Steps to Franchise PCSO Lotto Outlet Franchise Applicant must be at least 21 years old and submit a letter of intent with location map and photos of the proposed location. PCSO will inspect the site to evaluate potential sales.
Full Answer
What is a PCSO Lotto franchise?
What is the N ext stage of Lotto?
What does PCSO do for Lotto?
Who dreams of winning the lottery?
Is a Lotto Outlet Franchise a Bullet-Proof Business?
See 2 more
About this website
How much is the commission of lotto outlet in the Philippines?
A PCSO Lotto Agent earns 5% commission on sales. Thus, if you sell 500,000 Pesos worth of lotto tickets, your total commission for the month would be 25,000 Pesos. As a proprietor of a lotto business, your success also lies in numbers!
How many lotto outlets are there in the Philippines?
Of these, 7,768 are lotto outlets; 13,320 are small-town lottery kiosks; 2,194 are Peryahan ng Bayan outlets; and 472 are Keno shops.
Is Lotto outlet need business permit?
Authorized Agent Corporations (AACs) operating Small Town Lottery (STL) need not acquire a business permit or license from the city hall, the Philippine Charity Sweepstakes Office (PCSO) clarified.
How much is the commission of lotto agent?
An authorized PCSO lotto agent is entitled to a commission of 7.5% for ticket sales in jackpot-bearing games.
Lotto Outlet Application Form - Philippine Charity Sweepstakes Office
Lotto Outlet Application Form - Philippine Charity Sweepstakes Read more about lotto, application, pcso, sweepstakes, office and outlet.
How To Apply For A PCSO Lotto Outlet in The Philippines
How to Apply for a PCSO Lotto Outlet in the Philippines - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. How to Apply for a PCSO Lotto Outlet in the Philippines
PCSO Lotto Franchise Fee, Cost, Information - Startup Biz Hub
PCSO Lotto Franchise Fee, Cost, Information. 502 comments; 1 expert advice; 124,896 views; PCSO lotto franchise is a type of business wherein you are most likely to receive your return of investment in a not very long time.
How much commission do lotto agents get?
Lotto agents earn 5% commission per sale. But the PCSO also requires lotto agents to reach a certain sales quota per month in order for the outlet to continue operating. In Metro Manila, the quota is said to be P300,000 to P600,000 every month depending on the location.
How old do you have to be to be a lotto agent?
How to Apply to Become a Lotto Agent. 1. The prospective lotto agent must be Filipino and at least 21 years old. Submit a letter of intent with a location map and photos of your proposed PCSO lotto outlet. 2.
How far away from a lotto can PCSO inspect?
2. PCSO will then inspect the proposed location and evaluate potential sales and communication facilities. The site must have significant foot traffic, not prone to flooding, at least 100 meters away from schools, churches, and other lotto outlets, and at least 5 meters away from pawnshops.
How much of PCSO profits go to charity?
Its Charter allows the PCSO to allot 30% of its net sales to the Charity Fund, while 55% is allotted to prizes, and the remaining 15% to operations.
Where did PCSO get its franchise?
PCSO got its franchise from the Philippine Congress and those interested to operate their own outlets are called “lotto agents.” That doesn’t mean, though, that as lotto agents you won’t have to shell out money.
Do lotto outlets need to be enclosed?
For security reasons, all lotto outlets should be enclosed and must be facing the direction of human traffic/entry. Frontage must face the main hallway/corridor or to the direction of major traffic flow. 6. Outlets located within a commercial building or complexes, with 24-hour security, need not be enclosed.
What is a PCSO Lotto franchise?
PCSO Lotto Franchise: A Quick Background. PCSO stands for Philippine Charity Sweepstakes Office , which is a government-owned company. Since its run by the government, it leaves us less worries regarding the legalities of the business. However – you should be careful when trying to get a license, since there many scammers out there pretending ...
What is the N ext stage of Lotto?
N ext stage, PCSO will inform and instruct you to construct the lotto booth, and you’ll of course have to follow the PCSO’s strict requirements, such as colors, floor space, etc. The terminal itself will then be installed by the PCSO. 4. After installation of the terminal, you’ll have to pay the processing and installation fee.
What does PCSO do for Lotto?
One of the nice things about being a Lotto outlet franchise – is that the PCSO takes care of a lot of stuff for you, like the telecom fees, the terminal rental and service fees (hardware and software). They also provide you with the supply of betting slips and thermal rolls, free of charge. You won’t have to pay for any of these. You will of course need to pay for the rent of your space, electricity, staff wages, etc.
Who dreams of winning the lottery?
Everyone dreams of winning the Lotto. Photo from Pexels.com
Is a Lotto Outlet Franchise a Bullet-Proof Business?
Well, over the years, owning a Lotto Franchise Business has pretty much proven to withstand even the worse economic times. Why you may ask? It’s very simple: During bad economic times, people actually look for hope anywhere they can find it, and the Lotto is definitely a great place to find hope.
Who installs the terminal for Lotto booth?
PCSO will inform the applicant that they need to construct the lotto booth with regards to the requirements of PCSO. The terminal will be installed by PCSO.
