Wiwo
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July 03, 2023, 08:30:07 AM |
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Wait again, if it is an online lottery such as offered by a casino then I think the reward is automatically credited to your accounts once your number is the lucky number and logically some lotteries such as physical lotteries of those played in the casino would have an expiration date and if the prize winner doesn't claim the winning within a certain time, the winning may be revoked according to the term and condition and if this becomes the case it will be clear to the player to know the stances and the duration of claiming the prizes.
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Mr. Magkaisa
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July 03, 2023, 08:46:08 AM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
- On the physical lottery outlet yes, you were right that within 6months if the jackpot winner didn't appear to get his winning rewards it will automatically forfeit. Now, in terms of discussion in online gambling, I'm not exactly so sure if they also have the same procedures in it. Becaue as far as I can see that once you win in online lottery most of the time the jacpot winner always get his winnings at once. They don't let it last more than a few days as far as I know.
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Adbitco
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July 03, 2023, 10:44:18 AM Last edit: July 04, 2023, 05:01:59 PM by Adbitco |
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All lottery tickets do has an expiry date and this refers to the terms and condition of the provider, maybe duration give for claimant and if you didn't meet the required time and date of longevity then the provider my decides to forfeit it since you didn't come to come claim it within the duration given.
Most of the casino doesn't give extra time rather they requested the owner to claim it with immediate effect otherwise you don't longer have access to it again. However, the terms and conditions are always on the casino site before you could play and win a lottery always make sure that read the instructions carefully as other not to Violate the rules.
Edit..
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CarnagexD
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July 03, 2023, 11:27:45 AM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
It depends on the website and the online casino you're playing with. If you haven't claimed it yet, what's stopping you? Some may have time limit as to how much long you can only claim your reward or profits and if you don't you will lose it. Some send it directly without claiming notice. But there's a bigger risk for not claiming you're prize money is when the gambling site you're playing with gone backcrupt or just begone all at once. There you cannot do anything about it. So if there's a chance, claim it and store your prize on your own wallet so have the control over it.
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traderethereum
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July 03, 2023, 11:36:35 AM |
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The prize can expire and the casino will use the prize for a new period. They assume that the winner cannot collect the prize and do not give reasons. And I think it will also happen to offline casinos where when they can't contact the winner, they will disqualify the winner and maybe replace it with another winner. But I guess it does happen to people because they hope so desperately to be the winner and the last thing they do is buy the ticket and leave the casino. It's possible that they won't be back for another 6 months or they may never return to the casino.
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Lida93
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July 03, 2023, 12:55:02 PM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
It's very unusual to have people abandon their accounts say for half a year with a jackpot prize win in it. Not quite sure if anything would happen to your money under normal circumstance but for an offline casinos there's a probability that they can't hold on for such a long period capitalizing on the idea that maybe the prize winner could be dead for wasting such duration of time in claiming their prize. So either they might invalid you as the winner and give it to the number that appeared as the second runner up. OP, It's better imagined than going through the whole saga!
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Queentoshi
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July 03, 2023, 01:44:28 PM |
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If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards.
The different casino are formed by different individuals, and you should know that although there will be some similar terms in how they operate, there will also be a few changes that each of them have made to that will be unique to them. You have to know the terms that every casino has towards their lotteries, so you will know exactly. I feel that with some casino's, if the prize money is unclaimed, they may need to retrieve it so that it can be rewarded to another person who is available to claim it. After a period of time and your reward money is unclaimed, many things can be assumed to have happened to you.
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TimeTeller
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July 03, 2023, 02:43:10 PM |
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^I don't know which lottery casino you are talking but I am sure that is an online casino. However, all your questions will probably be answered if you will read the TOS of which casino you are talking about, everything was on the TOS and each casino has its own terms regarding this matter. Based on the Freebitco.in and I checked it now, it will never get expired. You can ask this on the casino staff too.
Yes, I also think it depends on the terms of the casino itself. Some of them that I have seen, they have conditions when it comes to lottery rewards. If you have tickets, much better if you will regularly check the results of the lottery. Lucky if you play on freebitco, as there's no expiration, you have no worries if you forget to check out your account. But when it comes to other lottery games like the physical ones, much better if you always check before it is too late for you if you luckily got it.
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Fivestar4everMVP
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July 03, 2023, 02:57:50 PM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
I think this depends on the casino, I've never played the lottery outside FreeBitco, and my experience there is that, you could leave your account dormant for several years, and your funds will still be intact anytime you decide to enter the site again. I left a small amount of bitcoin on my FreeBitco account since 2017 when I last logged in, till 2021 when I logged in again, and to my amusement, the bitcoin were still there, so it very much depends on the casino, I believe information concerning this should be contained in the terms and conditions of the casino, so very important to read that up.
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bangjoe
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July 03, 2023, 03:06:15 PM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
Pretty good question, I also have the same question as you. because I haven't done gambling behavior like this, got a number then I left it in brackets for quite a long time, so I don't have the experience to tell you, sorry in advance. But if there is a necessity to claim a winning prize in the rules, what we win will be lost because you don't claim it with a time limit, but if there are no such rules and usually when you get a win it is immediately entered into your wallet/balance it is possible even if you don't open it within six months. Also, with a note that gambling platform is still operating until the day you check it, if not, of course it will also disappear even if you get a win. That's my logic. CMIIW
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darkangel11
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July 03, 2023, 03:23:00 PM |
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Online or physical lottery tickets?
If there is a physical lottery in our country, it will expire,
If it is a physical lottery, it has a period of 3 months depending on my country, if you do not claim the prize, those funds will go to the benefit of the towns
I'm pretty sure OP means an online lottery. You don't get accounts that can lie dormant when you buy a physical lottery ticket. If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time.
