Lotto Outlet Franchise in the Philippines, Cost, Requirements and Profit
89Franchise a Lotto Outlet
Have you thought of setting up a lotto outlet franchise in the Philippines? If you love to start a worthwhile business, why not invest and franchise your own lottery outlet. Know the cost, requirements and how much would you earn from franchising a lotto outlet in the Philippines.
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Lotto Outlet Franchise Requirements –Lotto Agent Requirements
If you wanna open a lotto booth in the Philippines, you
have to follow these strict requirements to be a lotto agent. It's a very profitable business.
For an individual, you must be a Filipino citizen, have no criminal records and must be at least 21 years old. For a corporation, you are required to submit needed documents which will be discussed as you read along…And you must have a very good location for your lotto booth, a crowded place is recommended.
Start Your Lotto Franchise
I was in a lotto outlet the other day and a thought struck over me…how much have I spent betting in the lottery? Is it all worth it? Perhaps there’s a way to break even. And so franchising a lotto outlet brainstormed over me. :)
Before you open your lotto franchise, you must understand that it’s not a franchise after all. I’m talking about the PCSO lottery here OK. It’s a Philippine non-profit organization for chocolates’ sake. They will never be opened for franchise I’ll bet on that. But they do offer anyone to be a lotto agent. That’s it, you won’t be a franchisee, you’ll be an agent.
If you wanna know more, learn the difference between
franchise and agency. I recommend you understand the idea of franchising a
business and its advantages and disadvantages.
Don’t be mad at me for using that title coz I used to call it lotto franchise, too. LOL I used that title for this article because everyone is searching about franchising lotto more than “be a lotto agent” in the Philippines so I thought this article could be useful and educational as well. OK, now fellow Pinoys, let’s just talk about being a lotto agent and the requirements.
Lotto Outlet Cost
You, (the agent), will provide for the location of the lotto booth, so all cost such as rent, lease or sale of a building including construction, electrical, phone line connections and all costs related to your site will be from you. You’re under an agency contract so you’re not gonna pay huge amount for using the trademarks and brand name etc. You’re only required to pay processing fee, installation fee and surety bond. That’s pretty much of it. Let’s say you have your own site already, opening a lotto outlet will only cost you around 30,000 to 50,000 PHP depending on your Surety Bond insurance option.
If you don’t have a site yet, you’re likely to spend below 500,000 PHP. To sum up, the large slice of your investment cake would lie on your site.
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Lotto Outlet Revenues and Profit
How much would you earn in franchising a lotto outlet in the Philippines? That’s the question many people are asking about. Like I said it’s not a franchise LOL OK so, being an agent will give you 4.5 to 5 percent from the gross sales. The higher your sales of course, the higher will be your revenue. PCSO will also grant you a percentage of a winning bet from your outlet that ranges from a maximum of 500,000 PHP, depending on the jackpot winning prize. How cool is that!
Anyway, as a business you have to consider overheard expenses such as electricity, wage of employees, rent and other related cost incurring on your booth. The only things the PCSO will provide for free are the tickets, terminal hardware and software, printed materials and other paraphernalia.
To reach a huge profit and commission, you must choose the best location which is a crowded place and a busy commercial area.
