ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

New York mom lost out on a massive $12 million lottery prize. She realized her blunder 31 years later

Janet Valenti wanted to get the money as anybody would but the unfortunate fate of the ticket barred her from claiming the money for thirty-one years. 
UPDATED OCT 7, 2024
Cover Image (Photo by Chip Somodevilla/Getty Images)
Cover Image (Photo by Chip Somodevilla/Getty Images)

After three decades of waiting, a woman from New York has stepped forward to share with local lottery officials that she was the person who never claimed $12 million from a 1991 Lotto jackpot. This news comes as a shock in a world full of people looking to earn more to lead the comfortable lives they dream of. Janet Valenti, 77, revealed she was the rightful owner of a $12 million New York Lotto jackpot that sat unclaimed for more than 30 years. Valenti wanted to get the money as anybody would. However, the unfortunate fate of the ticket barred her from claiming the money for thirty-one years. She says that she has won the ticket sitting on an end table next to her couch, among other lottery tickets, according to the lottery post. She believed she had checked all the tickets on the table, and thrown them in the trash before leaving the house with her kids to spend the weekend at a friend's house. 



 

Over the weekend, she was unaware she had tossed the winning ticket in the trash. When she returned, a friend informed her of a winning $12 million Lotto ticket sold in Staten Island. She soon discovered she had won after seeing the winning numbers in the newspaper. Upon arriving home, she rushed to retrieve the ticket from the garage but could not find it. 

"My next-door neighbor, who has never in her life, the whole time I lived there, ever put my garbage out for collection, she did," Valenti told the Staten Island Advance. This meant she could not scour through the trash as it had already been picked up. 



 

"I was a wreck," Valenti recalled to the Staten Island Advance. "I was sick for a long time over it."

On July 17, 1992, one year after the ticket disappeared, the Lotto jackpot went unclaimed and was returned to the state lottery fund. The unclaimed prize holds the record for being the latest in New York's history. At the time of the lottery the owner of the store, Carolina Cutroneo went about asking people if they had bought the winning ticket for over a year. "I think somebody, when they saw they'd won, died or never found out in the first place," she had said then. "In the beginning, we were putting up signs every day, but no one came forward. It's probably somebody who needs it."

Unsplash | Photo by Ryan Brooklyn
Unsplash | Photo by Ryan Brooklyn

At the time, many thought that the winner of the lottery ticket was an outsider. However, after all these years, it turns out that it was not true. 

Talking about the money, Valenti told the Staten Island Advance, "Given that kind of money, things can go bad." "That was a saving grace. Who knows what would have happened if I'd had that money? You read these stories, a lot of people win Lotto, and they drop dead. Maybe it was (Bruno) looking out for us to not have that kind of money." Despite her loss, she remains hopeful of winning the lottery someday.

This article originally appeared 4 months ago.

MORE ON MARKET REALIST
The guest was a part of a band that was inducted into the Michigan Rock n' Roll Hall of Fame.
15 hours ago
Harrison called in an expert who was also fascinated by the cars, especially the toy Batmobile.
16 hours ago
The contestants could not believe that something so rare had worked for him.
18 hours ago
The entrepreneur did deliver on her promise, and the firm surpassed $35 million in revenue in three years.
19 hours ago
While Rick Harrison tried his best to get the most valuable coin in the world, he fell short.
20 hours ago
The painter who made the brilliant work of art came to the United States and fell in love with Alaska.
21 hours ago
The guest even dropped his cards and walked away in disbelief when he saw the board.
1 day ago
Jennings did acknowledge that he was being too harsh, but also said it didn't affect the outcome.
1 day ago
Fans believe that had the contestant taken the advice, they could have won a bigger prize.
1 day ago
Richard Benjamin Harrison was beyond disappointed, and his reactions were hilarious throughout.
1 day ago
While things went great for the founder Nikki Pope in the tank, her company couldn't keep up later.
1 day ago
The legendary host has a history of theatre performances, and that seems to be one of his passions.
2 days ago
The idea might have seemed weird at first but every single shark loved how it tasted.
2 days ago
The shark seemed to have the time of his life and even threatened Kevin O'Leary with the flames.
2 days ago
Jennings is loved by fans of the show ever since he became one of its most dominant contestants.
3 days ago
The founder didn't budge even an inch from the valuation that she found to be accurate.
3 days ago
The player later confessed that he went blank and gave the wrong answer.
3 days ago
She had no idea who the painter was and what it might be worth, so her shock was understandable.
3 days ago
She knew the answer long before the timer started ticking down and won a massive chunk of money.
3 days ago
The contestant made several errors while playing one of the show's most time-sensitive games.
4 days ago