Buying and scratching Live Draw Sdy is something that almost everyone has done at one time or another. For a few 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 money on instant lottery tickets through the years, I may have already been rich by now instead of overweight. Like anything, whether it’s food or gambling one must do it in moderation, and that is often not easy to do.
Here in the state 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 something time, I purchased a $20 instant ticket. I won nothing on the $20 ticket, not $1 or perhaps a FREE ticket, so that was like throwing out my $20. You would believe with having to spend that much money, they might 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, “If you don’t play, you can’t win !”, it had been a gamble, and I didn’t win that point. I’ve known two individuals who each won near $20,000 on instant lottery tickets. So I can say for certain, “yes, some folks 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, they are distributed to the lottery retailers through the entire state. Most small convenience stores offer instant lottery tickets, as well as 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 are 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 in most states of the U.S. however, many states may have tickets that sell for even more than $20 each.
States do instant lotteries to greatly help fund many different programs. For example in Pennsylvania, the lottery can be 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 allocated to the Lottery benefits education programs; 61.6 cents dates back to players as prizes, 5 cents can be used for administrative costs and 6.1 cents would go to retailers by means of commissions, incentives and bonuses. In every, more than 93 cents of each dollar stays in Missouri. It’s different for each state, but the lottery is very beneficial despite the few problems it could 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 each 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’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 if I may have a bag of losing instant lottery tickets I saw they had on to 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 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 look 1 day and I noticed there is 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 constantly. I simply 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 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 simply for lottery ticket collecting. In fact there is even a new term or name for an instantaneous lottery ticket collector: LOTOLOGIST, and the instant lottery ticket collecting hobby is called: LOTOLOGY. To observe how big this hobby is now just visit your favorite search engine, such as GOOGLE, and execute a search for: lotologist OR lotology. And you may find many sites collecting, selling and buying used non-winning instant lottery tickets.