WV scratch off lottery tickets and the retailer | mid 90's edition.
February 12, 2014 12:18 PM Subscribe
As a teenager from 93-95 I worked at a somewhat shadily operated convenience store. When the owner would receive a shipment of scratch off tickets he would rip off 30 or 40 tickets and play them.
posted by jmsta to Grab Bag (16 answers total)
I vaguely remember him explaining the following:
1. He had to pay for the tickets up front at some price other than face value(I think they came in rolls of 500).
2. For winning tickets under $250.00 he had to pay the winner "out of the register".
3. Profit for a role of tickets was guaranteed to be more than the cost of purchasing the tickets + any pay out.
4. By playing some number of the tickets he potentially reduced the number of payouts he would have to make (i.e. hoping to come across a $100.00 winner) and could possibly win one of the bigger prizes for himself.
Is the process described in 1,2,& 3 accurate?
At that time could you only redeem tickets winning tickets at the store where you bought them?
While the odds of scratching off the first 40 tickets and coming out ahead seem pretty low would doing so have been illegal?