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Can you buy lottery tickets with a credit card?

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  • Can you buy lottery tickets with a credit card?

    Can you buy lottery tickets with a credit card?

    You walk into a convenience store, choose your lottery ticket and prepare to pay for your purchase with a credit card. But there’s an issue: the cashier informs you that your credit card might as well be Monopoly money — she can’t accept it because of state law.Get more news about 彩票包网,you can vist

    But why is this the case? It turns out there are a few reasons many states prohibit using your credit card for lottery ticket purchases. We’ll explore a few of the reasons some states outlaw credit card lottery purchases, and why even if your state allows it, you should think twice before swiping for a chance at riches.

    The average U.S. millennial spends about $976 a year on lottery tickets. The allure of the lottery is understandable; for a few bucks, you have the chance to become wealthier. However, it’s hard for many people to understand just how small of a chance you have to actually win.

    Here’s a little help to put your odds in perspective: You have a better chance of winning an Oscar than seeing the numbers on a televised lottery broadcast match your ticket numbers. Besides the terrible odds, you may be restricted to certain payment methods if you purchase a lottery ticket. There are a few factors that will determine whether you can use plastic to buy tickets for popular lotteries like Powerball or Mega Millions.

    For example, there are about two dozen states that outright ban the use of credit cards to buy lottery tickets to prevent people from gambling with money they don’t have in their accounts. There are also six states that don’t sell lottery tickets because they don’t have state lotteries and don’t participate in multi-state lotteries: Alabama, Alaska, Hawaii, Mississippi, Nevada and Utah.
    Although it’s not explicitly prohibited to buy lottery tickets with a credit card in these states, many state legislatures have complicated the matter. You can still be barred from purchasing lottery tickets if a specific merchant decides they don’t want to accept credit card payments for lottery tickets. For example, you can’t go out and buy lottery tickets with a credit card at Safeway. In fact, some retailers and states even prohibit debit cards for purchasing lotto tickets.

    Can you buy lottery tickets with a credit card? Yes, with some restrictions regarding the state and store as mentioned above. The question to ask yourself is whether or not using credit is a responsible way to spend your money. Here are a few reasons why your money is better spent (or invested) elsewhere.