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 9 HOURS AGO
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
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. 
9 hours ago
The customer in a video explained how Walmart is pressuring customers into "downloading the app and getting the membership".
1 day ago
Sadler said while the anchor's job was a dream come true for her, the pay gap was too hard for her to swallow.
2 days ago
The notes with printing errors tend to be worth way more than the face value.
2 days ago
Her low-profile approach also stands in contrast to Bezos’s high-visibility commitments.
3 days ago
In 2022, a Kentucky woman claimed that picking up a dollar bill from the ground nearly killed her.
3 days ago
She shared a video that demonstrated how she got fed up with the slow-moving line at Walmart and decided to take action.
4 days ago
Choe shared the story of his multimillion windfall in an episode of CNBC’s The Filthy Rich Guide.
4 days ago
The H-E-B grocery store helped hundreds of customers amid a severe snow storm in 2021.
5 days ago
The dedicated teacher wanted to see his students through the final exams.
5 days ago
The man told the server that she was free to share the amount, thus the tip was split nine ways
6 days ago
The Home Depot staffer requests the individual's tax-exempt number, which the individual declines.
6 days ago
The story resonated with thousands of fans who made sure to set things right for the hardworking man .
6 days ago
She was only offered $6,600 as a “goodwill gesture” for being the winner. 
6 days ago
Perry's comments about splitting bills and the women being the breadwinner did not go down well with many.
7 days ago
Walmart worker confronts the return scammer, sparking a viral debate on ethical consumer behavior.
7 days ago
It even knocked off $3 billion from his own stake in Tesla as investors started taking out their money.
7 days ago
The 1975 "No-S" dime is missing the letter "S" which signifies it was struck at the San Francisco mint.
7 days ago
The video gained so much popularity that some users even advised Amazon that it could be their next commercial.
Sep 29, 2024