Instant Lottery Tickets – STEPS TO MAKE Money With Losing Lottery Tickets

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Buying and scratching instant lottery tickets is something 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. EASILY had spent my extra money on instant lottery tickets over the years, 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 do.

Here in hawaii of Pennsylvania where I live, the first scratch off ticket came out in 1975, and they have already been a big hit every since.

I have bought instant lottery tickets of each available price range in my state. I usually buy the $1 – $2 tickets, but once in awhile I purchase 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 $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 had been 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’s usually drawn by picking numbers, the moment lottery is pre-determined months ahead of it’s release. prediksi sdy were created and printed, they are distributed to the lottery retailers through the entire 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 prices 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 and as high as $20 each generally in most states of the U.S. but some 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 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 every dollar allocated to the Lottery benefits education programs; 61.6 cents goes back to players as prizes, 5 cents is used for administrative costs and 6.1 cents would go to retailers in the form of commissions, incentives and bonuses. In all, more than 93 cents of every dollar stays in Missouri. It’s different for each state, but the lottery is very beneficial regardless of the few problems it could 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 each time you throw a losing instant lottery ticket in the trash, you are throwing money away ? Yes, there are literally hundreds if not thousands 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 visited an area convenience store and asked them easily could have a bag of losing instant lottery tickets I saw 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 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 check 1 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 on a regular basis. I just did a search now while writing this 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 becoming a big thing. There are groups and individuals all around the world, that love collecting lottery tickets. There are many websites, discussion groups and forums now simply for lottery ticket collecting. Actually there is a good 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 internet search engine, such as GOOGLE, and execute a seek out: lotologist OR lotology. And you can find many sites collecting, buying and selling used non-winning instant lottery tickets.

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