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PCSO Official Requirements for Lottery Agent Applicants
The requirements for online lotto agents are listed below including the steps for application. They are retrieved from PCSO official website:
- Applicant must be:
- a FILIPINO citizen
- at least 21 years old
- Applicant must accomplish and submit:
Individual Applicant:
- Three (3) latest ID pictures (2 x 2);
- Three (3) latest ID pictures (2 x 2) of spouse; Letter of INTENT; On-Line Lottery PERSONAL DATA SHEET;
- Proof of Income;
For Self-employed:
- Income Tax Return
- Registration of Business
- Audited Financial Statements
For Employed:
- Income Tax Return
- Registration of Business Audited Financial Statements
- Certificate of Income
- Proof of Ownership/Lease of Outlet
For Owner:
- Land Title or TCT
For Lessee:
- Contract of Lease (Notarized)
- Building Owner's Authorization Form
- NBI Clearance (Current)
- Brgy Clearance (Personal Record) Sketch/Location Map of the Proposed Agency Site
- Photograph of the Vicinity Photograph of the Building
- Photograph of the Interior
For Corporation
- Bio-data of Corporate Officers and Directors
- Photocopy of S.E.C Registration Photocopy of Articles of Incorporation Photocopy of By Laws Latest audited Financial Statement I.T.R. for the immediately preceding year Letter of Intent Contract of Lease Building Owner’s Authorization Sketch/Location Map of the Proposed Agency Site Photograph of the Vicinity Photograph of the Building
- Photograph of the Interior
- Applicant must make sure that the Proposed Agency Site must comply with the following criteria:
- 100 meters away from schools/place of learning and places of worship, subject to PCSO's policies and existing rules, except if the location is enclosed or a shopping center.
- Good human traffic, i.e. situated in commercial or busy intersections/areas. The location of terminal/booth should be strategic if within a mall or superstore.
The area does not get flooded.
Floor space of 8 - 9 sq. meters or available business counter measuring at least 1.0 m X 0.5 m
Preferable with at least one (1) telephone facility, landline or cellular, for hotline operations. Such telephone (specially landline) should be situated at no more than one (1) meter away from the proposed terminal location.
Enclosed (for security purposes) but with frontage from human traffic/entry. 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, specially after store hours.
Dry floor space and proper ventilation (preferably air-conditioned).
With regular power supply of 220 VAC, with grounding and available power point/s.
With available shelf/counter/cabinet for terminal installation, modem and storage of lottery materials. If not currently available, the agent will be advised on when to fabricate.
With operators to be made available for training in the operation of the terminals preferably one dedicated personnel and a back-up personnel per terminal. This agent will be advised on when the operators will be trained.
Major operating hours fall within 7:00AM - 8:30PM, seven (7) days a week.
- At least 100 meters away from any existing lotto outlet which shall be subject to PCSO's governing rules.
- National Capital Region - 100M
- Southern Tagalog and Bicol Region - 200 - 250M
- Northern and Central Luzon - 200 - 250M
Approved technical site survey by carrier.
Setting up a Lotto Franchise in the Philippines
To sum up, to franchise a lotto outlet in the Philippines is to be an online lotto agent. It’s not a franchise, it’s an agency. It’s still a form of serious business though and may I remind, you’re gonna be affiliated with the PCSO (Philippines Charity Sweepstake Office) ehem the government. Know your rights and know your responsibilities. You have to be in compliance with your agreement no matter what.
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I was thinking bout it, since they're so strict with the location, just waiting for someone who could sell his outlet..LOL Thank you. I wonder if it's safe to show ads in this hub? I'm still contemplating with it LOL It's franchising though..Whaddaya think my smart friend? I've contacted HP bout it but no response yet.....Yup, good to know, I didn't realize it until I made this franchise hub LMAO Hubbing is a way of learning...
There's a big storm over here now......scary! TC Cassy Cheers!
Hello Fehl! Love this Hub! :)
Wow, if you could afford it and get a good return on the investment as an agent, I would say yes, go for it. But I'd do some market research first and find out are Lottery tickets selling there? I have this theory that the more franchises there are of something, the smaller the customer base becomes. Perhaps I am wrong.
Why are you not showing ads here? I could not see any Google or Amazon ads. By all means switch them on if you like! Are you registered with Amazon? You can also have Amazon ads on your "wrong sent" blog too. The ads can bring you in revenue, Fehl. I would definitely commercialise your hubs more if you can. I have registered with Lulu to shoe their ads on my Google adsense site and hubs and blog. Lulu is affiliated with Google Adsense, so my ad payments are paid to me via Google. Wehey! It's free to register!
Did you mean that you want to display Lottery ads in your Hubs? Ask HP about becoming a Hub Affiliate. I think that is one possibility. Let me know how you get on, Fehl.
