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About LinkBacksWhy cant you buy lottery tickets with a credit card? It annoys me how I need to use the gas stations ATM every time I buy powerball or scratchers because you cant use a credit card to pay.
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Green Member
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- Apr 2011
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How to buy lottery tickets with a credit card?
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Gold Member
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- Jan 2011
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- Illinois
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It's a form of gambling, and shows financial irresponsibility. I'm not saying that to be an ass - I'm just saying that it's how the credit card companies see it. Because surely if you maxed out your credit limit on lottery tickets, you'd win at least enough to pay it off, right? </sarcasm>
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Green Member
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- Apr 2011
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- US
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If you are using a credit cards to buy lotto tickets for the rewards and cash back that is the dumbest thing I have ever heard of. Please tell me the 1% is not the reason for using a card.
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Centurion Member
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- Apr 2009
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- Texas
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"Scratchers;" love that.
CARDS (and why)
FIA Card Services: Fidelity Amex (best cash back excepting 5% cards), Fidelity Visa (spare)
Chase: Freedom (only for 5% reward categories, purchases under $10), Sapphire (not in use), Amazon Rewards (for Amazon purchases only)
CapitalOne: No Hassle Rewards (no foreign transaction fee, my only MasterCard, not in use)
Amex: Blue Cash Everyday (not in use)
Discover: More (only for 5% reward categories)
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Centurion Member
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- Sep 2009
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- Arizona
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In some places a loan made for gambling will not be enforced. So the credit card company could literally have no recourse if you refused to pay.
Originally Posted by jeffysdad
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Centurion Member
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- Jun 2008
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- Smogland
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I recall reading there are a few states, believe it or not, where you can buy lottery tickets using a debit or credit card. I read that quite a while ago but I will try and dig around to see if that is indeed true and if so, which states.
Regardless the only people that should use credit cards to buy lotto tickets are those who pay their bill in full every month. If you carry a balance and are wasting money on that it is beyond bad money management.Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.
Current Cards: American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Citi Thank You Premier
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