How does MegaLotto work?
What is a MegaLotto
A MegaLotto is a lottery draw with a guaranteed minimum weekly jackpot of €15,000 or greater.
What is the format of the lotto?
There are a number of different Lotto options you can choose. Your Lotto can start at €15,000 and increase to a maximum of €20,000. Or your Lotto could start at €20,000 and increase to a maximum of €30,000.
Does the Jackpot increase weekly?
Yes. For every week that there is no winner, the jackpot increases by either €200 or €250 (depending which option you choose).
Who pays the Jackpot?
MegaLotto will handle the payment of every winning jackpot. The club does not pay anything towards the winning Jackpots. The club avoids all risk.
What happens when the Jackpot is won?
MegaLotto arranges payment of the Jackpot to the winning customer and the Lotto resets to the original starting Jackpot figure for the following week (€15,000 or €20,000 depending on which option you select).
What is the cost to my club?
Nothing. There is no up front cost to your club. There are some small start up costs, but these costs can be paid from the first weeks lotto sales.
There must be some cost to using your service?
MegaLotto do not charge any club to use their service. We simply take a small percentage of every ticket sold for your lotto. This removes all risk from your club, with no cost to your club, and means your club is earning a profit from day 1.
What happens if the Jackpot is not won?
Every week there is no winner the main jackpot increases by €200 or €250 (depending on which option your club chooses).
In conjunction with the main Jackpot there is also a Consolation Jackpot. Similar to the main jackpot, this increases every week it is not won.