Does lottery rewards expire?

[iv4n]

...
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. 

At Freebitcoin, like in some other online casinos, winnings get credited instantly. It's online...

But when it's come to offline lotteries and buying tickets it's different. Maybe a month or two ago I saw an article about some German lottery, after 3 years nobody collected the main prize and the money went back into the prize pool. Every big lottery has its own ToS, lottery tickets expire after some time, depending on the country it can be some short or long period of time...

Quick research:

Do lottery tickets expire UK?
We hope a lucky player comes forward in time but if a valid claim is not received within 180 days (around 6 months) of the draw date, the prize and any interest earned on it will go to benefit National Lottery Projects across the UK.

I just checked, and in my country, it's 60 days:

The "State Lottery of Serbia" points out that the lucky winner has 60 days to contact them, and if he doesn't, he will lose the "lotto" millions he won.

[Fivestar4everMVP]

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?

If it's an offline casino, sure there will be an expiration since they will need the winners account information for the payment of the winnings, and one does not or should not expect them to wait for the winner that long..

But for online casinos, like you said, they will simply credit the winning to the users account, when ever the user comes online, he or she can withdraw the money, this is if the casinos is legitimate though, there are some online casinos where if they don't see the user online for like 3 to 6 months, they probably will assume the user no longer exist and withdraw the money.

[BitcoinPanther]

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.

In my country, it will take a full year before the claim expires.  So winners have 1 year at most to claim their winnings but I think every country has their own set of claim expiration so I may say it varies from country to country or if it is in an online platform, we can ask the support staff for that.  So yes lottery rewards expires depending on what is written on its terms.

[milewilda]

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 does really depend on a certain terms and conditions on each site but if we do speak about physical/local casinos then it would be playing around 90 to 120 days or max of 1 year before your winnings would be forfeited.
I dont have idea if this one would be applicable or been applied on online casinos about on how long those prizes would be forfeited but come in mind that once you do hit up a jackpot then they would definitely be crediting those winnings into your account automatically or on a specific period of time.If ever you wouldnt be able to claim it out then it would really be no problem  since those funds would really be just still on your account
and its up to yours whether you would be letting it sit there or it would be a waste if you totally forgotten about it. This is why we should really be mindful if ever we do make out some bets or gamble into our accounts
or simply being that mindful about our accounts that having some funds or active bets.

[coolcoinz]

You can google it, OP. In case of US lotteries it's usually 180 days to claim the money. In some cases it's 90 days, but no less than that.
In the UK national lottery it's 180 days and in the EU it's the same.

If you win an online lottery, the win is credited to your account and should be available as long as you have access to the account. If the casino is located in any of the above jurisdictions, the time co claim should be at least 180 days, or unlimited, although some sites can have a specific time to claim written in T&C.

[coin-investor]

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 casino or the company who owns the lottery's terms, the lottery is very popular here in our country and you only have one year to claim your prize one year after the draw, on online casinos you should ask the support or check the TOS, and I believe there is no refund of the ticket because in the first place you are at fault here for not claiming your ticket right away.
It's extreme laziness if you failed to check your ticket when you will only spend a few minutes to do so, it's your ticket to your dream so why fail to check it?

[Slow death]

you asked a very interesting question and it would be great if many casinos or sites that offer these lottery options would read your question so that they would go ahead and update their TOS to accommodate the rule of having a certain deadline for people to withdraw the lottery prize. in my opinion it is important that everyone who offers lottery tickets should put a deadline for people to claim their prizes, for example in my country the companies that have lotteries they put a limit of 120 days at most for the winner to go with their ID raise the prize

but there are other companies in my country that set the limit for withdrawing the prize something like 90 days, others have set 60 days and others 30 days, after the withdrawal limit time, the person will no longer withdraw the prize and the value of the lottery increases and if someone else wins the lottery, they will keep all the money. I think it's a fair measure. now for cases of online lottery there is no withdrawal limit, but I doubt very much that they will be waiting 30 days until the winner decides to show up to collect the prize

[Gozie51]

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.

This thread is very educative because I have seen some bettors who don't know about the topic, they feel if you have a winning lottery tickets that you can stay until eternity before going to cash it but that is false and this thread has become an eye to most that are not knowledgeable about it.

However for your moreorless easy puzzle that you want to unravel  if the lottery ticket is dated last year and we are on the 7th month this year which means there is possibility that the ticket may have expired because most lottery ticket don't stay longer than 6 months. So with the analysis of the chances of the ticket expiring, I would go for the 3BTC.

On the second analysis, if the ticket has not expired then I will go for 100 million (I assume this is $100,000,000). So I will use the money to invest in more btc .

[Casdinyard]

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 conventionally, both online and land-based lottery impose strict expiration dates on all tickets they issue, this is to ensure that every draw is made fresh and so people don't use old tickets with potential jackpots in them to get an unfair advantage against the competition. So you might as well use all of them in one go or at least before they expire. For land-based casinos it usually expires on the particular draw date and any further time will render the ticket void and invalid. Online lotteries on the other hand may impose lengthy expiration dates as much as they please. It's all about the system and what works best for these casinos really.

So again, you might wanna use those up before they become useless piles of paper or junk in your online inventory.

[Oasisman]

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'm 70% sure that lottery tickets has an expiry date and I guess 6 months might still within the time frame and it's still safe for your ticket from forfeiture. I guess the maximum will be 1 year after that your ticket are most likely going to be invalidated.
When your ticket gets a winning I dont think it will take you the whole 6 months before you claim your prize, you should never leave your account dormant since you can access online casinos anywhere. I think land based casinos these days has a website too where regular members can log in to their website for updates and account balances.

