Instant Lottery Tickets – HOW YOU CAN MAKE Money With Losing Lottery Tickets
Buying and scratching instant lottery tickets is something that almost everyone has done at once or another. For a few folks it’s probably something they do too often. I guess for me personally, the bad buying habit is processed foods. EASILY had spent my extra money on instant lottery tickets over the years, 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, and that is often not easy to accomplish.
Here in hawaii of Pennsylvania where I live, the initial scratch off ticket arrived in 1975, and they have already 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 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 $1 or perhaps a FREE ticket, in order that was like throwing away 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 sort of foolish for spending and losing the $20 using 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’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’s usually drawn by picking numbers, the moment lottery is pre-determined months before it’s release. The tickets were created and printed, then they are distributed to the lottery retailers throughout the state. Most small convenience stores offer instant lottery tickets, and also the large chain stores. You can usually find them in a vending machine with multiple styles and prices 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 and as high as $20 each generally in most states of the U.S. however, many states could 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 is used to create 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 each 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 goes to retailers by means of commissions, incentives and bonuses. In all, more than 93 cents of each dollar stays in Missouri. Daftar Togel for every state, but the lottery is quite beneficial regardless of 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’re throwing money away ? Yes, you can find literally hundreds if not a large number 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, they were tickets that had no redeemable value. I once visited a local convenience store and asked them easily 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 that 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 continuously. I just 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. There are 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. Actually there is a good new term or name for an instant lottery ticket collector: LOTOLOGIST, and the instant lottery ticket collecting hobby is named: LOTOLOGY. To observe how big this hobby is becoming just visit your favorite search engine, such as GOOGLE, and do a search for: lotologist OR lotology. And you may find many sites collecting, selling and buying used non-winning instant lottery tickets.