Buying and scratching instant lottery tickets is something 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, the bad buying habit is processed foods. EASILY had spent my extra cash on instant lottery tickets over time, I may have already 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 hawaii of Pennsylvania where I live, the first scratch off ticket arrived in 1975, and they have been a large hit every since.
I’ve bought instant lottery tickets of each available price range in my own state. I usually choose the $1 – $2 tickets, but once in awhile I buy a $5 – $10 ticket, and something time, I purchased a $20 instant ticket. I won nothing on the $20 ticket, not even $1 or perhaps a FREE ticket, in order that was like throwing away 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 on one ticket, but heck as they say, “Unless you play, you can’t win !”, it had been a gamble, and I didn’t win that time. I have 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’s usually drawn by picking numbers, the moment lottery is pre-determined months before it’s release. The tickets are designed and printed, then they are distributed to the lottery retailers throughout the state. Most small convenience stores offer instant lottery tickets, along with 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 only $1 so when high as $20 each generally in most states of the U.S. however, many states may have tickets that sell for a lot more than $20 each.
States do instant lotteries to 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 necessary for Ohio’s public education. In Missouri, approximately 27.3 cents of every dollar allocated to 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 keluaran sgp , more than 93 cents of each dollar stays in Missouri. It’s different for each state, but the lottery is quite beneficial regardless of the few problems it can cause to some, by means 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 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 an area convenience store and asked them if I 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 that 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 check 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 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. There are 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. Actually there is a good new term or name for an instant 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 internet search engine, such as GOOGLE, and execute a search for: lotologist OR lotology. And you can find many sites collecting, buying and selling used non-winning instant lottery tickets.