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 junk food. 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, whether it’s food or gambling one must do it in moderation, and that is often not easy to do.
Here in hawaii of Pennsylvania where I live, the first scratch off ticket came out in 1975, and they have been a big hit every since.
I have bought instant lottery tickets of every available price range in my own 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 perhaps a FREE ticket, so that was like throwing away my $20. You would believe that with having to spend that much money, they would give everyone at least a FREE $1 ticket or something. I thought afterwards that I was kind of foolish for spending and losing the $20 using one ticket, but heck as the saying goes, “Unless you 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. THEREFORE I can say for certain, “yes, some people 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 were created and printed, then they are distributed to the lottery retailers throughout the state. Most small convenience stores offer instant lottery tickets, as well as the large chain stores. You can 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 help fund many different programs. For example 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 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 every 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 by means of commissions, incentives and bonuses. In every, more than 93 cents of each dollar stays in Missouri. It’s different for every state, but the lottery is very beneficial regardless of the few problems it can cause to some, by means of gambling addictions.
Most folks buy instant (scratch off) tickets, and if they don’t 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 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’ve seen losing lottery tickets sell for as high as $15 each, we were holding tickets that had no redeemable value. I once 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 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 that were $1 winners which 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 look one day and I noticed there is losing instant lottery tickets for sale on the eBay auction website. There are 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 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 over the world, that love collecting lottery tickets. There are several websites, discussion groups and forums now just for lottery ticket collecting. In fact there is even a new term or name for an instantaneous lottery ticket collector: LOTOLOGIST, and the moment lottery ticket collecting hobby is named: LOTOLOGY. To observe how big this hobby is now just visit your favorite search engine, such as GOOGLE, and do a seek out: lotologist OR lotology. And you could find many sites collecting, buying and selling used non-winning instant lottery tickets.