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 processed foods. EASILY had spent my extra cash on instant lottery tickets through the years, I may have been rich by now instead of overweight. Like anything, be it food or gambling one should do it in moderation, and that is often not easy to do.
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 every available price range in my state. I usually choose 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 even $1 or a FREE ticket, in order that was like throwing out my $20. You would think that 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 kind of foolish for spending and losing the $20 on one ticket, but heck as the saying goes, “If you don’t play, you can’t win !”, it was a gamble, and I didn’t win that point. I’ve known two individuals who each won near $20,000 on instant lottery tickets. THEREFORE I can say for certain, “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, as well as the large chain stores. You can 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 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 greatly help fund many different programs. For instance in Pennsylvania, the lottery can be used to generate 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 every 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 in the form of commissions, incentives and bonuses. In every, more than 93 cents of every dollar stays in Missouri. It’s different for every state, but the lottery is very beneficial despite 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 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 a large number of folks around the world that could love to purchase your tickets from you. Keluaran HK ‘ve seen losing lottery tickets sell for as high as $15 each, they were tickets that had no redeemable value. I once went to a local convenience store and asked them easily may 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 all of them, I found two which were $1 winners that were not redeemed, and I sold the remaining 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 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 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 around the world, that love collecting lottery tickets. There are numerous 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 moment lottery ticket collecting hobby is named: LOTOLOGY. To observe how big this hobby is becoming just visit your favorite internet search engine, such as GOOGLE, and do a seek out: lotologist OR lotology. And you may find many sites collecting, selling and buying used non-winning instant lottery tickets.