Buying and scratching instant lottery tickets is a thing that almost everyone has done at one time or another. For a few folks it’s probably something they do too often. I guess for me personally, the bad buying habit is processed foods. EASILY had spent my extra money on instant lottery tickets over time, I may have already been rich by now rather than overweight. Like anything, be it food or gambling one should do it in moderation, and that is often not easy to accomplish.
Here in hawaii of Pennsylvania where I live, the first scratch off ticket came out in 1975, and they have already been a big hit every since.
I’ve bought instant lottery tickets of each available price range in my own state. I usually buy the $1 – $2 tickets, but from time to time I buy a $5 – $10 ticket, and one time, I purchased a $20 instant ticket. I won nothing on the $20 ticket, not $1 or a FREE ticket, in order that was like throwing out my $20. You would believe that with needing to spend that much money, they might give everyone at least a free of charge $1 ticket or something. I thought afterwards that I was kind of foolish for spending and losing the $20 on one ticket, but heck as they say, “If you don’t play, you can’t win !”, it had been a gamble, and I didn’t win that point. I’ve known two individuals who each won near $20,000 on instant lottery tickets. So I can say for sure, “yes, some folks do win it big.”
Unlike the live lottery that’s 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 throughout the state. Most small convenience stores offer instant lottery tickets, and also the large chain stores. You can usually find them in a vending machine with multiple styles and price ranges to choose from, or they’re at the cashiers area on the counter or behind a shielded section. Instant lottery tickets sell for as low as $1 and as high as $20 each in most states of the U.S. however, many states could have tickets that sell for a lot more than $20 each.
States do instant lotteries to greatly help fund many different programs. For instance 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 necessary for Ohio’s public education. In Missouri, approximately 27.3 cents of each dollar spent on the Lottery benefits education programs; 61.6 cents goes back to players as prizes, 5 cents can be used for administrative costs and 6.1 cents would go to retailers by means of commissions, incentives and bonuses. In all, more than 93 cents of each dollar stays in Missouri. It’s different for each state, but the lottery is quite beneficial despite the few problems it can cause to some, by means of gambling addictions.
Most folks buy instant (scratch off) tickets, and when they don’t win anything, they throw the tickets in the trash. Did you know each and every time you throw a losing instant lottery ticket in the trash, you’re throwing money away ? Yes, you can find literally hundreds if not thousands of folks around the world that could love to purchase your tickets from you. I have seen losing lottery tickets sell for as high as $15 each, these were tickets that had no redeemable value. I once visited a local convenience store and asked them if I 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 them all, 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 going 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 on the market on the eBay auction website. You can find folks selling non-winning, so called ‘worthless’ lottery tickets on eBay at all times. I just did a search now while writing this article, and I came across over 100 different auction listings for them. Who buys prediksi sdy -winning lottery tickets ? Collectors.
Instant Lottery Ticket collecting is fast becoming a big thing. You can find groups and individuals all around the world, that love collecting lottery tickets. There are various websites, discussion groups and forums now simply for lottery ticket collecting. Actually there is even a new term or name for an instantaneous lottery ticket collector: LOTOLOGIST, and the moment lottery ticket collecting hobby is named: LOTOLOGY. To observe how big this hobby is now just visit your favorite internet search engine, such as GOOGLE, and do a search for: lotologist OR lotology. And you could find many sites collecting, selling and buying used non-winning instant lottery tickets.