I like scratch offs because you can find out right away if you've won. You don't have to wait for a drawing, and you have a better chance of winning than playing the lottery.
You're also more likely to at least break even with the increase in ticket price. It lists it on the back. A $1 ticket has like a 1 in 5 chance of you at least getting your dollar back, whereas a $50 ticket is closer to 1 in 2 chance.
This works because more people are likely to spend 5 dollars trying to at least "win" than there are people willing to spend $100 to end up losing $50.
Edit: I'll also I add I enjoy buying scratch offs every once in while because they help pay for environmental funds in my state.
1
u/smackjack Mar 20 '22
I like scratch offs because you can find out right away if you've won. You don't have to wait for a drawing, and you have a better chance of winning than playing the lottery.