What Happens If No One Has Claimed The $1.3 Billion Lottery? - Lifestyle UG What Happens If No One Has Claimed The $1.3 Billion Lottery? - Lifestyle UG

What Happens If No One Has Claimed The $1.3 Billion Lottery?

A Mega Millions ticket bought in Illinois won the third largest jackpot of all time, but the winner hasn't come forward to claim their $1.337 billion prize yet.

“It's not unusual for a winner of this size to take a while to claim,” Illinois Lottery Director Harold Mays said Friday. "They're probably emotional"

If no one claims the prize within the time limit set by Illinois, which is 12 months, each state that played the game will get all the money it put into the unclaimed jackpot back.

The Illinois Lottery says that each state can use unclaimed lottery prizes for many different things.

The winner still has time to claim their prize, but they only have 60 days from the date of the drawing to decide whether they want to be paid in cash or over the course of a year.

Since the winning numbers were drawn last Friday (13-36-45-57-67, Mega Ball: 14), the winner has 53 days to decide.

If the winner chooses the annuity option, they will get $1.337 billion every year for 29 years. If the winner wants cash instead of the prize, they will get about $780.5 million.

Mays said in a statement on Friday, "We will work closely with the winner to respect any privacy requests and help them in any way we can to make winning a good experience."

At the time they claim their prize, the winner can ask that their name and where they live not be made public.