As its name suggests, a lotto ATM is an ATM configured to sell lottery tickets. It allows your customers to buy tickets on their own without taking up time and space at the cashier counter.
All it takes is a simple software upgrade from Linq3 to turn many ATMs into lotto machines. When your customer makes a withdrawal using a credit card or debit card, they will have the option to choose cash for a normal transaction or buy five, 10, or 20 lottery tickets at a time. At the end of the transaction, the lottery tickets are printed right on the ATM receipt. The funds are debited from the customer's bank account, just like the cash would be.
If the customer scores a winning ticket worth $600 or less (i.e., the taxable limit), the payout is deposited directly into their account. For winning numbers that earn larger prizes or the jackpot, these winning tickets must be redeemed at a local lottery office.
