If youre like me, you ignore the lottery most of the time.
The chances of winning are way too slim, and Id rather spend my $1 elsewhere.
However, I admit that every so often I get caught up in the hype and flirt with temptation.
And when I do, I dont worry aboutplaying lucky numbersbecause I go straight for the scratch-off tickets.
I like knowing instantly whether giving up my $1 was a good idea or not.
That got my attention, so I did some investigating and discovered second chance lotteries.
What are Second Chance Lotteries?
As the name suggests, theyre a second chance to win cash and prizes.
Second chance drawings are available in 43 of the 44 states that hold lotteries.
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Tickets are only eligible during certain dates and some drawings occur more frequently than others.
Cash rewards range from $500 to over $1 million.
And prizes vary from NFL tickets to brand-new cars!
Then, players can use those points to purchase items like watches and espresso machines.
Ohio has a similar system calledMyLotto Rewards.
Why States Offer Another Chance to Win
Different lottery tickets have different top prizes for each game.
Also, winners have to pay taxes on each claimed prize, bringing states evenmoremoney.
What youll want to know:
Of course, youll also need to know how to play.
Not all states have an online entry system.
Wisconsins Super Second Chance drawing actually requires players to mail in their tickets.
Thats too big a hassle for me, but maybe not for you.
If you’ve got the option to, also look at the odds.
Colorados second chance lottery provides an online list of prizes still available.
It also shows the odds of winning those prizes, based on how many entries have been received.
Knowing the odds can help you better determine which games are worth your dime andyour time.
For online systems, joining is free and only takes a few minutes.
Then, follow the ticket entry instructions.
Each individual state decides whether to make lottery winners names public.
Unfortunately, only five states grant winners anonymity,The Washington Postreports.
And sometimes, that fame and fortune has itsdownsides.
Sign your winning ticket before you go to cash it in.
Finally, enjoy it.
How often do you win the lottery and whats the likelihood itll happen again?
Remember: Any loss could be your gain.
April Bailey is a freelance journalist, writer and rookie filmmaker based in Atlanta.
She is a Nashville native who prides herself on being frugal.
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