Buying and scratching instant lottery tickets is something that almost everyone has done at once or another. For a few folks it’s probably something they do too often. I guess for me, the bad buying habit is junk food. If I 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 should do it in moderation, and that is often not easy to accomplish.

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

I have bought instant lottery tickets of every 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 something time, I purchased a $20 instant ticket. I won nothing on the $20 ticket, not $1 or a FREE ticket, in order that was like throwing out my $20. You would believe that with needing to spend that much money, they might give everyone at least a free of charge $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 they say, “If you don’t 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 folks 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 were created and printed, they are distributed to the lottery retailers throughout the state. Most small convenience stores offer instant lottery tickets, in addition to the large chain stores. You can usually find 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 and as high as $20 each generally in most states of the U.S. but some states may have tickets that sell for a lot more than $20 each.

States do instant lotteries to greatly 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 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 every, 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.

togel singapore buy instant (scratch off) tickets, and when they don’t win anything, they throw the tickets in the trash. Did you know that each and 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 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. I once visited an area 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 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 rest of the 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 on the market on the eBay auction website. You can find folks selling non-winning, so called ‘worthless’ lottery tickets on eBay on a regular basis. I simply 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 several websites, discussion groups and forums now just for lottery ticket collecting. In fact there is a good new term or name for an instant lottery ticket collector: LOTOLOGIST, and the moment lottery ticket collecting hobby is called: LOTOLOGY. To see 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, selling and buying used non-winning instant lottery tickets.