Keyword Analysis & Research: missouri lottery enter tickets

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Frequently Asked Questions

What are the rules for the Missouri Lottery?

Missouri State Lottery Laws at a Glance. As in many other states, lottery winnings may be garnished for payment of child support and other debts "pursuant to an appropriate judicial order.". You must be 18 years old to play and lottery winners have 180 days to claim their prize.

Can I Sell Missouri Lottery?

You must have a Missouri sales tax license. You cannot be in business solely to sell Missouri Lottery tickets. You must post either a surety bond from an insurance company licensed to do business in Missouri, or if approved by the Lottery, pay a $50 bond fee to the Missouri Lottery for the first year's coverage.

Should you buy lottery tickets?

The simple answer is of course "no," you should not buy lottery tickets. The reasoning here is that the expected value of buying a lottery ticket is always negative. That being said, whether or not you should buy lottery tickets can be a bit more complicated than just the expected value of doing so.

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