N.Y. Comp. Codes R. & Regs. tit. 9 § 5002.10

Current through Register Vol. 46, No. 42, October 16, 2024

Section 5002.10 - Unclaimed and abandoned prize money

(a) No prize claim shall be valid if submitted to the commission following the expiration of a one-year time period from the date of the drawing or from the close of the game in which the prize was won, and the person otherwise entitled to such prizes shall forfeit any claim or entitlement to such prize moneys. All unclaimed prize money shall be transferred to the State Lottery Fund as required by law.

(b) The commission may determine that a prize has been abandoned whenever more than 18 months have elapsed since a prize payment check was mailed to the last known address of the claimant and either such check has been returned undelivered and the claimant cannot be located or such check has not been returned undelivered and has not been presented for payment. Any prize so determined to have been abandoned shall be paid to the State Comptroller for administration pursuant to the Abandoned Property Law.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5002.10

Amended New York State Register April 10, 2024/Volume XLVI, Issue 15, eff. 4/10/2024