THE LOTTERY TICKET CASE $($PART III$)$

"Extra! Extra! $-$ millionaire drawing"

United Charities has just completed the sale of all the lottery tickets that it had printed for this year's annual fund$-$raising sweepstakes. United Charities decided to have only a single grand prize of $$1$ million as it had in earlier years. In total, United Charities sold $10,000$ tickets at $$150$ each, thereby swelling its bank account by $$1\mathrm{.}5$ million. All tickets are identified only by number.

The drawing is to be held in $30$ days, at which time the $1$ winning ticket will be drawn. The holder of the winning ticket is entitled to the sweepstakes prize of $$1$ million. If the holder of the winning ticket does not come forward at the drawing to claim the prize, the terms of the lottery $($as printed on each ticket$)$ call for United Charities to publish the number of the winning ticket in the next day's edition of the local newspaper. The holder then has $90$ days to claim the prize. If no winner comes forward by the end of that time, United Charities is entitled to keep the $$1$ million prize money to apply to its charitable activities.

Should United Charities recognize a liability prior to the drawing? If so$,$ what is the amount of that liability?