Lottery officials searching for unclaimed tickets worth combined $806k – they’re identical but one was bought digitally ...Middle East

News by : (The U.S. Sun) -

LOTTERY players have been called to check their slips and ensure they aren’t missing out on a combined $860,000 worth of unclaimed tickets.

Two lotto fans have won huge jackpot prizes but time is ticking for them to step forward and claim their cash.

GettyTwo tickets worth a combined $806,000 have not been claimed yet[/caption]

The players had paid into the Fantasy 5 lottery game, in Georgia.

Each of these winners hit the $403,000 jackpot on Monday, January 20.

These lucky slips are identical but one of them was purchased online, on the Georgia Lottery app.

The other was bought at Citgo Quik Mart in Alpharetta, Georgia, around 30 miles north of Atlanta, according to the Miami Herald.

They both matched the drawn numbers which were 9-10-12-27-28.

These two players both beat unbelievable odds of one in 850,668 to win the grand prize.

Despite this, nobody has successfully stepped forward to claim the cash.

All lottery wins eventually expire so these people must act to make sure they get their hands on this life-changing money.

These two lottery players need to schedule an appointment to claim their win at the Georgia Lottery Corporation’s headquarters or district offices.

They should also be wary of how long they have to claim their cash.

They will have 180 days from the draw date to step forward, according to the Georgia Lottery website.

BIG WIN

These tickets have not been the only ones to remain unclaimed.

Nobody has stepped forward for an eye-watering $328million win, The U.S. Sun has previously reported.

A mystery player in Oregon matched all six numbers to hit the massive prize on January 18.

Their slip was purchased somewhere in Beaverton – around eight miles from Portland.

This person will face the difficult decision of whether they will take the lump sum or choose to receive annuity payments.

Lottery winnings: lump sum or annuity?

Players who win big on lottery tickets typically have a choice to make: lump sum or annuity?

The two payout methods can impact how much money you get from your prize.

Annuities pay out slowly in increments, often over 30 years.

Lump sums pay all at once but in a smaller amount, as taxes are withheld in one go. That means 24% of your prize goes to Uncle Sam right away. Many states tax winnings as well.

Annuities can provide winners time to set up the financial infrastructure required to take in a life-changing amount of money, but lump sums have the benefit of being taxed only once.

Inflation is also worth considering when making a choice, as payouts do not adjust with the value of a dollar. That means that you’ll likely be getting less valuable money towards the end of an annuity.

Each state and game pays out prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.

Experts have varying opinions on whether to take the lump sum or take the annuity.

The instalments are paid out over 30 years and payments increase gradually over time.

The lump sum option will give a player all the money at once but it will be subject to huge fees and taxes.

The $328 million pot has a cash value of $146.4 million, meaning the prize will have been more than halved.

Another Powerball ticket is set to expire in days.

A slip worth $50,000 has not been claimed as lotto bosses in Iowa scramble to find the champion in time.

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