Lotto Magic Review, Gambling With The Lottery
What’s the best way to make lots of money without working for it? Winning the lottery, of course! A jackpot winning can help you fulfil all your dreams; that new car, new house or vacation will no longer be elusive. A solution to this is joining a lottery pool that increases your prospects of winning the lottery. Florida Lotto Magic functions as a different kind of lottery pool that combines a network marketing opportunity with club lottery.
Here’s a review of the Lotto Magic business, the benefits it offers and its drawbacks.
What Is Lotto Magic?
Lotto Magic was started as lottery pool that offered benefits to members; it was started in 1996 in Florida. Membership to this lottery club not only entitle you to a share in the lottery earnings, but also allow you to get various member benefits.
Advantage To Members
- Members get a vacation certificate that entitles them to free accommodation for 2 nights at a resort of their choice from over 90 destinations.
- 5 Diamond Vacation Certificates for self use or to be given as gift.
- Gift cards, savings coupons and discount offers on several products.
- One lottery ticket for every drawing for one month.
- As a member, you get a share of 10% of your ticket earnings as well as that of 7 others in your team.
Depending on your membership type, your benefits may vary.
Lotto Magic Costs Involved And Compensation
Team Players pay a fee of $25 a month while power players need to pay $50. If you become a Team Captain by paying $50 or Power Captain by paying $100, you can start your own Lotto Magic business. Commission on getting a team player to join is $5 while for team captains; it’s $23 per person. You also get a 10% share on the lottery winnings of the people you refer.
The Downside
In spite of the numbers, there’d no guarantee to lottery earnings. We also have to consider the strength of our competitors.
Competitors
The biggest competitor to this business is Xzotto, another network marketing lottery pool. Xzotto has a similar structure with different membership categories; this company also sells a software program that assists you in keeping track of your lottery purchases and enhances your chances to win the lottery.
MyFreeLotteryPool is a club that claims to be the world’s largest lottery pool; this club lets members enter the lottery for free.
ELottery offers internet based lottery pooling; they also have a multilevel marketing business to promote the lottery club.
Success In Your Lotto Magic Business
This is a legitimate business that can fetch good returns if operated right. While you can’t rely on winning the lottery each time to make money, you can definitely build a strong lottery business by referring people to Lotto Magic. If you want a regular flow of income, you’ll need to bring in more people than just your social circle.
You can bring in more people by promoting your mlm opportunity online and getting MLM leads through various internet based tools. Get to interact with lots of people with a good MLM lead system in place. This kind of business promotion enables you to earn your dream income and make good money even if you don’t get to win the lottery.