Do CT State Lottery Winners Have Six Months Less To Pick Up Winnings?"?

From now on, Connecticut Lottery winners will have six months less time to claim their prizes , a change expected to reap $6.1 million in unclaimed prize money for the cash-starved state government during the first year. Effective Aug. 2, the Connecticut Lottery Corp. Adopted a prize redemption period of 180 days, discarding the longtime claim period of 365 days.

Last year, $604 million in Connecticut Lottery winnings were awarded and $13 million more went unclaimed, roughly in line with the typical unclaimed-winnings percentage of about 2 percent. Bad luck for lottery players means good luck for the government: Officials calculate that the shortened claim period will mean a $6.1 million boost in state revenue. "During the first full year of this change, we anticipate a one-time annual infusion of unclaimed prize money of approximately $6.1 million, divided over two fiscal years," the lottery corporation's president and CEO, Anne M.

Noble, wrote in a July 29 letter to the co- ... more.

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