With online lotteries you have to read TOS as each company will have their own limit but in general they do expire. The whole company can go out of business too if you wait for too long. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Gozie51
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July 03, 2023, 03:24:22 PM |
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I feel that with some casino's, if the prize money is unclaimed, they may need to retrieve it so that it can be rewarded to another person who is available to claim it. After a period of time and your reward money is unclaimed, many things can be assumed to have happened to you.
How can that be possible that a casino will retrieve a lottery reward from an unclaimed participant due to one reason or the other and give it to another account or person who did not participate. You have to participate in the lottery or have an account registered for that to be entitled to a reward and you won't have to benefit from another person's win. If the participant is unable to claim it I think it returns to the casino but not to someone who didn't apply for it or qualified for it.
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YOSHIE
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July 03, 2023, 03:49:38 PM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
Have you ever read the bonus rules that are given at every casino, each casino has different rules about bonuses, except for your balance in the account. For your answer, you mainly go to the casino and see and read their rules regarding lottery tickets, bonuses and so on, that you left here, of course you never claimed the bonus, you will find out the lottery ticket, the bonus is still stored there or expired. As far as I know, some of the casino bonuses or lottery tickets that you get and never take, some of the casinos are yours to lose, it is assumed that you have been inactive for a long time, and some of the casinos are intact, does not disappear even if you are on vacation for one year, when you visit the casino your fixed bonus, for that I suggest you visit the casino that you have played at, see if there are still lottery tickets or they expire.
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qwertyup23
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July 03, 2023, 04:06:15 PM |
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If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
In the Philippines, if you were to purchase a lottery ticket and you subsequently left it dormant without claiming the prize money, you have one (1) year to claim it counted from the date it was drawn. Failure to redeem such prize would constitute a forfeiture on your part and the prize money would be re-circulated or donated to charity, whichever is the case. 1For casinos, I think it depends upon the ToS and their rules/regulations about lotteries. They have their specific mandates and rules on how long the prize would be valid for redemption. As far as I know, the redemption period has a lifespan of at least <12 months in order to fully receive your prize.
1 https://www.moneymax.ph/personal-finance/articles/lotto-jackpot-philippines#:~:text=How%20Long%20to%20Claim%20PCSO,prize%20before%20it%20gets%20forfeited.
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Yatsan
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July 03, 2023, 04:18:38 PM |
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Not quite sure but if I'm not mistaken there's a code in every ticket or such that tickets are numbered which could be a factor especially with land based lotteries. Also, it would be impossible that lottery providers would allow people to have such advantage right? So more likely there's an expiration. With regards to online platforms, I think same thing goes for it. It is simply the edge or advaantage from doing so in which providers cannot allow to happen but on the other hand there's a slight tendency for such lottery combination to be doubled, trippled or more (well winners would have to split the prize in most instances therefore, this is not subject to bankruptcy.) At the end of the day, lotteries won't make it possible for them to be pushed due to their own scheme perhaps being condifent that the number of bettors and the amount they are getting, is still sustainable to the platform or provider itself.
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so98nn
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July 03, 2023, 04:30:54 PM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
Which website you are talking about? There are thousands of website with the lottery system. I’m sure everyone must be having their own workflow when it comes to defining the timeline. For example, if you check feebitcoin then you will their lottery tickets can be accumulated until the prize is drawn. It’s simple lottery with weekly cycle so I am sure it’s valid only for that particular period of time. However there could be another tickets such as GT which are valid for period of six months. So in that case that would be by default valid for six months. The website which you talking about should have such rules, better check and play along.
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noormcs5
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July 03, 2023, 04:37:15 PM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
It really depends upon lottery to lottery and every lottery will have different rules of their tickets expirations. I know there are few physically lottery which will be valid for 3 to 6 months but online lotteries have much lower durations. Its always better to read the term and conditions of the lottery where you want to participate and you will get to know about their expiration. Also mostly casino will not refund you the money, even if you do not claim any rewards.
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Wapfika
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July 03, 2023, 04:45:14 PM |
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Yes, you read that accurately.
If I buy several lottery tickets and then leave my account dormant for a long time, say at least 6 months, and my ticket wins the jackpot during that time. Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?
It's just a thought I've had for a while and decided to ask here in the community.
If you are pertaining on physical lottery then it has an expiration since the jackpot prize needs to be claimed within the duration date or else it will be add back on prize pool since your tickets is considered loss if you didn’t claim immediately. Check the specific duration dates on your lotto website to make sure te]he specific duration because they have different duration date based on the type of lotto that you are playing. But online casino lottery obviously doesn’t have expiration date since your reward is automatically claimed and sent to your wallet once the result is out and prize settled.
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cabron
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July 03, 2023, 04:54:36 PM |
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It's best to give the information as to why you'd not gonna be around in at least 6 months, that's too long and the casino might consider you dead lol But I think if it's a crypto casino, they will just credit the amount to your account if you win.
Let's say it's an offline casino, there is an expiration as they said. Sad that no one will claim your jackpot. For 6 months, what would you do by that time, jailed and you don't trust anyone?
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Porfirii
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July 03, 2023, 05:00:02 PM |
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Wait again, if it is an online lottery such as offered by a casino then I think the reward is automatically credited to your accounts -snip-
That's the clue of this topic. What many are calling "physical lotteries" expire because nobody claims the prize in a certain time (90-180 days), but this is not how online casinos work. There, as rewards are automatically credited, there is no need to claim anything, so this rule makes no sense. Yes, inactivity can still pose a problem, but the deadline for it to happen is usually much longer. So now, answer this question: what do you prefer, finding in a drawer an old lottery ticket dated last year and worth 100 millions, or a hardware wallet you forgot about in 2015 which contains 3 BTC? Many people don't know that lottery tickets expire, so I hope that after reading this thread you know the right answer.
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