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INSTANT LOTTERY TICKETS – HOW TO MAKE MONEY WITH LOSING LOTTERY TICKETS

Buying and scratching instant lottery tickets is something that almost everyone has done at one time or another. For some 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 over the years, I may have already been rich by now instead of overweight. Like anything, be it food or gambling one must do it in moderation, which 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 big hit every since.

I’ve bought instant lottery tickets of each available price range in my state. I usually buy the $1 – $2 tickets, but from time to time I purchase 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 with having 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 kind of foolish for spending and losing the $20 on 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 have 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 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, along with 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 and as high as $20 each generally 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 help fund many different programs. For example 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 every dollar spent on 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 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 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 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 are throwing money away ? Yes, there are literally hundreds if not a large number of folks around the world that could love to purchase your tickets from you. I have seen losing lottery tickets sell for as high as $15 each, we were holding tickets that had no redeemable value. 바카라사이트 went to an area convenience store and asked them easily may 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 to me, I took the tickets home and after checking through all of them, I found two which were $1 winners which 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 continuously. I simply 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 becoming a big thing. You can find groups and individuals all around the world, that love collecting lottery tickets. There are various 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 moment 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 execute a seek out: lotologist OR lotology. And you will find many sites collecting, selling and buying used non-winning instant lottery tickets.

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