Rhode Island United States
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Quote: Originally posted by Dead_Aim on Feb 23, 2008
That is a good idea. Why not make an ATM that cashes lottery tickets only? If the winner is less than $599 then it cashes them, if it is more than $599, then it returns the ticket to you and tells you to take it to lottery redemption center. The machines could be set up in stores that have high traffic lottery purchases. That way you get your money for sure without having to worry if the store has enough to pay you.That would be nice.
I see no reason that could not be done.
there are $ costs involved with doing that...the vending machines that sell tickets only give out vouchers....you receving money will never be as easy as them taking it from you
United States
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...the stores will never make it easy for you to dry up their cash...they will annoy you..you say not cashing ten tickets straight...thats what it adds up to when a lot of people ask to cash in just one..you are looking at this only from your own end..try to look at it from the strore prespective
That's probably true in most cases for small stores but in NY at least all retailers are required to pay out a winning ticket that's less than $600. They even have an email contact to let them know if any retailer gives a customer a hard time. What most of us should expect is that the place you buy the ticket from have the courtesy to keep money on hand specifically for those winners. They know if it was purchased there or not by the agent code that's on each ticket. If they refuse to then they shouldn't be in the lottery business.
Rhode Island United States
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Quote: Originally posted by LottoBuster on Feb 23, 2008
...the stores will never make it easy for you to dry up their cash...they will annoy you..you say not cashing ten tickets straight...thats what it adds up to when a lot of people ask to cash in just one..you are looking at this only from your own end..try to look at it from the strore prespective
That's probably true in most cases for small stores but in NY at least all retailers are required to pay out a winning ticket that's less than $600. They even have an email contact to let them know if any retailer gives a customer a hard time. What most of us should expect is that the place you buy the ticket from have the courtesy to keep money on hand specifically for those winners. They know if it was purchased there or not by the agent code that's on each ticket. If they refuse to then they shouldn't be in the lottery business.
the lottery requires them to pay you but that doesn't necessarily mean pay you in cash...the store will prefer to pay you in money orders or other non cash methods...required to pay at the back of ticket doesn't automatically mean pay out cash...
United States
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If they're willing to pay by money order I guess that's ok. I'm only referring to my experience with a few convenience stores that didn't even want to do that but instead became hostile. I just did what others recommended and have taken my business elsewhere.
United States
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August 20, 2004
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Quote: Originally posted by benmas on Feb 23, 2008
there are $ costs involved with doing that...the vending machines that sell tickets only give out vouchers....you receving money will never be as easy as them taking it from you
So there is something like that? Vending machines giving out vouchers? I have never heard of that.
mid-Ohio United States
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Quote: Originally posted by benmas on Feb 23, 2008
the stores are not bingo halls, or racetracks whose sole purpose is gambling...so that comparison is not adequate...most neighborhood stores want to bring in cash at the end of the day instead of giving it away....also keep in mind that you are not the only one that cashes tickets at that particular store...a store owner doesn't want to pay everyone than end up with little cash and then wait till the lottery pays him at the end of month...they will give you the small amounts but they become reluctant at the big amounts because they don't want to dry up their cash in store..picking the right time of day is important also (when the stores will have money usually later in the day and not early morning)...you say you want to cash $73...most likely you will have no major trouble doing that..but i was saying for amounts in the hundreds money order is the best option...money orders usually take two business days to clear so its not that big a deal as far as waiting...you can combine your trip to bank with the day you have to go anyway to cash paycheck ...it is a trade off...you want the money quick you have to run around....the stores will never make it easy for you to dry up their cash...they will annoy you..you say not cashing ten tickets straight...thats what it adds up to when a lot of people ask to cash in just one..you are looking at this only from your own end..try to look at it from the strore prespective
"....also keep in mind that you are not the only one that cashes tickets at that particular store.."
The last time I matched 4+0 on a MegaMillions ticket and cashed it in at the place where I now buy most of my tickets, the clerk said that $150 win was the largest she had seen since working there for six months. That surprised me because there are usually other customers in line buying lottery tickets when I buy mine and they sell a lot of them, but apparently they didn't get a lot winners over a few dollars. I started buying my ticket there a couple of years earlier when the store where I bought a ticket that won $350 wouldn't cash it and they did. I know they are prepared to cash tickets up to $600 but they just don't see them that often.
