Unclaimed Monies

UK National Lotto

A huge number of individuals in the United Kingdom play the UK lottery each week in the hope that they can win that life changing jackpot. You would therefore assume that these individuals would be frantic to get hold of unclaimed monies immediately after the draw has finished seeing if their dreams have been realized. You may then be pretty amazed when I tell you that a considerable sum of lottery cash never gets claimed and finding unclaimed money becomes a bit of a problem.

The UK National lotto is constantly holding substantial amounts of lottery cash that they are just waiting to be claimed. In only the five month period from September 2008 to February 2009 just under £4 million still remains unclaimed by players of just the UK lotto game. These are not just a group of small prizes either; there are many exceeding £10,000, a handful over £100,000 as well as one prize of £1.5 million.

If you have gone to the effort to play the UK National lottery, make a habit of checking your ticket numbers as soon as the draw has taken place. If you are lucky enough to win a prize, claim it as soon as possible because the UK lottery rules state that any unclaimed monies that has not been claimed within six months will be forfeited.

The biggest reason specified by lottery players as to why they do not claim their lottery wins is because they have lost their tickets. I’m convinced that nearly all of us have lost a lotto ticket along the way and have desperately attempted to get hold of it in time for the draw but with little luck.

Depending on the amount of your unclaimed money, there are different ways in which you claim your prize. If your prize is less than £200, you can pick up your cash from any UK lotto retailer in Britain. When your cash payout falls between £200 and £500 some lotto retailers may still pay out a cash sum of this size but for those who decide against this you will need to claim your prize at the post office instead.

When you have to claim UK lotto prizes of between £500 and £50,000 again the post office can be used as your port of call. You will have to complete a find unclaimed monies form, provide your lucky lotto ticket as evidence as well as show your proof of identification before being presented with a cheque for your prize. Cash prizes of this size can also be requested by mail from the UK lottery head quarters. Again you will have to fill out a claim form and send your winning ticket as proof of your win. If you elect to claim your winnings in this manner, photocopy your lotto ticket for your security and then send the ticket itself via recorded delivery.

When you are fortunate enough to be requesting a UK lottery prize in excess of £50,000, you have to visit one of the National lottery’s regional centres and make your claim in person.

If you want to steer clear of ever joining the long line of individuals missing out on claiming their UK National lotto winnings, it would be sensible to set up a lottery ticket subscription with the UK National lottery directly. If you opt to do this, your lotto ticket payment will always be taken on time and you will be notified of any cash payouts coming your way shortly after each draw. Playing the lotto in this manner will ensure and protect you against any unclaimed monies that is owed to you.
 

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