Quote:
Originally Posted by Neil S
I doubt they can really track how many tickets remain, since they sell them in batches, and unknown quantities of those batches are remaining to be sold under store counters.
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The sale of tickets
are recorded by UPC scans -- so I believe they
can track them, and that the information
is available to
some people -- they just don't share it with the public in any transparent way.
I was thinking about the comment Mark275 made about buying a brick of tickets. The way they used to be sold here, the retailer would buy a $500 brick that had $150 in small winners for ~$300 -- and tickets had to be redeemed where they were purchased. The difference accounted for the retail commission. That system was gamed for years (plus, unredeemed tickets accrued to the benefit of the retailer instead of the state), so it was eventually changed.
Like all things the state attempts, their lotteries are FUBAR -- and I have
no doubt there are investment opportunities -- I just wouldn't trust much of the public information to be complete, timely, or accurate.