June 14, 2006

Who owns the lottery ticket?

Kevin buys a lottery ticket and mistakenly throws it away at the White Hen Pantry convenience store where he bought it. John, an elderly man who regularly goes through the trash there, finds the lottery ticket that's worth $1 million. He shows it to the store owner who remembers Kevin and calls him up.

Kevin dies a month later.

Who owns the ticket. Kevin's heirs or John?

Sounds like a law school question, doesn't it.

Well, the court ruled that lottery ticket is like cash. Possession is all that's required to prove ownership.

Now John calls up the heirs and offers them a third. That's $333,333.

They refuse saying they want half. They have nothing, the court has ruled against them, they turn down $333,3333. They want to appeal.

Some people never know when to call it a win.

"I told my lawyers to take my offer off the table and they get exactly zero," he said. "I'm not going to pay them one penny. They had their opportunity before and they were greedy."

Family Sues Lottery Ticket Finder

They would rather hire lawyers.

Posted by Jill Fallon at June 14, 2006 10:25 PM | Permalink