£9.1m Lottery Jackpot Transferred to Country’s Treasury after No One Claims It
January 3rd, 2020 11.00am
Winning lottery is something that happens once in a lifetime, if ever. But, contrary to popular belief, claiming a staggering jackpot prize may not be as fantastic as it seems, as it can cause problems for the lucky winner.
Probably the biggest one is how to spend that money smartly, as we’ve seen winners of eight-figure jackpots squander multi-million prizes in a little over a year.
It’s Normal to Wait a Bit Before Claiming a Jackpot
And that’s why many winners hesitate to claim their prizes straight away, making financial and other arrangements before actually stepping forward and taking the money they won. A couple of months ago, a man in Canada hit a jackpot worth around £45 million and waited 10 months before claiming it.
Explaining his decision to wait so long, the lucky winner said he had wanted to consider what impact such a win would have on his life as well as the lives of his family members.
However, once the draw is completed, the winner will have a certain amount of time to claim his or her prize, and if that doesn’t happen, the lucky players will become an unlucky loser. And that’s just what had recently happened in Turkey.
The (Un)Lucky Winner
The New Year’s special lottery draw was held on December 31, 2018, when one lucky man hit the Main Prize worth 70 million Turkish liras (around £9.1 million). At first, everyone believed the winner was simply waiting for the right moment to step forward, but as time passed, this fortunate player began to raise curiosity across the country.
The news about the jackpot repeatedly made the headlines, with the lottery officials issuing several statements urging the winner to claim this staggering prize, but their efforts were in vain.
In October, the country’s National Lottery even posted a countdown timer on its site, as the deadline for the winner’s right to claim the jackpot was expiring on December 31, 2019. This was an unprecedented case in the history of lottery draws in Turkey. The officials announced the money would be transferred to the Treasury if the deadline to claim the jackpot came to pass.
Their Identity Will Remain a Mystery
And as the clock was slowly ticking away, many wondered about the fate of the winning lottery ticket. In the meantime, the winner lost the chance to grab additional cash, as he or she could have added £1.4 million to the aforementioned sum from interests.
The jackpot was the biggest one to have ever been one by one winner. The draw held on the last day of 2017 saw the largest prize up to that point, although £7.8 million were divided between four lucky winners.
After the deadline expired at 5 pm on December 31, 2019, all £9.1 million were transferred to the country’s treasury, which received an unexpected New Year present.
The 2020 New Year’s special draw was held on December 31, 2019, with the main prize set at £10.2 million. We sincerely hope the winner – or winners – will claim their prize in due time. On the other hand, people at the treasury hope they won’t.
A similar scenario may be expecting us here in the UK. On January 2, 2020, the winner of the Euromillions lottery prize worth around £41 lost the right to claim this fantastic prize – but only if the ticket has been destroyed or lost. According to the National Lottery, the lucky winner will still be able to claim the prize if they have the winning ticket, which was purchased in Dorset!
The lottery officials have issued several statements urging the winner to claim the prize.