Buying and scratching instant lottery tickets is a thing that almost everyone has done at once 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 time, I may have been rich by now instead of overweight. Like anything, whether it’s 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 already been a large 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 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 that with needing 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 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 time. I’ve known two individuals who each won near $20,000 on instant lottery tickets. So I can say for certain, “yes, some people do win it big.”

Unlike the live lottery that’s usually drawn by picking numbers, the instant 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, as well as 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’re at the cashiers area on the counter or behind a shielded section. Instant lottery tickets sell for as low as $1 so when high as $20 each generally 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 เว็บแทงหวย 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 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 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 could cause to some, in the form 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 that every time you throw a losing instant lottery ticket in the trash, you’re throwing money away ? Yes, you can find literally hundreds if not thousands of folks around the world that would 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. I once visited an area convenience store and asked them easily 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 all of them, 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 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 all the time. 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. You can find groups and individuals all around the world, that love collecting lottery tickets. There are many websites, discussion groups and forums now just for lottery ticket collecting. In fact there is even a new term or name for an instant lottery ticket collector: LOTOLOGIST, and the instant lottery ticket collecting hobby is named: LOTOLOGY. To see 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.

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