PETALING JAYA - Almost RM20mil (S$8 million) of Magnum prizes goes unclaimed annually.
To help punters of their popular 4D Classic and 4D Jackpot games check their winnings, the company has now released a mobile app.
Magnum Berhad head of national operations Datuk Chan Chee Fai said the mobile app, the first of its kind in Asia, is aimed at resolving the 4-digit gaming industry's biggest headache.
"Although we do our best to publicise draw results by advertising in newspapers and posting in our outlets and online on our webpage, players still miss out on prizes that rightfully belong to them," Chan said in a statement.
Magnum 4D Classic and 4D Jackpot tickets are now being printed with a QR code which is recognised by the app, which made its debut on Tuesday.
The app, called Magnum 4D Live - Official App, can be downloaded from Apple's App Store or Android Play Store.
Chan said the company had transferred over RM100mil in unclaimed prize winnings to the Finance Ministry in the last five years.
He said that according to the Pool Betting Act 1967, unclaimed winnings older than six months must be surrendered and the prizes become unrecoverable.