Buying lottery tickets is a simple thing and many people do. Many people buy lottery tickets up to several pieces just to be a winner.
Then can you use a debit card to buy lottery tickets? This is still being discussed around the world. Considering that many people buy lottery tickets but want it to be simpler by using a debit card.
Usually buying lottery tickets must use cash. But over time, many people are considering buying lottery tickets using a debit card or credit card.
So Can You Use a Debit Card to Purchase Lottery Tickets?
Only 21 states allow the use of debit cards to buy lottery tickets. Many countries prohibit the purchase of lottery tickets with a debit card.
Then what is the reason for not buying lottery tickets with a debit card?
- You do not get the prize. Because there is no guarantee that you will win and get cash back from purchases using a debit card or credit card.
- You can go into debt. Because buying with a credit card and debit card can put you in debt and spend a lot of money. Because the bill will appear at the end of the month, especially if you buy lottery tickets too often.
- There is an additional fee when you fill out a lottery ticket. You will be asked for a down payment when purchasing the lottery. This can make the cost more and the interest is also very high.
- You can get a higher refund if you decide to keep or invest your money.
So can you use a debit card to buy lottery tickets? of course not. It’s better to purchase lottery tickets with cash and use a debit card to save money or invest to get a lot of refunds and your bill doesn’t swell.