It has been reported that last year in the state of Kentucky, $2.3 million worth of winnings on horse races went unclaimed -- and the rightful owners' losses are backstretch employees' gain

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A report by WKYT explains that the proceeds from any uncashed ticket which is over one year old gets directed into a health and welfare fund.

The report stated that there was $700,000 in uncashed tickets at Keeneland last year. There was also nearly $35,000 in unclaimed winnings from The Red Mile last year.

(With files from WKYT)