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I have $300 to "invest" in NY lottery scratch offs- what's my best strategy?

  • I play the $2 Win For Life scratch offs and have saved up the winning tickets for the past year or so. It seems only right to regamble it on scratch offs- and go big. Got any advice? Do you think I should buy 15 $20 scratch offs, 30 $10 scratch offs, or something else, and which ones should I play? Should I buy them all at the same place? How about buying them in the city versus a rural area? I know it's all really just a matter of luck, and the end result will probably be me out the $300, but please tell me any ideas you have. Thanks!

  • Answer:

    Check the odds on the back on the ticket. $2 scratch offs are usually 1 out of every 5.3 is a winner. So if I had that kind of money to buy scratch offs, I would buy tickets by 6. One is guaranteed to be a winner. My boyfriend and I tried this out once, with the Bingo $2 scratch offs. I forgot what the odds were, it was 1 in 4.6 or something. We bought 4 (though we should have bought 5) and scratched off two each. One of mine was a loss, but the other was a $2 winner. One of his was a loss, but the other was a $50 winner. We were ahead $48. I wouldn't invest in scratch offs though. Try the bingo hall. Your chances are better (because it isn't set up, it is a matter of getting the numbers or not), and you only spend $20-$30 each time you go. In Michigan, the bingo halls have a Michigan Progressive, and you buy bingo cards for that game and the prize is sometimes all the way up to $4,000.

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You have a better chance on sticking it in the bank and making interest then losing it all on the lottery! Your chances are slim even with only 300 bucks.

ღ*Pink Cat *ღ

i would 15 $ 20 dollar tickets from same place. odds are better to win on a string than on random ones.

bert

Take that $300 and buy 15 to 17 ounces of silver. Stick it under the mattress. In 10 years you will amazed at how smart you are.

Jim

give me the $300. and I will kick you in the butt...same as the lottery

Marty B

Before you "re-invest" this money, figure out how much you spent to accumulate $300 in "winnings". Chances are, it was over $500. If you hadn't "invested" that original money, you would be sitting there wondering how to wisely spend $500.

John F

It is near impossible to win. How much did you spend to even get the $300 in the first place. Go buy an iPod or something. They break down so often its kinda like the lottery with a one year warranty.

Tigershark_126

1. Go into the bathroom with your $300. 2. Flush $270 down the toilet. 3. Look at the $30 you have left. The results will be the same as "investing" in the lottery.

alanfromsocal

i think if you try buying a few in a row at the same store is good and check your odds for wining on each ticket (i think it's on the back) spend at most $150 which is half you can find something more usefull to do with the rest like put your money in a bank and invest in a CD (certificate of Deposit) and that way your not so tempted to spend the money and you gain a little from it

juliesan

buy some more bro, go to nz and buy some because you dont get taxed like americans...

kanE

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