Instant Lottery Tickets – STEPS TO MAKE Money With Losing Lottery Tickets

Buying and scratching instant lottery tickets is a thing that almost everyone has done at once 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 time, I may have already been rich by now instead of overweight. Like anything, be it food or gambling one must do it in moderation, and that is often not easy to do.

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

I have bought instant lottery tickets of every available price range in my own state. I usually choose 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 $1 or perhaps 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 of charge $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, “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 people do win it big.”

Unlike the live lottery that’s usually drawn by picking numbers, the instant lottery is pre-determined months ahead of it’s release. The tickets are designed and printed, then 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. It is possible to usually see 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 generally in most states of the U.S. but some states may have tickets that sell for even more than $20 each.

States do instant lotteries to greatly help fund many different programs. For togel hongkong in Pennsylvania, the lottery is used to generate 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 is used for administrative costs and 6.1 cents would go to retailers by means of commissions, incentives and bonuses. In every, more than 93 cents of each dollar stays in Missouri. It’s different for every state, but the lottery is quite beneficial regardless of the few problems it could cause to some, by means of gambling addictions.

Most folks buy instant (scratch off) tickets, and if they don’t win anything, they throw the tickets in the trash. Did you know that each and every time you throw a losing instant lottery ticket in the trash, you’re throwing money away ? Yes, there are literally hundreds if not a large number 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, they were tickets that had no redeemable value. I once went to an area convenience store and asked them easily could have a bag of losing instant lottery tickets I saw 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 which were not redeemed, and I sold the remaining 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 1 day and I noticed there was losing instant lottery tickets on the market on the eBay auction website. There are folks selling non-winning, so called ‘worthless’ lottery tickets on eBay all the time. I simply did a search now while writing this short article, and I found over 100 different auction listings for them. Who buys these non-winning lottery tickets ? Collectors.

Instant Lottery Ticket collecting is fast learning to be 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 simply for lottery ticket collecting. Actually there is even a new term or name for an instant lottery ticket collector: LOTOLOGIST, and the instant lottery ticket collecting hobby is called: LOTOLOGY. To observe how big this hobby is now just visit your favorite internet search engine, such as GOOGLE, and do a seek out: lotologist OR lotology. And you could find many sites collecting, selling and buying used non-winning instant lottery tickets.

Leave a Reply

Your email address will not be published.

Related Post