Instant Lottery Tickets – LEARNING TO MAKE Money With Losing Lottery Tickets
Buying and scratching instant lottery tickets is a thing that almost everyone has done at one time 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. If I had spent my extra cash on instant lottery tickets through the years, I may have already 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 the state of Pennsylvania where I live, the first scratch off ticket arrived in 1975, and they have 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 $1 or a FREE ticket, so that was like throwing away my $20. You would believe 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 they say, “If you don’t 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 ahead of 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, plus 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 as low as $1 so when high as $20 each 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 greatly 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 Ohio, since 1974, the Lottery has provided a lot 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 each dollar spent on 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 in the form of commissions, incentives and bonuses. In every, more than 93 cents of every dollar stays in Missouri. It’s different for each and every state, but the lottery is quite beneficial despite the few problems it can cause to some, by means 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 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 could love to purchase your tickets from you. I’ve 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 easily could have a bag of losing instant lottery tickets I saw that they had on to the floor behind the counter. The clerk gladly gave them if you ask me, I took the tickets home and after checking through them all, 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 check 1 day and I noticed there was losing instant lottery tickets on the market on the eBay auction website. There are folks selling non-winning, so called ‘worthless’ lottery tickets on eBay continuously. I simply did a search now while writing this article, and I found over 100 different auction listings for them. Who buys Togel Online -winning lottery tickets ? Collectors.
Instant Lottery Ticket collecting is fast learning to be a big thing. There are groups and individuals all around the world, that love collecting lottery tickets. There are plenty of websites, discussion groups and forums now just for lottery ticket collecting. In fact there is a good new term or name for an instantaneous lottery ticket collector: LOTOLOGIST, and the instant lottery ticket collecting hobby is named: LOTOLOGY. To see 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.