Multi-Draw Tickets: What To Do If You Claim A Prize Before All The Drawings Are Done

Here’s a question we’ve gotten this week about a complication some players have had with tickets for multiple drawings in lotto games like Powerball® and Mega Millions®.

The players knew they’d won a prize in one of the early drawings on their ticket, so they went to a local store to claim their winnings. And that’s where a complication came in. I give the background involved below along with details about what you can do if you’re ever in the same situation.

If you’ve never heard of a multi-draw ticket before, here’s how it works: In our lotto games, you can buy a ticket for just the next upcoming drawing or for several drawings at a time. A ticket with plays for more than one drawing is called a multi-draw ticket. It’s a convenience factor in today’s busy times, and a lot of players use the multi-draw option to save on trips to the store.

If you buy a multi-draw ticket and win a prize before the last drawing on your ticket has been held, you can claim your winnings right away, either at a lottery retailer or a lottery office, depending on the amount you’ve won. When your multi-draw ticket is scanned by the lottery terminal, you'll be paid your prize or get a prize claim form (again depending on the amount you’ve won) along with an exchange ticket for the drawings you have left. Your original ticket will be kept by the retailer as part of the prize-claim process.

An exchange ticket has the word “Exchange” printed on it just above the plays. Be sure to look for that word to know you’ve received the exchange ticket. To help you identify an exchange ticket, I've included an image of one here in the Powerball game with the word "Exchange" highlighted.

In the past few weeks, we’ve heard from some players who either didn’t get their exchange ticket when it printed from the lottery terminal or were given back their original ticket. The mix-up meant that they initially couldn’t claim any additional prizes they might have won, and that’s why they reached out to us. The folks in our Security Department were able to research what happened and track down the right details to help. But as a consumer, it’s always best to avoid complications like that.

If you’ve won a prize, you’re obviously excited and want to claim it quickly. So, feel free to do just that! But if you won on a multi-draw ticket, be sure to get the exchange ticket for the remaining drawings you still have to go! 

(And, if you want to wait until all the drawings on your ticket have occurred before claiming your winnings, you're obviously welcome to do that. The details here about exchange tickets are helpful tips for those who want to claim their winnings early on.)  

Comments

[Mary Neubauer]

Hi, Dave. You are correct that withholdings apply to lottery winnings for prizes of more than $600. As you have described, you do have the option of purchasing plays on separate tickets. Having said that, all gambling winnings should be reported for tax purposes, so that is something that each person can discuss with their tax advisor or attorney.

[Dave]

the thing that is crap is if it's a pick 3 ticket you can win 350 dollars on a draw and if it's multi draw and you hit again for 350 it's a 700 dollar ticket you have to pay taxes on. That's bullcrap since you only won 350 twice and not 700 all at once. It has to be 600 to pay taxes and it's 2 different 350 dollar winners. That's not right!