Making A Business From The Lottery
Do you know that the worldwide lottery market itself is colossal, with countless millions of people buying lottery tickets every day of the week. In the UK alone, it´s estimated that 20 million regularly play just the National Lottery´s games. That is 48% of the adult population, spending in excess of £1 billion GBP per year. That is $1.9 billion USD!
The whole Internet gambling market (of which lotteries are part) is on a winning streak, you could say. Analysts project that annual revenue of $7.4 billion USD in 2004 will soar to $18.3 billion USD by 2010.
Well, the whole Internet gambling market (of which lotteries are part) is on a winning streak, you could say.
It is three Mega Trends working together to give everyone a chance to start a business in this area.
1. Online Lotto and Gaming
2. Working from Home
3. The Internet Explosion
For example, one of the big companies working with the UK National and EuroMillions Lotto have members registered in 127 different countries already, there´s proof enough that the whole planet is your sales territory… And that you can build a genuinely global Internet-based business right from your home.
Also, the Internet is spreading very fast and the number of people connected to the Internet is really huge. You don´t need to have broadband for this kind of work even if it helps to have a fast Internet connection.
If you are not connected to the Internet, rather unlikely as you read this, you can still have an offline business with a lottery. There are several companies that have affiliate systems to help the members promote the business, online as well as offline. Many affiliates make a very good income from the business, some make over $100,000 USD per year.
The requirements for a good business is there, a genuine consumer demand for the product.
Many that join the syndicate systems do it to increase the chances of winning and as a side effect they take the chance to make some extra just by telling friends and others about the choice they made. Then they are on their way to a great income, even a new job or hobby.
This kind of products would sell well worldwide even if it was not promoted purely through an affiliate program, as it is. The products are exposed indirectly — meaning the lottery games themselves — to tens of millions of people on TV and in other mass-media. Imagine the kind of headlines running all over the globe for the moment when the EuroMillions Jackpot has rolled a number of times.
Now in the beginning of November 2006 the Jackpot is £100 million GBP! That is $190 million USD! These kind of numbers makes it easy to promote the games, it´s a fact that you benefit from a rolling free advertising campaign.