http://tinyurl.com/37kgwk
www.boston.com/news/local/articles/2007/05/26/an_abrupt_end_for_collec
tors_who_turned_lottery_ticket_trash_into_cash?mode=PF
Today's Boston Globe. Mass Lottery cancels redemption of used tickets.
Anti-litter campaign bought 25 used tickets for 1 new ticket.
One AP gambler is quoted in article:
""There's a lot of people with tickets piling up in their garages,"
he said.
An elderly collector from Winthrop, who asked that her name not be
used because she didn't want her neighbors to know she collected
discarded tickets, said she had planned to redeem her 120,000
tickets -- or the equivalent of 4,800 new $1 scratch tickets -- this
month.
"I've got all these tickets, and I've wasted a year of my life," she
said, fighting back tears."
The article also notes the EV for Mass. Lottery is .72 and a factoid
(not in article) that I was told is:
The Mass Lottery constantly monitors volume of ticket sales and
adjusts the EV accordingly. I was told that Lottery will reduce EV
until sales drop and then increase and then decrease etc.
And a .72 EV on average is (I am told) one of the highest in country.
haaljo in Boston (who has still not EVER bought a lottery ticket due
to Obsessive Compuslive Behavior potential :-))