Lexington Kentucky's newest unclaimed winner ! Angela Redmond

This is a satirical website. Don't take it Seriously. It's a joke.

2059 49257 Shares

Have a Powerball ticket? You'd better check it carefully. Angela Redmond in Lexington Kentucky is a million dollar unclaimed winner.
Odds are that there will be a million-dollar winner in this week's Powerball lottery who will never know they won.
About $2 billion in lottery prizes go unclaimed every year. Many of those tickets are worth between $1 and $5, but some folks never realize that they have a life-changing prize in their pocket.

Roughly 114 prizes worth $1 million or more went unclaimed in 2015, according to Brett Jacobson. He developed an app called Lotto Lotto that alerts lottery players if they have a winning ticket. The app will soon work with retailers in every state that participates in the lottery to make claiming rewards easier for winners.
As part of the research to create the app, Jacobson requested lottery collection data from all of the state lottery commissions in the country.
Related: Your chances of winning Powerball just got worse
There actually tend to be more unclaimed prizes associated with a massive drawing like the current estimated $1.5 billion prize, he says. That's because when people hear that they didn't hit the big jackpot, they often neglect to check whether they won any smaller prizes, according to Jacobson.
"People don't even realize there are secondary prizes," he said.
Related: Powerball's made 67 millionaires since November
The $1 million prizes are paid immediately to the winners, minus the taxes.
But the huge jackpots like this week's prize are actually a mirage. To get that much, winners have to take payments over 30 years. However, winners rarely choose to do that. Instead, they take a smaller lump sum payment worth about one-third less than the advertised jackpot.
January 12
NEW YORK

Paid Content

Forget Your 401k If You Own A Home (Do This Instead)
Bills.com

Ask the Retirement Expert: If I Was a Stay-at-Home Mom, Do I Qualify for My Ex-husband’s Spousal Benefit?
Northwestern Mutual

The Longest 0 APR Card Has Just Hit The Market
NextAdvisor

The Fastest Way To Pay Off $10,000 Of Debt
NerdWallet

1 Simple Mistake Every Android User Makes Daily
Web Life Advice

Investor Alert - LOTE.
dailystockpicks
More from CNN Money
4 things the IRS doesn't want you to know
Can you actually become a millionaire on an average salary?
5 things to do with $200 that are better than what you're planning
Why New York's 'tuition-free' colleges will still cost $14,000
Recommended by
LENDINGTREEPaid Partner Content
Rates hit 3.12 APR (15 yr). Are you eligible?
Veterans Hit the Jackpot in 2017
Mortgage rates plummet. Lock in before they rise
NERDWALLETPaid Partner Content
The search is over. We found the best brokers for online trading.
Looking for a low-interest loan? Check out our review of Prosper.
Compare personal loan rates to find the best loan for you

Markets
Top News
Video
Investing
Economy
Technology
Companies
Media
Personal Finance
Retirement
Real Estate
Small Business
Autos
Luxury
My Account