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Do you know the value of a lost, winning $100,000 dollar lottery ticket?

Asked by john65pennington (29258points) October 31st, 2010

So, you have checked the numbers and you have a winning $100,000 dollar lottery ticket. congratulations! You live in one state and the winning ticket is in another state. It’s the weekend and you cannot claim your money, until Monday. Over the weekend, your winning lottery ticket is lost. Gone. Vanished. You notify the Lottery Officials and they advise you to call the police. Here comes the bad news. The officer tells you that you have actually only lost $1 you paid for the winning ticket, not the $100,000! ! A police report is made. Question: Should the lost value of the winning lottery ticket, have been just for $1 or what the lottery ticket actually represented…....$100,000.00?

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