What happens if a prize is not claimed by a winner within a reasonable time?
The licensee must hold the unclaimed prize in trust for a period not less than twelve (12) months from the date the prize was to be awarded. At the end of the twelve-month period, if prizes are still unclaimed, the total amount of the prize held in trust, including interest, shall be included by the licensee in the net proceeds from the lottery event subject to the approval of the licensing authority.
