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1.778 billion lottery prizes abandoned

2024-09-08

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recently, the ministry of finance issued the "announcement on the raising and allocation of lottery public welfare funds in 2023 and the arrangement and use of centralized lottery public welfare funds" (hereinafter referred to as the "announcement"), one of the data is particularly eye-catching:the bonus is not redeemed within the time limit.the announcement shows thatthe amount of overdue unredeemed prize money in 2023 reached 1.778 billion yuan.

source: screenshot of the ministry of finance’s official website

according to statistics, from 2019 to 2023, the amount of abandoned prizes each year was more than 1 billion yuan. in the past five years alone, the total amount of overdue lottery prizes unredeemed nationwide was more than 8.377 billion yuan.from the trend chart of national lottery sales and abandoned prize amounts in the past five years, it can be seen that the abandoned prize amount and the lottery sales volume of the year basically keep changing in the same direction. in 2021, the abandoned prize amount was 1.848 billion yuan, reaching a small peak in the past five years. in addition, compared with 2022, sales in 2023 rebounded and the abandoned prize amount increased simultaneously.

according to the lottery prize abandonment situation in various provinces and cities across the country in 2023, it can be seen that the number of abandoned prizes in guangdong, jiangsu, zhejiang, yunnan, sichuan and shandong is relatively high, all over 100 million. among them, the amount of abandoned prizes in guangdong province in 2023 exceeded 200 million. this may be due to differences in the number of permanent residents, living habits and lottery purchasing habits in various places.

why are there so many abandoned prizes?

based on the national market big data analysis, we found that the phenomenon of prize abandonment shows a certain pattern. from the perspective of geographical distribution,regions with higher lottery sales have relatively more abandoned prizes.in terms of gameplay,strategies with higher sales often come with higher abandoned prize amounts.

some people may wonder why it is so common to see so few reports about prize abandonment. in fact, the news reports we occasionally see usually only focus on the abandonment of high-value prizes such as first prize or second prize. in fact, there are more abandoned prizes of small prizes such as 5 yuan and 10 yuan. the accumulated total amount accounts for a higher proportion of the total abandoned prize amount than the total abandoned prize amount of the grand prize.

according to the survey, the main reasons for lottery buyers to abandon their prizes are failure to check the winning lottery tickets in time and damage or loss of the winning lottery tickets. especially during holidays, people's lottery buying habits may be disrupted due to factors such as buying lottery tickets in other places, traveling, lottery market closures, and the epidemic, which further increases the risk of losing, damaging, or forgetting to redeem lottery tickets.

where did the abandoned prize money go?

lottery prizes that are not redeemed after the deadline will be used to support the development of local social welfare undertakings.

abandoned prize money refers to the prize money that lottery buyers have not claimed after winning the lottery. in order to ensure that the abandoned prize money is more beneficial to lottery buyers, better utilize the prize money, and maintain the enthusiasm of lottery buyers to participate in public welfare undertakings, article 57 of the "detailed rules for the implementation of the lottery management regulations" promulgated and implemented by the ministry of finance stipulates that the prize money that has not been redeemed after the deadline will be included in the lottery public welfare fund, and will be settled and collected by lottery sales agencies and turned over to the provincial finance, and all will be retained for local use. in other words, the abandoned prize money is managed and allocated by the provincial finance to support the development of local social welfare undertakings.

how to avoid giving up the prize?

to avoid giving up your prize, you must do the following two things:

first of all, you must keep your lottery tickets properly.

the "lottery management regulations" stipulate that the winning lottery ticket is the only voucher for prize redemption. if the winning lottery ticket cannot be correctly identified due to contamination, damage, alteration, etc., or if the cover layer of the prize redemption area of ​​the paper instant lottery ticket cannot be torn off, there is no prize redemption symbol, or the security area is exposed, etc., the prize cannot be redeemed and will be considered abandoned. therefore, the lottery ticket must be kept well, moisture-proof, high temperature-proof, away from acid, alkali, alcohol and other dangerous goods, to prevent the lottery ticket from being damaged and unrecognizable.

secondly, keep in mind the lottery redemption period.

the "detailed rules for the implementation of the lottery management regulations" stipulate that lottery winners should claim their prizes within 60 natural days from the date of the lottery draw. if the last day is a holiday for all citizens as stipulated in the "national holidays and memorial days regulations" or the lottery market is closed, the claim will be postponed to the first working day after the holiday for all citizens or after the lottery market is closed. the "lottery management regulations" also clearly stipulate that failure to claim the prize within the deadline will be deemed as abandonment. therefore, it is necessary to check the numbers and claim the prize in time after the lottery draw.

kind tips

it's not easy to win a prize, but it's a pity to give up the prize

please keep your lottery tickets safe.

check if your lottery ticket has won

you can also go to the nearest sports lottery store and ask the salesperson to check the ticket through the machine.

don't blindly vote