News Sections
How To Turn $5 Into $15,000
Updated May 5, 2013 12:03 AM | Filed under: Network Indiana
 Print    Archive    RSS

(INDIANAPOLIS) - The Indiana Lottery says it has spent more than a million dollars to make good on a $5 winning ticket that's now almost a decade old.

Tom Smith of Indianapolis bought the ticket in question in September of 1996. Scratching it off revealed smith had won five dollars, but he didn't collect until after the ticket's expiration date.

He claimed he couldn't have known the ticket was only good for 60 days after its purchase, leading to a ten-year court battle.

The state has now spent $450,000 in legal fees and been forced to set up a $600,000 fund to pay out other claims like Smith's. Instead of five bucks, Smith will now get $15,000.

« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW

1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2018 Ad-Venture Media, Inc. All Rights Reserved. and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback  |  Public File