For instant games, the winner has 90 days from the announced end of game. For drawing-style games, players have 180 days after the date of the drawing to claim their prize for a winning ticket.
Yes, Lottery prizes can be shared. Winners can decide how to share the prize before they claim it. However, the Tennessee Education Lottery (TEL) will only issue one check for any prize won. The check can be issued to an individual, corporation, organization, partnership, trust, or estate. Any non-individual claim must provide documentation of authority to the TEL before the prize is paid. The TEL will accept Internal Revenue Service (IRS) Form 5754 if a group of individuals is claiming a prize. The form must be provided at the time the prize is claimed, and each of the group members will be subject to all applicable federal, state, and debt setoff withholdings and identification requirements. Please go to www.irs.gov to obtain instructions and Form 5754 prior to arriving at TEL.
In accordance with the Tennessee Education Lottery Implementation Law, the Tennessee Education Lottery Corporation releases the name, home state, and hometown of winners if an eligible request is received for such information.
A person who wins a Powerball, Mega Millions, or Lotto America jackpot has 60 days from the date the player becomes entitled to the prize to choose either the lump sum or annuity payment. Annuity payments for the Powerball, Mega Millions, and Lotto America jackpots will be paid in 30 graduated annual payments.
A Lottery prize is just like any other asset. You can pass any remaining annuity payments on to your heirs or to anyone else.
Lottery tickets are bearer instruments, just like cash. If you lose your ticket, anyone can claim it. It is always wise to sign your ticket immediately after purchase to identify it as yours and to help prevent someone else from cashing it, in the event that it is lost or stolen.