Some gamblers are buying losing lottery tickets on eBay as a way to offset taxes on their gambling wins
Search “losing lottery tickets” on eBay and the site turns up something odd: stacks of worthless scratch-offs and instant tickets. Your choice if you want to pay by value or by weight: some listings offer a pound’s worth of losing lottery tickets from Pennsylvania for just $10, while others offer thousands of dollars’ worth of losing tickets, like Ohio lottery tickets worth $5,200 in losses, for $29.99.
Reported by 1 outlet — Fortune. See all sources ↓
Search “losing lottery tickets” on eBay and the site turns up something odd: stacks of worthless scratch-offs and instant tickets. Your choice if you want to pay by value or by weight: some listings offer a pound’s worth of losing lottery tickets from Pennsylvania for just $10, while others offer thousands of dollars’ worth of losing tickets, like Ohio lottery tickets worth $5,200 in losses, for $29.99. One listing even boasts $90,000 worth of losing Florida tickets for $575. Why would anyone drop more than five Benjamins for $90,000 worth of losing lottery tickets?
Read the full report at Fortune ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Search “losing lottery tickets” on eBay and the site turns up something odd: stacks of worthless scratch-offs and instant tickets. Your choice if you want to pay by value or by weight: some listings offer a pound’s worth of losing lottery tickets from Pennsylvania for just $10, while others offer thousands of dollars’ worth of losing tickets, like Ohio lottery tickets worth $5,200 in losses, for $29.99.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 14m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
Some gamblers are buying losing lottery tickets on eBay as a way to offset taxes on their gambling wins
Sources1TypeCoverageFortune