Instant Lottery Tickets : How to make Money With Losing Lottery Tickets

Buying and marring instant lottery tickets is something that almost everyone has done at one time or another. For some folks it’s probably something they do too much. I guess for me, the bad buying habit is processed foods. If i had spent my more money on instant lottery tickets over the years, I may have been rich by now instead of overweight. Like anything, whether it’s food or gaming one have to it in moderation, and that is often demanding to do.

In hawaii of Pennsylvania where I live, the first scratch off ticket came out in 1975, and they are a big hit every since.

I have bought instant lottery tickets of a available price range in my state. I buy 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, so that toto88 was like wasting my $20. You would think that with having to spend a whole lot money, they would give everyone at least a free $1 ticket or something. I thought afterwards i always was kind of imprudent for spending and losing the $20 on one ticket, but heck as the saying goes, “If you don’t play, you can’t win! inches, it was a gamble, and I didn’t win the period. I have known two individuals who each won near $20, 000 on instant lottery tickets. So i can say for sure, “yes, some folks do win it big. inches

Unlike the live lottery that is usually drawn by picking numbers, the moment lottery is pre-determined months ahead of it’s release. The tickets were created and printed, they’ll likely are distributed to the lottery retailers throughout the state. Most small convenience stores offer instant lottery tickets, as well as the large stringed stores. You can usually discover 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 far as $1 and – $20 each 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 help fund many different programs. For instance in Pennsylvania, the lottery is used to generate funds to benefit programs for the Commonwealth’s older residents. In Arkansas, 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 a dollar spent on the Lottery benefits education programs; 61. 6 cents goes back to players as prizes, 5 cents is used for management costs and 6. 1 cents goes to retailers in the form of commissions, pay outs and bonuses. In all, more than 93 cents of a dollar stays in Missouri. It’s different for every state, but the lottery is very beneficial despite the few problems it can cause to some, in the form of gaming addictions.

Most folks buy instant (scratch off) tickets, and if they don’t win anything, they throw the tickets in the rubbish. Did you know that every time you throw a losing instant lottery ticket in the rubbish, you are throwing money away? Yes, there are literally hundreds if not thousands of folks around the world that want to buy your tickets from you. I have seen losing lottery tickets sell for – $15 each, just read was tickets that had no redeemable value. I once went to a local convenience store and asked them if i could have a bag of losing instant lottery tickets I saw they had in the grass behind the counter. The clerk enjoyably gave them to me, I took the tickets home and after checking through them all, I found two that were $1 winners that were not redeemed, and I sold tenacious 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 all the time. I just now did a search now while writing this article, and I found over 100 different auction listings for them. Who buys these non-winning lottery tickets? Collectors.

Leave a Reply

Your email address will not be published. Required fields are marked *