There is an old business cliche that goes like this -- You got to spend money to make money. That holds true in many scenarios, including scratch-off lottery tickets.

I have never spent more than $10 on a lottery scratch-off ticket. Usually, I'll opt for the $1 to $2 varieties, or if I have money burning a hole in my pocket, I might be a big spender and ask for the $5 ticket. If you see me with a lottery ticket that costs more than $10, chances are someone bought it for me as a gift.

Did You Know That Some Lottery Tickets Cost Up To $100?

The higher the cost of the lottery ticket, the higher the potential payout. Some tickets are priced at $20, $30, $50, or more.

Actually, there is one Texas Lottery Scratch-Off game that costs $100.  It's called the $20 Million Supreme. So far, that game has produced one $20 million winner (from Harlington, TX). There are 3 more top tickets from that game still waiting to be purchased and scratched.

How to Increase Your Money 100,000X

Recently, someone from Gilmer, Texas walked into the Tiger Express #5 convenience store, located at 1418 U.S. Highway 271 N, and spent $50 on a $200,000,000 Cash Blowout Ticket...

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...and that $50 blossomed into a $5,000,000 payout!!

I wonder if that customer scratched the ticket as soon as he/she got back in the car, or did they wait until getting home? Chances are we will never know since the winner has chosen to remain anonymous.

Other Huge Payouts are Looming

Keep in mind, that the $200,000,000 Cash Blowout still has two more top-winning tickets somewhere in Texas just waiting to be bought. If you can't see yourself shelling out $50 for that ticket, you might want to throw a few bucks at the Powerball or Mega Millions games. The jackpots for both those games are over $400 million.

Perspective

Keep in mind that even though someone will eventually win these major payouts, the chances of it being you are about the same as me being the next Dallas Cowboys quarterback. So, practice responsible gambling if you decide to play the Texas Lottery.

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