Situations To Escape In The Lottery
Situations To Escape In The Lottery
You have won a lottery ticket or you have a winning ticket. what next? Only one problem cashing in, guess again, more than one problem lingers. There are many situations one can never avoid they may include the following.
1. losing your ticket.
Not good. You might lose your money, because to claim your prize you must present your winning ticket. Without your ticket, there is no proof of ownership, and this means you won't be able to collect your winnings. First step is to sign your ticket. By signing it acts as strong security against someone else trying to claim your prize if your ticket is lost or stolen. But usually your money is gone for good unless you have the physical ticket. Even a photocopy is unlikely to get accepted by the lottery organization.
2. Ticket is stolen.
The obvious answer is not to tell anybody until you receive the check from the lottery organization. Then they'll have no reason to steal it! But you can protect it first by signing it with your name and address. Washington's Lottery explains that lottery tickets like currency are bearer instruments, in that the holder of the ticket is the owner, unless the ticket is signed. By signing the back of your Lottery ticket, you make the ticket officially yours. Only the person whose name matches the signature on the ticket may claim its winnings.
3. charity your ticket
There have been many cases where a lottery ticket was given as a gift, and the giver received nothing back in return. Since the prize is seen as 'found' money - money that cost little to obtain - so there will always be resentment that the giver didn't receive any part of the winnings. Why not split it with them? Even a 90/10 split will go a long way to keeping the friendship.
4. sharing with family
As mentioned above, if you worry about your family or friends claiming a portion of the prize, then why not split the money up equally among all the family?if you are a kind person but I don't recommend.
5. ticket expiry deadline.
Lottery tickets do expire, so you need to check the dates on the back of the ticket. If you miss the deadline, you're unlikely to get your prize. The best way is to make a regular trip to your lotto store after each game and have them put the tickets through their machine. You get added security by knowing there won't be any mistakes too.
You have won a lottery ticket or you have a winning ticket. what next? Only one problem cashing in, guess again, more than one problem lingers. There are many situations one can never avoid they may include the following.
1. losing your ticket.
Not good. You might lose your money, because to claim your prize you must present your winning ticket. Without your ticket, there is no proof of ownership, and this means you won't be able to collect your winnings. First step is to sign your ticket. By signing it acts as strong security against someone else trying to claim your prize if your ticket is lost or stolen. But usually your money is gone for good unless you have the physical ticket. Even a photocopy is unlikely to get accepted by the lottery organization.
2. Ticket is stolen.
The obvious answer is not to tell anybody until you receive the check from the lottery organization. Then they'll have no reason to steal it! But you can protect it first by signing it with your name and address. Washington's Lottery explains that lottery tickets like currency are bearer instruments, in that the holder of the ticket is the owner, unless the ticket is signed. By signing the back of your Lottery ticket, you make the ticket officially yours. Only the person whose name matches the signature on the ticket may claim its winnings.
3. charity your ticket
There have been many cases where a lottery ticket was given as a gift, and the giver received nothing back in return. Since the prize is seen as 'found' money - money that cost little to obtain - so there will always be resentment that the giver didn't receive any part of the winnings. Why not split it with them? Even a 90/10 split will go a long way to keeping the friendship.
4. sharing with family
As mentioned above, if you worry about your family or friends claiming a portion of the prize, then why not split the money up equally among all the family?if you are a kind person but I don't recommend.
5. ticket expiry deadline.
Lottery tickets do expire, so you need to check the dates on the back of the ticket. If you miss the deadline, you're unlikely to get your prize. The best way is to make a regular trip to your lotto store after each game and have them put the tickets through their machine. You get added security by knowing there won't be any mistakes too.
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