After winning $842.4 million from the lottery ticket sold at Food Castle in Grand Blanc earlier this year, no one has come forward to claim it yet. How is this even possible?

See Also: Saginaw Friends Share Huge Powerball After Double Win

It's wild to think that someone could be sitting on a ticket worth so much money and not even know they won. It's also possible that they're being smart (though doubtful) about the whole thing and figuring out their finances before claiming the money. There's also the unfortunate chance that the mystery person simply lost the ticket and didn't even realize they won.

The good thing is that the unknown winner still has plenty of time to claim their massive winnings. The person must claim their winnings by New Year's Day 2025.

What Happens to the Lottery Winnings if No One Claims It?

If no one claims the prize by New Year's Day 2025, the money will then go to the School Aid Fund. Does this mean Michigan schools will receive $842 million? No, it's very confusing as to how the money is actually distributed. However, some of the money will go to Michigan schools, while the rest will be distributed in ways that seem unclear to the public.

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According to ABC 12, Food Castle has a stake in the drawing as well, as they stand to gain a $50,000 payout solely if the winner comes forward.

If no one claims the $842 million, it would be the largest unclaimed jackpot ever in Michigan history.

Five Michiganians Whose Lives Were Ruined After Winning Big Lottery Jackpots

We all think winning the lottery would solve all of our problems. But you know what they say: "Be careful what you wish for."

Take a look at these five Michigan residents who won life-changing money from the Michigan Lottery. Unfortunately, all of their lives took a drastic turn for the worse after their wins.

Gallery Credit: George McIntyre

LOOK: The largest lottery jackpots in US history

Stacker compiled a list of the 15 largest lottery jackpots in U.S. history from news reports and lottery press releases. [This list is current as of July 25, 2023.]

Gallery Credit: Chandler Friedman

These Are the Places That Have Sold Million-Dollar Michigan Lottery Tix in 2023

From scratchers to state lotto games to the national lotteries, Michigan's got 42 new millionaires so far in 2023 thanks to the Michigan Lottery. Here are the stores that sold those winning tickets.

Gallery Credit: jrwitl