What is the Philippine Charity Sweepstakes Office?
The Philippine Charity Sweepstakes Office (PCSO) is the principal government agency for raising and providing funds for health programs, medical assistance and services, and charities of national character.
Is a lottery location enclosed?
Frontage must face main road or to the direction of major traffic flow. In cases of malls, shopping centers or superstores, the lottery location need not be enclosed provided there is security of operation, especially after store hours.
Is PCSO lotto popular?
PCSO lotto outlets are popular all the time and you will always see a line for anyone to play and get a chance to win hundreds of pesos.
How far away from a lotto outlet is a lotto?
Criteria in Choosing a Lotto Outlet. The PCSO has strict guidelines and requirements when it comes to the Lotto site, below are the details: Distance requirements are as follows: for existing lotto outlets, the other lotto site should be at least 50 meters away (minimum required) from each other. It should also be at least 100 meters away ...
How far away from a lotto should you be?
Distance requirements are as follows: for existing lotto outlets, the other lotto site should be at least 50 meters away (minimum required) from each other. It should also be at least 100 meters away from schools (both elementary and secondary)
What is a PCSO Lotto?
The Lotto is governed by the Philippine Charity Sweepstakes Office or commonly known as the PCSO in which its major commitment is to provide charity to the Filipino people. Specifically, its mission is to generate funds for health programs and charities of national character through charity sweepstakes races, lotteries and other similar activities. That is why becoming an on-line lotto agent is also a noble business venture as you are not only earning but at the same time you are helping the country to move forward. A PCSO Lotto Outlet Business also does not only provide you income but gives you a sense of accomplishment as you offer opportunities for the people in your community.
About PCSO and Lotto
The Philippine Charity Sweepstakes Office or PCSO is the philanthropy arm of the Philippine government, subsidizing to vital wellbeing and welfare exercises. The PCSO’s essential profit originate from the people who enter sweepstakes or lotto draws supported by the organization.
What are the Requirements to be Submitted?
Sketch or map of the site showing location of existing lotto outlets in the area
Where Should Your Proposed or Target Location for Your PCSO Lotto Franchise Be?
The location will be left to the candidate, including expenses for rent, lease, development, establishment of electrical lines, telephone lines, security gimmicks and all different associations. This implies that candidates must know the best place to put a lotto outlet besides conforming to area necessities set by PCSO.
Application Process for a PCSO Lotto Franchise
1. Submit appropriately filled Lotto Application form (downloadable at the PCSO site) and other narrative prerequisites (see beneath for complete rundown) to PCSO. For outlets inside Metro Manila, submit the necessities at the PCSO Main Office. For outlets outside Metro Manila, submit them at the PCSO Branch Office covering the area.
Security of Your PCSO Lotto Outlet
PCSO outlets can earn a lot of money overnight, the establishment must be highly secure.
Contact Details
PCSO Main Office: PICC Secretariat Bldg, CCP Complex, 1307 Roxas Blvd., Pasay City Website: www.pcso.gov.ph
Which direction should Lotto outlets be?
For security reasons, all lotto outlets should be enclosed and must face the direction of human traffic/entry. Frontage must face the main hallway/corridor or to the direction of major traffic flow.
How long does it take to play Keno Lotto Express?
Keno Lotto Express is a game of chance played every ten (10) minutes that allows players to choose how many numbers to play and how much money to bet. Keno bettors pay per play and have a chance to win as much as P1 million.
How many numbers do you have to pick to play keno?
The player first decides how many Spot numbers, from 1 to 10, to play per game. Let’s suppose you chose Spot 8. You then have to choose eight (8) numbers, from 1 to 80, to be your game play numbers.
What is a PCSO Lotto franchise?
PCSO Lotto Franchise: A Quick Background. PCSO stands for Philippine Charity Sweepstakes Office , which is a government-owned company. Since its run by the government, it leaves us less worries regarding the legalities of the business. However – you should be careful when trying to get a license, since there many scammers out there pretending ...
What is the N ext stage of Lotto?
N ext stage, PCSO will inform and instruct you to construct the lotto booth, and you’ll of course have to follow the PCSO’s strict requirements, such as colors, floor space, etc. The terminal itself will then be installed by the PCSO. 4. After installation of the terminal, you’ll have to pay the processing and installation fee.
What does PCSO do for Lotto?
One of the nice things about being a Lotto outlet franchise – is that the PCSO takes care of a lot of stuff for you, like the telecom fees, the terminal rental and service fees (hardware and software). They also provide you with the supply of betting slips and thermal rolls, free of charge. You won’t have to pay for any of these. You will of course need to pay for the rent of your space, electricity, staff wages, etc.
Who dreams of winning the lottery?
Everyone dreams of winning the Lotto. Photo from Pexels.com
Is a Lotto Outlet Franchise a Bullet-Proof Business?
Well, over the years, owning a Lotto Franchise Business has pretty much proven to withstand even the worse economic times. Why you may ask? It’s very simple: During bad economic times, people actually look for hope anywhere they can find it, and the Lotto is definitely a great place to find hope.
