Can I Buy Lottery Tickets With Debit Card

Tin can you purchase lottery tickets with a credit bill of fare?

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The average U.South. millennial spends most $976 a year on lottery tickets. The allure of the lottery is understandable; for a few bucks, y'all have the chance to become wealthier. That said, the overall odds of winning a large sum of money—for instance, any Powerball prize—are i in 24.nine million.

In add-on to long odds, you lot may as well be restricted to certain payment methods if you purchase a lottery ticket. Before you lot endeavour to buy a lottery ticket with a credit card, here'due south what you need to know about state rules and the downsides of charging lotto on plastic.

Can you purchase lottery tickets with a credit card?

Sometimes—it depends where you live. There are a few reasons many states prohibit using your credit carte du jour for lottery ticket purchases.

There are about two dozen states that outright ban the use of credit cards to buy lottery tickets to forbid people from gambling with money they don't accept in their accounts.

In that location are also six states that don't even 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.

That leaves the following 21 states that permit the apply of credit cards to buy lottery tickets:

  • Arizona
  • California
  • Colorado
  • Delaware
  • Indiana
  • Idaho
  • Illinois
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Michigan
  • Missouri
  • Nebraska
  • New York
  • Ohio
  • Oregon
  • Rhode Island
  • Southward Dakota
  • Vermont
  • Washington

Although information technology's technically not prohibited to purchase lottery tickets with a credit card in these states, many land legislatures have complicated the matter. Yous can still exist barred from purchasing lottery tickets if a specific merchant decides they don't want to have credit card payments for lottery tickets.

For example, y'all can't get out and purchase lottery tickets with a credit card at Safeway. Tin can you lot buy lottery tickets with a debit card and then? Mayhap. But some retailers and states even prohibit debit cards for purchasing lotto tickets.

Reasons to avert buying lottery tickets with a credit menu

You lot probably won't earn rewards

Using a credit bill of fare for lottery tickets likely won't yield rewards for many types of rewards credit cards. This is because reward structures are usually based around points or cash back where gambling isn't an earning category. Yous'll need to check the terms and conditions of your specific credit card to find out whether you lot'll earn points or non.

Y'all're taking on debt to finance gambling

Information technology's like shooting fish in a barrel to get sucked into the promise of riches. Simply if you're using a credit card to pay for a take chances at winning the lottery, you're adding to your overall debt. If you purchase multiple tickets regularly, your yearly costs tin can quickly snowball.

If yous're struggling with debt to cover the price of your gambling, telephone call the confidential National Problem Gambling Helpline Network (1-800-522-4700), available 24/7.

Y'all'll get a improve render by investing or saving

Ownership low-risk stocks that you can expect steady growth from is a improve financial strategy than playing the lottery to assist yous abound your wealth. You tin can also put your money in a high-yield savings account or fifty-fifty merely into a regular savings account equally an emergency fund to aid you cover living expenses during a medical crunch or to pay for a car repair.

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Source: https://www.bankrate.com/finance/credit-cards/can-you-buy-lottery-tickets-with-credit-card/

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