[dothebeats]

Depends on which lottery providers are you playing with.

If it's online lottery, they most certainly have a time period for you to collect your winnings. Same goes with physical lotteries - they have a period in which you collect your winnings, and if you do not collect it at that time period, that amount will either go back to the organization or be donated to certain charities. It depends mainly on the organization handling the lottery; they have different rules on claiming your prize.

[Wiwo]

Depends on which lottery providers are you playing with.

If it's online lottery, they most certainly have a time period for you to collect your winnings. Same goes with physical lotteries - they have a period in which you collect your winnings, and if you do not collect it at that time period, that amount will either go back to the organization or be donated to certain charities. It depends mainly on the organization handling the lottery; they have different rules on claiming your prize.

When it comes to online lotteries,  I have participated in quite a few of them in the past and their rewards are paid into you account on the casino you bought the ticket,  so long as you gat the winning number your rewards wi be credited into your account.
 
I do a good number of them and also lost some,  but in all it depends on the casino and before I buy any lottery ticket,  I always check to know what are the criteria and rules guiding their services.

[tusandii]

Depends on which lottery providers are you playing with.

If it's online lottery, they most certainly have a time period for you to collect your winnings. Same goes with physical lotteries - they have a period in which you collect your winnings, and if you do not collect it at that time period, that amount will either go back to the organization or be donated to certain charities. It depends mainly on the organization handling the lottery; they have different rules on claiming your prize.

Is there a lottery provider that provides convenience with unlimited time limits to be able to exchange prizes?
If there is, try to explain a little which provider makes it easy so that we can all buy lottery tickets there and collect more prizes if we are lucky?

From my personal experience, I have never known of a lottery provider that does not provide a specific time limit for exchanging prizes.
So far, every gambler will definitely immediately exchange prizes if the tickets he buys really win and whether in large or small amounts, they will be exchanged immediately.

[aioc]

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.

What's the reason for not checking if you won, you'll be regretting for the rest of your life, if the ticket expires and you win the top prize, can you just imagine life-changing money and you missed it, not everyone can win a lottery I know people who keep buying lottery tickets for the rest of their life and not hitting the jackpot.

Will anything happen to my prize money? Will the casino refund my money because I never claimed any of the rewards?

It's in their term but I believe you cannot ask for a refund I have not known lotteries that offer refunds after failing to collect, it's your fault, not theirs.

[notblox1]

But when it's come to offline lotteries and buying tickets it's different. Maybe a month or two ago I saw an article about some German lottery, after 3 years nobody collected the main prize and the money went back into the prize pool. Every big lottery has its own ToS, lottery tickets expire after some time, depending on the country it can be some short or long period of time...

With crypto bitcoin lotteries there is nothing to expire, only thing they can do is to ban your account for any reason if they want to keep your money.
I dont trust anything what government lotteries are telling us and they can do whatever they want because nobody is controlling them.
Any lottery needs to be provably fair and I heard many cases of making stuff heavier to select exact numbers they want.
With digital lotteries and computers this fake draws can only be easier now.

[goldkingcoiner]

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.

In my own knowledge, they do eventually expire, however the timeline of expiration is set differently from lottery to lottery. This is why reading the terms and conditions as well as a thorough examination of the rules is definitely a must. Lotteries may be regulated but they have waay too much leeway when it comes to setting arbitrary timelines and designing their own lottery rule framework.

But I would not go as far as to call them unfair or scammers. Since they are operating under the regulations laws they are given by their government...

I still believe that there should be a law which states that lottery rewards must have a minimum expiration timeline of a year or two. Maybe even longer.

[noormcs5]

I still believe that there should be a law which states that lottery rewards must have a minimum expiration timeline of a year or two. Maybe even longer.

For the casino point of view, they would never want the lotteries expiration to be that longer duration. They would ideally want the lottery duration to be of minimum duration and the reason for this is that one the lottery is expired people will be willing to buy another lottery and hence spend the money on lottery.

Contrary to this, if the lottery duration is years long, people will just hold on the lottery hoping they would get the reward and may not buy more lotteries in that time period.

[Hispo]

In the case of physical lotteries, I think they have got some limit of time before the ticket indeed becomes expired and you cannot longer claim the prize.
It sounds logical though, the lottery agency cannot hold the prize for ever because that would imply keeping a record of all the unclaimed money and the winner tickets, which is rather a hassle and a waste of money they could possibly use for future rewards and promotions.

[348Judah]

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.

Firstly know that winning a casino jackpot is different from winining a lottery, they both may have similar things regarding the huge amount you won and for you to leave such without claiming over time, now what determines your consequences depends on the rules and regulations that they have set for every claimant, if you're lucky enough that after six months you can still claim your money then it's better good for you, if their rules goes against that then you might just have risked losing the money, what i still don't understand is the possibility to this cause, if someone can gamble or apply for lottery without checking back to know the outcome.

[MainIbem]

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.

But why would you win and leave your prize at the first place and Is the casino your site or are you the co-founder?
Typically everyone who bought the lottery ticket and plays probably wins there are some specify time frame you would be given to come complain your winnings otherwise it could be withheld from you as the winner. But bear it that they always required their players to be more familiarize their ToS and of course every single players must read the team and conditions.