Yes, I see Typhoon Megi is beginning to leave Luzon and head towards China. I am sorry to hear it cost a few Filipino lives. I saw it on the TV. Take care always. Stay safe! XO
Yup, I'm still into studying it. I just found out that lotto outlets are so hard to franchise nowadays because of the locations..
No google ads here coz this hub is related to 'gambling' I realized bout that after I nearly finished publishing LMAO Cool to be safe anyway. I'm only allowed to display Amazon ads.
Really? Wow, that's cool with Lulu! Tell me more bout it. :)
The super typhoon is known here as Juan. Megi sounds kind, too. But heck it's the strongest typhoon of the year. Thanks Cassy! TC :)
Hello Cathy! Why do I have the feeling that someone is so sleepy? hahaha You're so speechless..Ha the weather is calling me to sleep LOL Happy to see you Cath :) XO
I would be curious to see could you get the Agent license, it would be great. It's a great business idea. An easy product that sells itself, if you think about it, the higher the prize!
Sorry to see you fell foul of the rules on gambling in Hubs. Bummer.In the UK the Lottery sells pretty well, as long as the tickets are low in price. I think a British person won the Euro Lottery recently, over £100 Million. Ooooh! Nice!! It wasn't me!
I will email you about the Lulu thing.
Stay well away from that crap bad weather there. Cathy has for some weird reason bought a ton of DVDs! I guess we'll be watching a pile of films here! I have to get some popcorn in! Heh! Cheers, Fehl! X
Yup and that, too. The location is the toughest thing. Well, this hub would help a lot so better publish than waste it LOL I go for Amazon! Woooh!!! I've heard last year a Filipino won the lottery there. Very lucky!
Thanks Cassy! You're awesome!
There was a blackout yesterday becoz of the typhoon. Another one is coming up according to the news. Ow, those freaking typhoons are really in love with the Philippines it seems. Why cant we just dump 'em! LMAO TC and take care of Cathy. :) Cheers! Enjoy your DVD marathon you two! XD
Great information twentyfive,it might just be worth the gamble,lol;)
Nice article here, twentyfive. Very detailed. The pot right now is around P600M ($16,636) already and nobody seems to be lucky enough to get that so far.
I have known of some folks who won the lotto but their millions were gone in barely 3 years - they bought a nice house, family car, paid off their debts, put up a small business over another and pufft! Maybe the National Government especially the Sweepstakes Office should require the lotto winners, big and small, to undergo some entrepreneurship and financial literacy training so they will have some idea as to what to do best with their winning.
If they really got no entrepreneurial inclinations at least they can decide to live on interest by investing their millions in Treasury Bills for a time while they try to figure out how to make more money out of the money that they got from lotto. Because it's sad to know that almost 90% of the lotto winners ended up back to being poor again after 5 years - in fact some ended poorer than before - and to me that's a failure of the lotto program because it's supposedly more about not just giving out money but more on helping the poor improve their lives. They should keep on, but they should also improve especially on the social development side.
Lotto outlets are mushrooming even inside the malls and busy food outlets, and I believe it's a good money maker too (at least from the business point of view), though I have some reservations on its social and spiritual impact on people, but that's totally another topic.
I sure as heck don't have to worry about this one. The best I can ever do is to get a $2.00 winner.
I am very much interest to have this as a franchise Agent so that we will be having a lotto outlet in our place.We have already submitted our application in the name of my husband long ago but until now there is no approval.How long it will take? we complied already the requirements.
I heard the PCSO is so choosy and so strict with these lotto agents and booths. They are into choosing the best location. If you're site will be in a mall, it's easier to be approved. You know the government here, everything takes time. But don't get tired of making follow ups. Hope you get approved. :) God bless!
I am thinking of becoming an agent my self and planning to open up a PCSO lottery both in Davao City. DOes any body know the whole price? or is there a website I can browse? Thank you
great hub!!I learn a lot!!now I have an idea already about it!!tnx!!
