Scratch ‘n Win, also known as Scratch Off lottery tickets are available everywhere and they are a lot of fun.BUT!The majorityof prizes just give your money back, a $2.00 profit, or maybe only a free ticket.Cheap prizes exist so that players can get excited and say “Hey! I won $2.00!”  (As if that is something significant.) They advertise “Chance of winning 1 in 3!”  It is helpful to understand that petty prizes are paid frequently in the game just to make the odds of winning look better.

If I scratch a $5 ticket and see “congratulations $5 winner” — How is that really winning anything?

In my opinion they should discontinue these types of petty prizes. How many people will buy a scratch ticket for the purpose of winning their money back?  It doesn’t make sense. We’re all out there to at least double our money.  I wouldn’t mind getting scratching more losing tickets if that meant that I’d have better chances of getting bigger prize over the long term.

For instance, say I buy 25 tickets over the course of a three month period.

Instead of getting 8 winning tickets giving me my money back, I’d prefer to get one winning ticket with 8X the money!

Scratch lottery tickets that would do that wouldn’t sell as well though, and the lottery organizations know that. .  If you won one big prize out of every 25 tickets, you’d probably be less likely to buy 25 more tickets over the following three month period.  They know that if you experienced a loss 20 consecutive times, you’d stop buying tickets;  it is that simple.

Obviously, the current system is by design. They want you to get the illusion that by winning more often, that the big one is just around the corner.

Moral of the story? When you’re feeling lucky, play the ball drawn lotteries, like the Pick 6, or Lotto 6/49, etc. These lotteries will net you a few million dollars if you win big. Unlike the scratch off tickets where the largest prize is only $25,000, sometimes less.   You get better value for your money by buying one of those ball drawn lotteries instead.

What do you think?

Option 1) Would you rather win less often, but get bigger prizes?

OR

Option 2) Would you rather win more often, but get much smaller prizes?