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Selling lottery tickets can be a losing proposition. In many states, the vendor has to pay for the whole roll as soon as tickets containing half the prize mone
by colindowling 14y ago
Selling lottery tickets can be a losing proposition. In many states, the vendor has to pay for the whole roll as soon as tickets containing half the prize money have been sold. So if I have a roll of 500 tickets costing $5 each, and the first ticket is a $5000 winner and the rest of the tickets only cumulatively win $4999, then I have to pay for the entire roll even though I've only sold one ticket.