OK, show of hands here. How many of you have ever bought a Lotto ticket or purchased a ‘Scratch and Win” ticket at your local convenience store? Aha, a lot of hands went up, didn’t they?
Many of us, even those pretty much opposed to gambling and casinos and such participate in the government sponsored lottery programs in the US because in addition to the (infinitesimally small) chance of winning the games serve as an important revenue source to a lot of valuable programs.
A pundit once quipped that Lotto games are a tax for people with bad math skills, but who cares? They can be fun and it’s only a dollar or two, so why not?
In the Philippines government has wasted no time getting in on these programs.
Philippine Sweeostakes Hq, Manila
Here’s a business idea for making money in the Philippines that doesn’t involve the Internet for a change. If you have ever been around one of the mall kiosks or terminals in stores where they sell the whole line of Sweepstakes Lottery products when the prizes are big you have seen lines and line sof people, cash in hand, just waiting to get a chance to buy a ticket.
A franchise outlet for this product starts at PhP 50,000 or so .. about $1,000 USD give or take, and the clients do all the work except make change and carry the money to the bank. More information at the headquarters site.
I have no idea what the overall profit potential can be but I know it’s a simple, self-contained government approved, easy to understand business that is certaily worth loking into … especially for people inclined toward operating a store, Intent cafe, etc., anything where you are going to have foor traffic and a roof over your head anyway.
Once again, you can make money in the Philippines, if you actually want to.
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