Why 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.
Why 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.
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>
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.
"Scratchers;" love that.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.
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 and linked to. 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: Chase Sapphire Preferred