BILL REQ. #:  S-3770.1 

Read first time 01/19/12.   Referred to Committee on Ways & Means.

     AN ACT Relating to directing unclaimed lottery prize money to the general fund; and amending RCW 67.70.190.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1   RCW 67.70.190 and 2009 c 564 s 949 are each amended to read as follows:
     Unclaimed prizes ((shall)) must be retained in the state lottery account for the person entitled thereto for one hundred eighty days after the drawing in which the prize is won, or after the official end of the game for instant prizes. If no claim is made for the prize within this time, all rights to the prize ((shall be extinguished, and the prize shall be retained in the state lottery fund for further use as prizes, except that one-third of all unclaimed prize money shall be deposited in the economic development strategic reserve account created in RCW 43.330.250.
     On July 1, 2009, June 30, 2010, and June 30, 2011, all unclaimed prize money retained in the state lottery fund [account] in excess of three million dollars, excluding amounts distributed to the economic development strategic reserve account, shall)) must be transferred into the state general fund.