Robert Sambrick, WalletHub Analyst
Yes, you can buy scratch off tickets with a credit card. Just make sure there are no state laws that prohibit this practice and both the merchant selling them and your credit card issuer allows it. However, doing so is not a good idea.
What you should know about buying scratch off tickets with a credit card:
- Legality: Buying scratch offs with your credit card may be illegal. While some states allow it, there can be special provisions around which retailers can sell them.
- Merchant and issuer provisions: Some merchants selling tickets might prohibit using credit cards to buy them. Credit card issuers also have a say in whether cards can be used for such purchases.
- Debt risk: As with any other form of gambling, buying scratch off tickets with credit is an unnecessary risk, as it could enable you to spend more than you can afford.
- Credit card reward restrictions: If you have a rewards credit card, most issuers will have restrictions around which types of purchases accrue rewards. Gambling purchases, including scratch off tickets, are often excluded.
You should also keep in mind that while some states allow purchasing lottery tickets with a credit card, these purchases are generally considered cash-equivalent transactions. That means you’d be getting a cash advance for the amount your tickets cost.
However, note that cash advances are extremely expensive transactions. Cash advances come with high APRs that apply immediately, with no grace period. Plus, this kind of transactions will also incur exorbitant fees. So, even if you can buy scratch off tickets with a credit card, it’s best to avoid it.
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