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1.778 billion yuan, lottery prizes abandoned, why are there so many abandoned prizes? where did the unclaimed prizes go?

2024-09-09

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recently, the ministry of finance issued the "announcement on the collection 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"), in which one of the data is particularly eye-catching: overdue unredeemed prize money. the "announcement" shows that the overdue unredeemed prize money in 2023 reached 1.778 billion yuan.

screenshot of the ministry of finance’s official website

according to statistics, from 2019 to 2023, the amount of abandoned prizes was more than 1 billion yuan each year. in the past five years alone, the total amount of overdue lottery prizes 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 maintained 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.

it may be different from what many people imagine. in reality, it is not uncommon for lottery players to give up their prizes. in almost every lottery draw, there are lottery players who give up their prizes. the only difference is the amount, ranging from as little as 5 yuan to as much as tens of millions of yuan.

in recent years, the ministry of finance has issued an announcement on august 31 every year to introduce the previous year's lottery public welfare fund collection and allocation and the arrangement and use of the central lottery public welfare fund, including the amount of abandoned prizes. data shows that from 2018 to 2022, lottery players abandoned prizes of 2.513 billion, 1.811 billion, 1.528 billion, 1.848 billion, and 1.412 billion respectively, with a cumulative amount of 9.112 billion.the average annual abandoned prize money is 1.822 billioncompared with the total amount of lottery sales each year, the annual average of 1.822 billion yuan in abandoned prizes does not account for a large proportion, but the absolute number is "astronomical". especially for lottery players who abandon their jackpots, they may miss a once-in-a-lifetime opportunity to change their family's destiny, which is worthy of attention.

in fact, news reports usually only focus on the abandonment of high-value prizes such as the first or second prize. in fact, there are more abandonments of small prizes such as 5 yuan and 10 yuan. the accumulated total amount accounts for a higher proportion of the total abandoned prizes than the total abandoned prizes of the grand prizes.

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.

andlottery prize money that has not been redeemed within the time limit will be used to support the development of local social 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:the prize money that has not been redeemed within the time limit will be included in the lottery public welfare fund, which will be settled and collected by the lottery sales agency and then handed over to the provincial finance department, and all will be retained for local use.that is to say, the abandoned prize money is managed and allocated by the provincial finance department to support the development of local social welfare undertakings.

the ministry of finance's "announcement" shows that according to the lottery public welfare fund allocation policy approved by the state council, the lottery public welfare fund is allocated between the central and local governments at a ratio of 50% each, and is specifically used for social welfare, sports and other social welfare undertakings. it is included in the budget according to the government fund management method and is managed in two lines of fiscal revenue and expenditure. the provincial finance department will study and determine the allocation principle of the local retained lottery public welfare fund in consultation with the civil affairs, sports and other relevant departments. the central centralized lottery public welfare fund is allocated between the national social security fund, the central special lottery public welfare fund, the ministry of civil affairs and the general administration of sports at a ratio of 60%, 30%, 5% and 5% respectively.

in 2023, the total amount of lottery tickets issued and sold nationwide was 579.696 billion yuan.by institution, welfare lottery institutions issued and sold lottery tickets worth 194.441 billion yuan, and sports lottery institutions issued and sold lottery tickets worth 385.255 billion yuan. according to the current lottery management regulations, the lottery public welfare fund comes from the lottery issuance and sales revenue and overdue unredeemed prize money. among the lottery issuance and sales revenue, the proportion of lottery public welfare fund extraction varies according to different lottery varieties.

among them, in 2023, lotto number lottery raised 62.579 billion yuan in lottery public welfare funds, guessing lottery raised 51.985 billion yuan in lottery public welfare funds, instant lottery raised 23.804 billion yuan in lottery public welfare funds, keno lottery raised 11.218 billion yuan in lottery public welfare funds, video lottery raised 0.0032 billion yuan in lottery public welfare funds, and overdue prize money was 1.778 billion yuan.in summary, a total of 151.364 billion yuan of lottery public welfare funds were raised in 2023

in 2023, the central government will collect 75.405 billion yuan in lottery public welfare funds, plus 5.81 billion yuan in carry-over income from 2022, a total of 81.215 billion yuan. after review and approval by the national people's congress, the central government will allocate 53.521 billion yuan in lottery public welfare funds in 2023. according to the above distribution policy, combined with factors such as the surplus from the previous year,31.08 billion yuan allocated to the national council for social security fund to supplement the national social security fund; 17.261 billion yuan was allocated to the central special lottery public welfare fund for social welfare projects approved by the state council;2.59 billion yuan will be allocated to the ministry of civil affairs to support welfare for the elderly, the disabled, and children; 2.59 billion yuan will be allocated to the general administration of sports to implement the national strategy of national fitness, enhance the overall strength of competitive sports, and accelerate the construction of a sports power.in 2023, the surplus funds were recovered by 80 million yuan, and the central centralized lottery public welfare fund actually arranged expenditures of 53.441 billion yuan. taking into account factors such as the supplementary budget stabilization adjustment fund, the balance at the end of the period was 22.622 billion yuan.

for lottery players who have bought lottery tickets and won the prize, how can they 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.