is an unclaimed lotto prize of 14 million dollars.
This was revealed during a public hearing of the Parliament's Public Accounts Committee on Wednesday.
The committee was examining the operations of the National Lotteries Control Board.
And the committee found out how long the winners of Lotto and other NLCB games have to collect their prizes.
Transcript
00:00We had a winner from Gaspro for $14 million and didn't collect his winnings.
00:10But six months ago.
00:13What happens then?
00:15Is there an advertisement that comes out from NLCB that says that there are X million dollars
00:20in unclaimed prizes?
00:21No, not at all.
00:25Why not?
00:27We don't normally do that.
00:29But you have a six-month period within which you must claim.
00:32Yes, you come, you claim.
00:33That is outside of the scratch etc. etc. etc.
00:36Because this is the lotto.
00:38No, no, no.
00:39These are all the games.
00:40These are all the games.
00:41So all games have a six-month life after which you must go to Treasury to make your claim
00:47if you find your ticket etc.
00:49The scratch tickets, I believe, are six months.
00:52The online, the draw games, that's one year.
00:56And this is in the National Lotteries Act.
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