Section 1614. Unclaimed and abandoned prize money  


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  • a. No prize claim shall
      be valid if submitted to the division  following  the  expiration  of  a
      one-year  time  period from the date of the drawing or from the close of
      the game in which a prize was won, and the person otherwise entitled  to
      such  prize shall forfeit any claim or entitlement to such prize moneys.
      Unclaimed prize money, plus interest earned thereon, shall  be  retained
      in  the lottery prize account to be used for payment of special lotto or
      supplemental  lotto  prizes  offered  pursuant  to  the  plan  or  plans
      specified  in  this  article,  or for promotional purposes to supplement
      other games on an occasional basis not to exceed  sixteen  weeks  within
      any  twelve month period pursuant to the plan or plans specified in this
      article.
        In the event that the director proposes to change any plan for the use
      of unclaimed prize funds or in the event the  director  intends  to  use
      funds  in  a  game  other  than the game from which such unclaimed prize
      funds were derived, the director of the budget, the chairperson  of  the
      senate  finance  committee, and the chairperson of the assembly ways and
      means committee shall be notified in writing  separately  detailing  the
      proposed changes to any plan prior to the implementation of the changes.
        b.    The  division  may  determine  that  a  prize has been abandoned
      whenever more than eighteen 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 by  the  United  States  postal
      service  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  pursuant  to  section  thirteen  hundred  fifteen  of   the
      abandoned property law.