Check List

Unclaimed prize money

Purpose

To secure unclaimed prize money before and after the end of the prize claim period.

Audit resources

Procedure

Verification

Document

Product

Detailed study list and method

-    Check if information and method for payout is defined in lottery act, law, regulation and announced at back image of ticket and lottery website.

-    Check if provisions of whole resource are conducted in the lottery issuing system for each payout with using unique reference number and validation number.

-    Check if the payout processes and regulations cover the entire prize payout period as well as the auditing of the final transfers upon game settlement including sales period and payout deadline.

-    Check if the payout processes ensure the rules covering printed lottery validity time, payout on lost and damaged tickets, inquiries into the validity of payout.

-    Check if the payout processes ensure that access control is strict and limited to that required in respect of records of unclaimed prizes.

-    Ensure that the payout processes ensure a reporting process in case of unauthorized access attempts.

-    Ensure that the payout processes ensure an escalation process for any incident or suspicious activity.

-    Ensure that the payout processes ensure that access logs and control data are subject to regular and frequent audit at least every twelve month.

-    Ensure that the payout processes ensure audit trails able to identify abnormal patterns of late payouts.