I am changing phones from an iphone but i have still having money in my itunes.... What are my options for the blance in itunes??

Will i lose the money or will it just sit there in my itunes account???

From iTunes Gift balances :
You can't redeem or return iTunes Gift Cards, Gift Certificates, and unused store credit balances for cash except as required by law. If your jurisdiction allows for refund of redeemed gift balances, you can request a refund by contacting iTunes Store Support, selecting a support category and topic, and including the following information in your request detail:
Apple ID (this is your iTunes Store account name)
Store credit refund amount
Current shipping address
Additional information may be requested for verification purposes.
So you might be able to get it back

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