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. Live Draw SGP guess for me personally, the bad buying habit is processed foods. If I had spent my extra money on instant lottery tickets over time, I may have been rich by now rather than overweight. Like anything, be it food or gambling one must do it in moderation, which is often not easy to accomplish.
Here in hawaii of Pennsylvania where I live, the initial scratch off ticket came out in 1975, and they have been a big hit every since.
I’ve bought instant lottery tickets of each available price range in my own state. I usually buy the $1 – $2 tickets, but once in awhile 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 a FREE ticket, so that was like throwing out my $20. You would think that with having 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 the saying goes, “If you don’t 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. THEREFORE 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 ahead of it’s release. The tickets are designed and printed, then they are distributed to the lottery retailers throughout the state. Most small convenience stores offer instant lottery tickets, along with the large chain stores. It is possible to usually see 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 only $1 and as high as $20 each in most states of the U.S. however, many states could have tickets that sell for even more than $20 each.
States do instant lotteries to greatly help fund many different programs. For instance in Pennsylvania, the lottery can be 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 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 goes to retailers in the form 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 quite beneficial despite the few problems it can cause to some, in the form 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 that every time you throw a losing instant lottery ticket in the trash, you are throwing money away ? Yes, you can find literally hundreds if not a large number of folks around the world that could love to buy 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. I once visited 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 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 likely 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 on the market on the eBay auction website. There are folks selling non-winning, so called ‘worthless’ lottery tickets on eBay all the time. I just 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 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. Actually there is even a new term or name for an instant 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 internet search engine, such as GOOGLE, and execute a search for: lotologist OR lotology. And you can find many sites collecting, buying and selling used non-winning instant lottery tickets.