Lotto Magic Review, Gambling With The Money Wheel
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. The Lotto Magic lottery pool is different from other pools as it not only boosts your prospects to win the lottery; it also gives you an opportunity to make an income through its MLM opportunity.
Here’s a review of the Lotto Magic business, the benefits it offers and its drawbacks.
About
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.
Benefits To Members
- Get to stay for 2 nights for free at a resort in over 90 destinations.
- You also get 5 more diamond Vacation Certificates that can be used for self or given as gift.
- Members also get several discounts and offers on various products and services.
- You get entitled to one lottery ticket for all drawings each month.
- As a member, you get a share of 10% of your ticket earnings as well as that of 7 others in your team.
Benefits differ according to membership category.
Lott Magic Investment And Returns
You can become a team player or Power Player by paying a monthly fee of $25 or $50 respectively. If you’re interested in the business, you can become a team captain by paying $50 a month or a Power captain by paying $100 a month. Get to earn a commission of $5 for referring team players and $23 for Team Captains. You also get a 10% share on the lottery winnings of the people you refer.
Factors Against This Business
Apart from the obvious downside of uncertainty of lottery gains, we have to see the number of people in the game since our prospects of winning keeps decreasing when competitors increase.
Competitors
The biggest competitor to this business is Xzotto, another network marketing lottery pool. This company sells both membership options as well as a software program that helps to track your lottery dealings and improves chances of winning.
Another famous lottery pool is MyFreeLotteryPool; this free membership club claims to be the world’s largest.
ELottery offers internet based lottery pooling; they also have a multilevel marketing business to promote the lottery club.
Creating A Winning Florida Lotto Magic Business
Lotto Magic offers a genuine income opportunity that has prospects to bring in good income. Earning through lottery bets is definitely not reliable; but you can definitely expect steady income from your referral business. Don’t just refer people you know; remember, you’ll need to bring much more than a limited circle of friends to get yourself a decent residual income.
The best way to go about this is, create an awareness of the business on the internet, generate MLM leads and get people to contact you regarding the mlm opportunity. A good MLM lead system goes a long way in boosting your network of contacts. 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.
