Instant Lottery Tickets – LEARNING TO MAKE Money With Losing Lottery Tickets
Buying and scratching instant lottery tickets is a thing that almost everyone has done at one time or another. For some folks it’s probably something they do all too often. I guess for me personally, the bad buying habit is junk food. If I had spent my extra cash on instant lottery tickets over the years, I may have been rich by now instead of overweight. Like anything, whether it’s food or gambling one must do it in moderation, which is often not easy to accomplish.
Here in the state of Pennsylvania where I live, the first scratch off ticket came out in 1975, and they have been a big hit every since.
I have bought instant lottery tickets of each available price range in my own state. I usually buy the $1 – $2 tickets, but once in awhile I purchase a $5 – $10 ticket, and something time, I purchased a $20 instant ticket. I won nothing on the $20 ticket, not $1 or perhaps a FREE ticket, so that was like throwing away my $20. You would think that with having to spend that much money, they might give everyone at least a FREE $1 ticket or something. I thought afterwards that I was sort of foolish for spending and losing the $20 on one ticket, but heck as they say, “Unless you 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 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 before 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 find them in a vending machine with multiple styles and price ranges to choose from, or they are at the cashiers area on the counter or behind a shielded section. Instant lottery tickets sell for as low as $1 so when high as $20 each in most states of the U.S. but some states may have tickets that sell for a lot more than $20 each.
States do instant lotteries to 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 a lot 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. เลขเด็ดออนไลน์ for each and every state, but the lottery is quite beneficial despite the few problems it can cause to some, in the form of gambling addictions.
Most folks buy instant (scratch off) tickets, and when they don’t really win anything, they throw the tickets in the trash. Did you know that every time you throw a losing instant lottery ticket in the trash, you are throwing money away ? Yes, you can find literally hundreds if not thousands of folks around the world that would love to purchase your tickets from you. I’ve seen losing lottery tickets sell for as high as $15 each, they were tickets that had no redeemable value. I once went to an area 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 to me, I took the tickets home and after checking through all of them, I found two that were $1 winners which 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 check one day and I noticed there is losing instant lottery tickets for sale on the eBay auction website. There are folks selling non-winning, so called ‘worthless’ lottery tickets on eBay on a regular basis. I simply did a search now while writing this short 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 several websites, discussion groups and forums now just for lottery ticket collecting. In fact there is even a new term or name for an instantaneous lottery ticket collector: LOTOLOGIST, and the instant lottery ticket collecting hobby is called: LOTOLOGY. To see how big this hobby is becoming just visit your favorite search engine, such as GOOGLE, and do a seek out: lotologist OR lotology. And you could find many sites collecting, buying and selling used non-winning instant lottery tickets.