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Current as of January 01, 2025 | Updated by Findlaw Staff
Unclaimed prize money for the prize on a winning ticket or share shall be retained for the person entitled to the prize for one hundred eighty days after the drawing in which the prize was won in the case of a drawing prize and for one hundred eighty days after the announced end of the game in question in the case of a prize determined in any manner other than by means of a drawing. If a claim is not made for the money within the applicable period, the money shall be transferred in the following amounts:
1. Fifty-five percent of the prize money shall be held in the state lottery prize fund for use as additional prizes in future games, except that if the amount of monies transferred by the commission pursuant to § 5-554, subsection H, paragraph 1 is less than $900,000 each fiscal year, the difference shall be transferred to the internet crimes against children enforcement fund established by § 41-199 and if the amount of monies transferred by the commission pursuant to § 5-554, subsection H, paragraph 2 is less than $100,000 each fiscal year, the difference shall be transferred to the victims' rights enforcement fund established by § 41-1727.
2. Thirty percent shall be transferred quarterly to the court appointed special advocate and vulnerable persons fund established by § 8-524.
3. Fifteen percent shall be transferred monthly to the tribal college dual enrollment program fund established by § 15-244.01. The amount transferred may not exceed $325,000 in any fiscal year.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 5. Amusements and Sports § 5-568. Disposition of unclaimed prize money - last updated January 01, 2025 | https://codes.findlaw.com/az/title-5-amusements-and-sports/az-rev-st-sect-5-568/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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