Deadline set in Iowa lottery mystery

Iowa officials demand lottery winner step forward
Iowa Lottery CEO Terry Rich speaks during a news conference at the Iowa Lottery headquarters, Monday, Jan. 23, 2012, in Des Moines, Iowa.
AP Photo/Charlie Neibergall

It's a first for the Iowa lottery. Officials are demanding that a person claiming a "Hot Lotto" jackpot step out from behind lawyers and reveal his or her identity - or forfeit the prize.

At a news conference Monday, Lottery CEO Terry Rich set a Friday, 3 p.m. deadline for lawyer Crawford Shaw to provide key details about the identity and contact information of the person who bought the winning ticket at a Des Moines gas station in Dec. 2010, and the chain of custody of that ticket.

Shaw signed the ticked on behalf of a trust, and shipped it to a law firm in Des Moines that he retained on Dec. 29. Those lawyers produced the ticket less than two hours before it expired after having gone unclaimed for one year.

Rich said he would deny payment of the jackpot - worth either $7.5 million in cash, or $10.3 million after taxes after 25 years. "This is a classic example of what a prohibited player may do to go about claiming a prize," Rich said at the Monday news conference.

To see a report on this from CBS News correspondent Terrell Brown, click on the video above.