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What happens to unclaimed jackpots?

08/29/08

Permalink 11:09:56 pm, by admin Email , 168 words   English (US)
Categories: FoundMoney Blog

What happens to unclaimed jackpots?

We came across an article today about unclaimed jackpots. To our surprise the state and federal lottery jackpots have expiration date of 150 days. Meaning if you are one of those who doesn’t always check the ticket, you could be in trouble. Holding the winning ticket and trying to claim this money on the 151st day would not get you the jackpot money. Instead by law, unclaimed jackpots have to go back to the customers in the form of prizes in other lottery games. Unlike dormant bank accounts which are turned over to the government.

You might be surprised that there are many accounts which hold large amounts of money. I personally have witnessed a customer who claimed over $600,000 dollars. In another case I heard of a lady who received over two million dollars from an insurance policy. Her husband passed away and never kept his records uptodate. The insurance company was unable to locate anyone! Sure enough two years later she found our site and her money.

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Foundmoney.com has operated since 1994 offering unclaimed financial information from government and private institutions. Since our inception Foundmoney.com has reunited thousands of people with lost money. We were the first to provide this service for a small flat fee that is guaranteed. Featured on the Winfrey Oprah show we are the genuine Found Money search engine.

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