be cut

アイオワ州の宝クジで、有効期限切れ2時間前にあった届け出をめぐって、騒ぎが波紋を広げています。ここのcutはどのような意味で使われていますか。b.m.さん、年をまたがないように注意して、解答してください。（ゼミ生 To To To）
Winner of $14.3 million Iowa lottery jackpot remains mystery
Updated 2h 57m ago
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IOWA CITY, Iowa (AP) – Iowa Lottery officials had more questions than answers Friday as they tried to unravel the stunning mystery behind a year-old winning ticket turned in less than two hours before Thursday's deadline for a jackpot worth up to $14.3 million.
Among the questions: Who actually bought the Hot Lotto ticket? Who are members of the trust that stepped forward to claim the prize less than two hours before it expired? Where was the ticket for 364 days, and why did the trustee risk sending it by FedEx to Des Moines one day before the deadline?
Here's what they know: Two attorneys with Des Moines-based Davis Brown Law Firm showed up at Iowa Lottery headquarters at 2:10 p.m. Thursday with the winning ticket before the 4 p.m. deadline. They represent Hexam Investments Trust, whose trustee is a lawyer and businessman named Crawford Shaw from the wealthy town of Bedford, N.Y. Shaw signed the ticket, which was validated as the winner, on behalf of the trust.
"It's amazing things were cut that close. What if something had gone wrong? What if there had been a snowstorm? It was down to the wire," said Mary Neubauer, a spokeswoman for the Lottery, which had installed a countdown clock, repeatedly issued public reminders about the ticket and had been making plans to give away Iowa's portion of the unclaimed jackpot. "We just continue to be thrilled that the ticket that came in does ultimately preserve the winner's ability to claim this prize."
http://www.usatoday.com/news/nation/story/2011-12-30/iowa-mystery-lottery-ticket/52295132/1