Lottery Money Goes Unclaimed

lottery2More than $125 million in winning prize money has gone unclaimed since the Tennessee Lottery began more than a decade ago on Jan. 20, 2004.
That figure includes $14.3 million left on the table by winners during the fiscal year of 2013-14 ending June 30.
The figure does not include the unclaimed prize of $2 million from a winning Powerball ticket purchased Nov. 26 at a Nashville store, or two $1 million prizes unclaimed so from the Memphis area this fall.
So what happens to the unclaimed prize money?
By law, it goes to fund afterschool programs under the guidance of the Tennessee Department of Education.
Since 2004, the lottery has raised more than $3.1 billion for scholarships at Tennessee colleges.