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. If I had spent my extra money on instant lottery tickets over time, I may have been rich by now rather than overweight. Like anything, whether it’s 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 initial 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 state. I usually choose the $1 – $2 tickets, but from time to time I purchase 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, so that was like throwing away my $20. You would think that with needing 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 using one ticket, but heck as the saying goes, “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 certain, “yes, some people do win it big.”
Unlike the live lottery that is 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, plus the large chain stores. It is possible to usually find them in a vending machine with multiple styles and prices 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 and as high as $20 each in most states of the U.S. however, many states could have tickets that sell for even 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 needed for Ohio’s public education. In Missouri, approximately 27.3 cents of every dollar allocated to 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 goes 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 every state, but the lottery is quite beneficial despite the few problems it could 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 time you throw a losing instant lottery ticket in the trash, you are throwing money away ? Yes, there are literally hundreds if not thousands of folks around the world that would 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 went to 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 to me, I took the tickets home and after checking through them all, 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 likely to throw them away.
Where did I sell them ? On eBay. I happened to check 1 day and I noticed there was losing instant lottery tickets for sale on the eBay auction website. You can find folks selling non-winning, so called ‘worthless’ lottery tickets on eBay on a regular basis. I just 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 keluaran hk , discussion groups and forums now just 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 see how big this hobby is now just visit your favorite search engine, such as GOOGLE, and execute a seek out: lotologist OR lotology. And you may find many sites collecting, selling and buying used non-winning instant lottery tickets.