Buying and scratching instant lottery tickets is a thing that almost everyone has done at once or another. For a few folks it’s probably something they do all too often. I guess for me personally, the bad buying habit is processed foods. EASILY had spent my extra cash on instant lottery tickets over time, I may have been rich by now rather than overweight. Like anything, whether it’s food or gambling one must do it in moderation, which is often not easy to do.

Here in the state of Pennsylvania where I live, the initial scratch off ticket arrived in 1975, and they have already been a big hit every since.

I’ve bought instant lottery tickets of every available price range in my state. I usually buy the $1 – $2 tickets, but from time to time I purchase a $5 – $10 ticket, and one time, I purchased a $20 instant ticket. I won nothing on the $20 ticket, not even $1 or a FREE ticket, in order that was like throwing out my $20. You would believe with needing to spend that much money, they would give everyone at least a FREE $1 ticket or something. I thought afterwards that I was kind of foolish for spending and losing the $20 using one ticket, but heck as they say, “If you don’t play, you can’t win !”, it was a gamble, and I didn’t win that time. I’ve known two individuals who each won near $20,000 on instant lottery tickets. So I can say for certain, “yes, some people do win it big.”

Unlike the live lottery that is usually drawn by picking numbers, the moment lottery is pre-determined months ahead of it’s release. The tickets are designed and printed, they are distributed to the lottery retailers through the entire state. Most small convenience stores offer instant lottery tickets, in addition to the large chain stores. You can usually see them in a vending machine with multiple styles and prices to choose from, or they’re at the cashiers area on the counter or behind a shielded section. Instant lottery tickets sell for only $1 and as high as $20 each generally in most states of the U.S. however, many states could have tickets that sell for even more than $20 each.

States do instant lotteries to greatly help fund many different programs. For example in Pennsylvania, the lottery is used to create funds to benefit programs for the Commonwealth’s older residents. In Ohio, since 1974, the Lottery has provided more than $13 billion to public education. Annually, the lottery provides about 4.5 percent of the funding needed for Ohio’s public education. In Missouri, approximately 27.3 cents of each dollar spent on the Lottery benefits education programs; 61.6 cents dates back to players as prizes, 5 cents can be used for administrative costs and 6.1 cents goes to retailers in the form of commissions, incentives and bonuses. In every, more than 93 cents of every dollar stays in Missouri. prediksi hongkong for each state, but the lottery is quite beneficial regardless of the few problems it could cause to some, in the form of gambling addictions.

Most folks buy instant (scratch off) tickets, and if they don’t really win anything, they throw the tickets in the trash. Did you know each time you throw a losing instant lottery ticket in the trash, you’re throwing money away ? Yes, there are literally hundreds if not thousands of folks around the world that could love to buy your tickets from you. I have seen losing lottery tickets sell for as high as $15 each, we were holding tickets that had no redeemable value. I once went to an area convenience store and asked them easily may have a bag of losing instant lottery tickets I saw that they had on the floor behind the counter. The clerk gladly gave them if you ask me, I took the tickets home and after checking through all of them, I found two which were $1 winners that were not redeemed, and I sold the rest of the losing tickets for $30, and the store was just likely to throw them away.

Where did I sell them ? On eBay. I happened to look one day and I noticed there was losing instant lottery tickets for sale on the eBay auction website. There are folks selling non-winning, so called ‘worthless’ lottery tickets on eBay constantly. I simply did a search now while writing this article, and I came across over 100 different auction listings for them. Who buys these non-winning lottery tickets ? Collectors.

Instant Lottery Ticket collecting is fast becoming a big thing. You can find groups and individuals all over the world, that love collecting lottery tickets. There are lots of websites, discussion groups and forums now just for lottery ticket collecting. In fact there is a good new term or name for an instantaneous lottery ticket collector: LOTOLOGIST, and the moment lottery ticket collecting hobby is called: LOTOLOGY. To see how big this hobby is now just visit your favorite search engine, such as GOOGLE, and execute a seek out: lotologist OR lotology. And you could find many sites collecting, buying and selling used non-winning instant lottery tickets.

Leave a Reply

Your email address will not be published. Required fields are marked *