* you don't need to buy every combination, just the winning ones *
Rhode Island United States
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Quote: Originally posted by Dead_Aim on Feb 23, 2008
So there is something like that? Vending machines giving out vouchers? I have never heard of that.
the machine does not give change so instead it will print you a voucher which is similar to a lottery ticket with the bar code at the bottom and an amount printed on it...you can then take that voucher and try to cash it somewhere else (same as a winning ticket)...I seriously doubt that they will make a machine that gives out cash...there are security issues associated with that and also technology issues which translates into costs for them...also if you are cashing a big amount (say $400) try telling them first how much the ticket is worth...once they input the ticket into the terminal they have to pay you one way or the other...for a store that doesn't sell money orders they will be quite upset handing you that much cash...they will tell you to sit around and wait..i saw this happen to smbdy where i was buying tickets...
California United States
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I am guily of not reading the rest of this thread, sorry about that, but I just wanted to say on the subject --- I had a winning ticket today worth over $400. The 7-11 could not cash it. I have a choice --- wait until Monday when the manager will be there or cash it somewhere else. I normally cash my tickets at a major grocery store like Albertson's. They always have the cash (not at the register, though).
Maybe that has already been mentioned in this thread. Again, I'm sorry for making a comment without reading the entire thread first.
Wandering Aimlessly United States
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Quote: Originally posted by benmas on Feb 23, 2008
the lottery requires them to pay you but that doesn't necessarily mean pay you in cash...the store will prefer to pay you in money orders or other non cash methods...required to pay at the back of ticket doesn't automatically mean pay out cash...
Benmas is correct. In fact there is always a disclaimer (I'm trying to find it) that says "funds might not be available" in order to conduct business during the day. At least there is one in Florida.
That's why I don't understand all of the posts that say the retailers should have the cash available. Sure, they should offer some form of payment. That's all. A money order is the same as cash. Nobody should expect a store to keep a lot of extra cash around just in case someone wins. Then there would be a security problem. I mean, the posters who are complaining assume they are the only people who ever win. What if 3 or 4 people walked into the store that day? A small store isn't going to keep an extra $2,000 in the cash drawer... just in case! Maybe I'm being close-minded because I live in an area with so many large stores like Albertson's & Publix.
I wonder if people who only want cash are afraid of having some sort of paper trail?? Is that it? Just curious. Personally, I wouldn't want a money order. I'd just wait. IMHO if people are so desperate that they need the cash immediately for food or gas, they shouldn't even be playing the lottery.
Maryland United States
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July 30, 2006
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Quote: Originally posted by Britney on Feb 23, 2008
I am guily of not reading the rest of this thread, sorry about that, but I just wanted to say on the subject --- I had a winning ticket today worth over $400. The 7-11 could not cash it. I have a choice --- wait until Monday when the manager will be there or cash it somewhere else. I normally cash my tickets at a major grocery store like Albertson's. They always have the cash (not at the register, though).
Maybe that has already been mentioned in this thread. Again, I'm sorry for making a comment without reading the entire thread first.
Your story seems to exemplify where the discussion has gone to.
I think these retailers that have small banks prefer to make their money selling tix rather than cashing them in, which pays much more.
In this area the retailers that I know "beg" for people to come in and cash, it is much more profitable for them.
I have one guy who says he'll cash anything as long as it is less than $600 per, I went up there last month with 5 $200 boxes, and I walked out with $1000 cash.
I'm waiting on a P4 multiple straight, so I can go everyday for a month and get $2600 or $5000 a day for 25 days and get 25 W-2g's. It will be fun.
I have a friend who hit last year 5 times straight on P3 for $10K each, he drove around all day after each hit collecting cash, imagine hitting for 10K on P3. His wife said no mas! but I think he is playing again.
Kentucky United States
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February 14, 2006
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Quote: Originally posted by benmas on Feb 23, 2008
the stores are not bingo halls, or racetracks whose sole purpose is gambling...so that comparison is not adequate...most neighborhood stores want to bring in cash at the end of the day instead of giving it away....also keep in mind that you are not the only one that cashes tickets at that particular store...a store owner doesn't want to pay everyone than end up with little cash and then wait till the lottery pays him at the end of month...they will give you the small amounts but they become reluctant at the big amounts because they don't want to dry up their cash in store..picking the right time of day is important also (when the stores will have money usually later in the day and not early morning)...you say you want to cash $73...most likely you will have no major trouble doing that..but i was saying for amounts in the hundreds money order is the best option...money orders usually take two business days to clear so its not that big a deal as far as waiting...you can combine your trip to bank with the day you have to go anyway to cash paycheck ...it is a trade off...you want the money quick you have to run around....the stores will never make it easy for you to dry up their cash...they will annoy you..you say not cashing ten tickets straight...thats what it adds up to when a lot of people ask to cash in just one..you are looking at this only from your own end..try to look at it from the strore prespective
I said "We're saying it should be easy to get paid when we win; the same way a race track, casino, or a bingo hall pays off winners under $600." That's called an example of where it is easy to cash ticket that you bought in the same building and not a comparison of businesses. The entire discussion is about stores that don't cash tickets under $600 so why would anybody compare Circle K's, 7/11s, BP mini-marts or those Mom and Pop stores to race tracks and casinos?
