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08-28-2019, 11:38 AM
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#1
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Down for Whatever
User ID: 249525
Join Date: Jun 30, 2014
Location: The City of Championes!!!
Posts: 163
My ECCIE Reviews
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Instant Lottery/"Scratch Off" Tickets-A question
I really want to know if anyone *really* wins on Pennsylvania Instant Lottery tickets. I've been buying scratch offs for at least 20 years and the most I've ever won was 90$ some time around 2002. I think that they're a total sham, I hate that fuckin groundhog on the commercials, and just HOW have all the lottery proceeds come to "benefit older Pennsylvanians "??? I know this isn't necessarily hobby-related but it's been aggravating me for years now.
So...has anyone here had a fair amount of luck with them, because I'm about to stop playing them completely
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08-28-2019, 02:57 PM
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#2
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Registered Member
Join Date: Jun 20, 2014
Location: Pittsburgh
Posts: 23
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I used to feel the same way, but still played occasionally anyhow. Then last month i won 500 bucks. Been playing alittle more since. In fact, the other day a provider was running late and i bought 20 bucks worth to kill time while waiting and won 80. Gave it all to her lol, she must've been lucky
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08-28-2019, 03:07 PM
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#3
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Premium Access
Join Date: May 29, 2015
Location: Pittsburgh
Posts: 431
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Lottery proceeds are used to pay for property tax rebates that people over 65 are eligible for, assuming they meet certain income guidelines. Seniors are eligible to receive up to $500 (more in higher cost of living areas in the Philly and Pittsburgh areas) as a rebate for property taxes paid. Even renters are eligible, but lower income guidelines apply
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08-28-2019, 03:16 PM
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#4
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Premium Access
Join Date: May 29, 2015
Location: Pittsburgh
Posts: 431
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BTW, by all means stop playing the PA lottery completely. People do win but it’s a horrible bet compared to other options. It’s hard to say for scratchers, but I’d assume they’re not too different from the drawn number games in terms of odds. For instance a straight bet of $1 on the pick 3 pays $500. That represents only a 50% rate of return on money bet. That is, the lottery keeps 50% of money bet and returns 50% to bettors as winnings. By comparison casino slots typically return 80% or more, and returns of 90-95% can be had on table games. Even parimutuel bets on horse races usually return 83% for win bets and 70% for exotics (exactas, trifecta, etc). The lottery is a sucker bet.
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08-28-2019, 08:59 PM
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#5
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Valued Poster
Join Date: Nov 14, 2017
Location: Meadville
Posts: 371
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Its basically just another income stream for the state. Just another way to tax people, without calling it a tax.
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08-28-2019, 09:54 PM
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#6
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Valued Poster
Join Date: Mar 7, 2017
Location: north of the city
Posts: 821
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Ive hit 1000 a few times...
A guy in kittanning hit 3mil off a 30$ scratcher a few weeks ago.
A buddy had a cash 5 ticket in his jacket for weeks that ended up being worth 125k
A relitives father inlaw hit cash 5 for about the same.
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08-29-2019, 07:05 AM
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#7
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Account Disabled
Join Date: Feb 11, 2014
Location: Pittsburgh
Posts: 2,201
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Quote:
Originally Posted by Minka Fox
I really want to know if anyone *really* wins on Pennsylvania Instant Lottery tickets. I've been buying scratch offs for at least 20 years and the most I've ever won was 90$ some time around 2002. I think that they're a total sham, I hate that fuckin groundhog on the commercials, and just HOW have all the lottery proceeds come to "benefit older Pennsylvanians "??? I know this isn't necessarily hobby-related but it's been aggravating me for years now.
So...has anyone here had a fair amount of luck with them, because I'm about to stop playing them completely
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The gas station down the road from me just sold a 1.5 Million scratch off a few weeks ago.
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| 1 user liked this post
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08-29-2019, 10:17 AM
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#8
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Down for Whatever
User ID: 249525
Join Date: Jun 30, 2014
Location: The City of Championes!!!
Posts: 163
My ECCIE Reviews
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Quote:
Originally Posted by relaxedman
Its basically just another income stream for the state. Just another way to tax people, without calling it a tax.
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I've heard it colloqiually referred to at "the poor man's tax". Seems about right
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08-29-2019, 12:21 PM
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#9
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Valued Poster
Join Date: Feb 12, 2019
Location: Pittsburgh
Posts: 122
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They are not designed for you to make money from them..
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08-29-2019, 12:37 PM
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#10
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Account Disabled
User ID: 3741
Join Date: Dec 31, 2009
Location: On a stream
Posts: 2,967
My ECCIE Reviews
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I won 600 off a scratch off once. Still haven't broken even on what I've spent on them.
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08-30-2019, 06:45 AM
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#11
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Registered Member
Join Date: Jan 9, 2011
Location: Mckeesport
Posts: 15
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There is video on FB by MR Beast. He bought $50000.00 of scratch off tickets and lost about $17000.00 on them. He could have one ten million but didn't
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08-30-2019, 09:18 AM
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#12
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Valued Poster
Join Date: Oct 16, 2011
Location: Rivertown
Posts: 598
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Smoke the money. It's probably more useful that way.
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08-30-2019, 04:07 PM
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#13
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Account Disabled
Join Date: Apr 11, 2016
Location: north huntingdon
Posts: 849
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Sadly, most people who buy these things are those who can least afford it.
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08-30-2019, 07:55 PM
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#14
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,785
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Nothing ventured, nothing gained. IJS.
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08-31-2019, 02:51 AM
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#15
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Valued Poster
Join Date: Jan 13, 2017
Location: Pittsburgh
Posts: 827
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My Dad & I were talking about these a while ago.
Your odds of being attacked by a shark in Arizona are probably greater than winning a Million with scratch offs. Sure, some people just happen to get lucky and find that Big Money ticket.
My Dad even wondered how it benefited senior citizens, but Smarty just answered his question, which wouldnt benefit my parents at all since my Dad gets a pension. So he's not considered "low income".
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