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. This is the reason why lottery pools are formed. They enhance your chances to make money through lottery winnings. 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.
About

This is a members benefit lottery pool or club that was started in Florida in Jan 1996. 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

-    Members get a vacation certificate that entitles them to free accommodation for 2 nights at a resort of their choice from 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.

-    Members get 10% of their ticket winnings as well as winnings of 7 other members in their team.

Depending on your membership type, your benefits may vary.

Lotto Magic Costs Involved And Compensation

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. 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.

Competition

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.

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.
Creating A Winning Florida Lotto Magic Business

This is a legitimate business that can fetch good returns if operated right. Earning through lottery bets is definitely not reliable; but you can definitely expect steady income from your referral business. If you want a regular flow of income, you’ll need to bring in more people than just your social circle.

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. Online marketing gives your business wide exposure and gives you the opportunity to make a fortune even without winning the lottery.