No action to recover winnings upon a wager made under this chapter or chapter 128C after November 15, 2001 shall be commenced after December 31 of the year following the year in which the wager was made, and no such winnings shall be paid by a licensee except pursuant to a judgment in an action so commenced or in settlement of an action. Within 90 days of said December 31, money held by a licensee for the payment of any such wager for the recovery of which no action has commenced within the time allowed in this section shall be deposited with the commission.
Monies from all unclaimed live wagers made pursuant to this chapter shall be deposited with the commission. Subject to the rules and regulations established by the commission, the commission shall deposit the unclaimed live wagers into the purse accounts of the racing meeting licensees that generated those unclaimed live wagers.
Mass. Gen. Laws ch. 128A, § 128A:5A