“The $14 million is the total amount of all unredeemed slot vouchers. Many are for nominal amounts,” commission spokesman Daniel Heneghan said. “I’ve been told that some are for as little as a penny. They are for very small amounts that customers, for whatever reason, never cashed in.”
The 11 casinos will split $7 million among them. However, the amount each casino receives will not be disclosed because the information is considered proprietary, Heneghan said.
The remaining $7 million will be deposited in the state Casino Revenue Fund, the pool of money that finances social programs for New Jersey’s senior citizens and disabled residents.
I’m sure I’ve contributed a few dollars to this fund. I’ll usually save my tickets and combine them if I’m staying at the casino for a while, but I often just eave my losing penny slot tickets near a slot or in the trash.
I did learn on thing from this article. I didn’t realize that there were specific programs that casino taxes funded. Nice to know where my money is going.
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