Published:
October 12, 2010 03:43 pm EDT
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
.
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)
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Any idea what WEG does with
Any idea what WEG does with the millions of dollars that are not claimed?
Wow. Good luck to the
Wow. Good luck to the backstretch employees. Seriously though, how could this happen to this extent?