"most neighborhood stores want to bring in cash at the end of the day instead of giving it away....also keep in mind that you are not the only one that cashes tickets at that particular store"
You're missing the point. They are selling tickets that have the potential of being a prize up to $599. On the back of the ticket it says it can be cashed where it was purchased and the state lottery's website says they will cash it. No where on either place can I find where payoffs are subject the store having the cash or the ticket holder listening to the top 10 reasons they can't.
"try to look at it from the strore prespective"
I'm sure the customers going into a store to buy a 12 pack of Bud Light and is given a 6 pack of Pepsi and charged the same price will look at it from the store's perspective and pay.
California United States
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April 27, 2004
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Maryland is probably different than California. The retailers here (like 7-11 and small stores) don't like to keep that much money in the registers or even take money out of the safe. We have more crime than you do, I expect.
Wandering Aimlessly United States
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November 5, 2005
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Quote: Originally posted by Britney on Feb 23, 2008
Maryland is probably different than California. The retailers here (like 7-11 and small stores) don't like to keep that much money in the registers or even take money out of the safe. We have more crime than you do, I expect.
Britney, no need to apologize for not reading every post. You probably have a life! LOL BTW, we have lots of crime and so does Maryland. I think people who haven't worked in small stores don't understand that they make nightly deposits and don't keep a lot of cash around. After all, why do many stores have signs that say they won't cash $100 bill? It's not just because of counterfeit money, it's because they need cash to make change throughout the night.
Rhode Island United States
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Quote: Originally posted by Stack47 on Feb 23, 2008
I said "We're saying it should be easy to get paid when we win; the same way a race track, casino, or a bingo hall pays off winners under $600." That's called an example of where it is easy to cash ticket that you bought in the same building and not a comparison of businesses. The entire discussion is about stores that don't cash tickets under $600 so why would anybody compare Circle K's, 7/11s, BP mini-marts or those Mom and Pop stores to race tracks and casinos?
"most neighborhood stores want to bring in cash at the end of the day instead of giving it away....also keep in mind that you are not the only one that cashes tickets at that particular store"
You're missing the point. They are selling tickets that have the potential of being a prize up to $599. On the back of the ticket it says it can be cashed where it was purchased and the state lottery's website says they will cash it. No where on either place can I find where payoffs are subject the store having the cash or the ticket holder listening to the top 10 reasons they can't.
"try to look at it from the strore prespective"
I'm sure the customers going into a store to buy a 12 pack of Bud Light and is given a 6 pack of Pepsi and charged the same price will look at it from the store's perspective and pay.
dude YOU ARE MISSING THE POINT....NOWHERE in the back of the ticket it says they have to CASH...it says they have to pay...pay doesn't automatically mean cash...they are more than happy to give you MO becasue it doesn't drain their cash...what i was discussing above was look at it as from a perspective of cash drain...you are going of in a tangent now comparing bud lights and other stuff..you cashing in a ticket is not the same as buying something there..you are not buying anything when you cash the ticket so the store is no that much interested in your business...yea the discussion is about stores that dont cash...the reason is that they don't want to let go of their cash...they will never refuse you a money order..
Kentucky United States
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February 14, 2006
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Quote: Originally posted by benmas on Feb 23, 2008
there are $ costs involved with doing that...the vending machines that sell tickets only give out vouchers....you receving money will never be as easy as them taking it from you
Having ATMs that cash tickets is an idea the lottery commissions could discuss after receiving thousands of complaints from players that couldn't cash $100 tickets.
Ohiohas a contract with a bank to pay winners over $600. The terminals are programmed to print cash vouchers the players take to the bank. If there is any cost involved into programming terminals to print out vouchers under $600, the cost should be charged to the stores making all the excuses why they can't cash them.