Lotto Franchise Philippines
The Philippine Charity Sweepstakes Office (PCSO) is the government agency tasked to conduct and manage the charity sweepstakes, races, and lotteries in the Philippines to raise and provide for funds for various health programs, medical assistance and services and charities of national character. It generates its revenues primarily from the sale of sweepstakes and lotto tickets. A certain percentage of the net income goes to funding of medical missions and services that has assisted millions of Filipinos especially during calamities. The PCSO also provides fund for the construction of clinics and medical centers for small and remote places. Many non-governmental organizations and public and even private institutions have been beneficiaries of its grant and aid in serving the indigent Filipino masses.
At present, the online lottery, popularly known as Lotto, is the most popular of the number games conducted by PCSO. The first online lotto game was launched in 1995 under the then PCSO Chairman Manuel "Manoling" L. Morato and has since captivated millions of Filipinos into number betting. For this poverty-stricken country, Lotto appeals to people as a chance to win millions of pesos for just measly capital of ten pesos per ticket. Players can even choose from a wide variety of lottery games, each with its own set of rules on how to win, as well as different jackpot prize for each game. Players can choose from these number games to play: Lotto 6/42, Mega Lotto 6/45, Super Lotto 6/49, 6 Digits Game, 4 Digits Game (4D), Suertes Lotto or 3 Digits (3D), and EZ2 (Easy-Two) or 2 Digit. These games vary mostly on the number of numbers/digits to bet on. For example, in 6-42 Lotto, The machine draws 6 out of 42 numbers. To win a prize, the players must match from all 6 to at least 3 numbers. The odds of winning the jackpot are 1 in 5,245,786. What's more exciting with these number games is that each game can be played using different schemes. You can play the 6-pick number games (6/42, 6/45, 6/49) using System Play, 5 Roll, and Lucky Pick. These games offer different sequencing of numbers, with each sequence being paid as one ticket entry. One wins if he gets the correct number and sequence during the draw date. Lotto players can place their bets on authorized lotto outlets located on major cities and towns across the country. Lotto outlets are franchised by the Philippine Charity Sweepstakes Office to accept bets on lotto games. Upon approval of the proposed outlet site of the franchise and payment of processing and installation fee, the lotto franchise outlet is constructed and activated online. At present, only Filipino citizens at least 21 years of age are allowed to operate a Lotto franchise. The sudden increase of the number of outlets has caused the PCSO to stop approving new applications in areas. As of 2005, PCSO temporarily discontinued the processing of all new lotto outlet applications in Luzon due to saturation of outlets in the area. An alternative means to acquire a franchise would be buying an existing one. |