Proof of Income? If I don't have any, I would not have a chance to be an agent? This is what stops me from applying because I don't have Income Tax Return...
how much is the bond needed when you open a lotto outlet...
probably how much would be overall cost including the bond?
does the 30k to 50k includes the surety bond already. where can we submit the requirements.? can you call us 09179942773. or can you give your contact details.
thank you
francis tejada>>> just log on to pcso.gov.ph
Very informative! tnx! :)
For Employed:
•Income Tax Return
•Registration of Business Audited Financial Statements
•Certificate of Income
does the registration of business audited financial statements will request to the company where we work at?
willing to a franchise lotto in batangas....
im planning to transfer my outlet. anyone knows what are the requirements to prepare? thanx.
gud day pano mag lotto agent...
what are the requirements if i am an ofw????
how to franchise lotto here in surigao city?
I think you forgot to mention the 300,000 cash bond.
does anybody now where can we make a call to ask certain question about the franchising of lotto outlet
.????
Hello sino ngbebenta ng lotto franchise Sa Bacoor Cavite.. I want to buy
nice one!thanks so much for sharing that info'twas a big help.i already have the site and the booth as well.Well i guess my location is suitable for these.im just wondering where should i go so i could start this out.im from davao city by the way.do u have any idea as well?
how to be a lotto agent , and what are the requirement of an OFW .please anyone
This is such a great help for me since I'm planning to open up my own outlet..
Thanks a lot
^_^ marchvill
Good day! I am interested to franchise a lotto outlet. Can I have your contact number or you may contact me at 0949 673 8575. I have concerns re: the lottery business. Will wait for your response. Thank you very much.
good pm, i am willing to franchise a lotto outlet. you can reached me at my mobile phone number 0927-982-2715. I will wait for your response. Thank you very much.
interested to have lotto outlet
Im an OFW, thinking of retiring frm my overseas job.. and would like to open and manage a franchise of Lotto outlet.. my place is Calamba Area...can reached me or email me at: miles@sritex.co.id
someone is selling me their lotto outlet. will it be easy to transfer it to my name? how does it work?
it really help us in making our proposal!! THANK YOU FOR POSTING THIS!! GREAT JOB!!
im interested to have lotto outlet, is there anyone who is selling their lotto franchise/outlet? somewhere in pasig or marikina sana,.. u can reach me at this number, 09283932521
pwede po kya khit 100k lng pera
im also concern about the transferring of ownership of a lotto outlet.How can i relocate or transfer location of my existing lotto outlet?what are the requirements?if any?tnx
hi!me again...i would just like to ask ..kung gaano kalayo ang 50meters away sa existing lotto outlet? kasi may bagong outlet na i-open pero i think hindi sya 50meters away from the existing outlet?any suggestion or comment on this?what am i going to do?
im concern about the transferring of ownership.kung may bibilhin akong existing outlet,how's the transferring of ownership?im also concern about the distance from the existing outlet.gaano ba kalayo ang 50meters.paano kung wala pang 50m.away dun sa existing outlet possible ba na ma-complaint yung new outlet?tnx
Hi interested ako magkaroon ng lotto outlet... Pls txt me 09273034895..,,
how much it will cost to have a outlet anyone ???
hi! christopher sta maria...are you really interested to owned a lotto outlet?where are you from?we are selling one...i'll text you. Tnx
gusto po ako mkpgtrbho at mging myembro po bilang isang emplyado...09122166390..tnx po
hi po gusto q po mg open ng lotto outlet pls help me.in camarines sur place.
Planning to apply lotto outlet po..how much po the exacr amont inclusive Surety Bond insurance..pls email @ ldbeth21@yahoo.com
hOping for the response very much appreciated thank you..
mgkno po ba lahat magagastos pgng lotto outlet franchise?bkt po aabot sa 500 thou pgwla pa pong site?pakiemail nlng po ako...thank u very much... cherry.blossom47@yahoo.com
ano po pinag iba ng cash bond at surety bond?
@Pinky tomolin - Cash Bond is you pay in cash , while surety bond is in the form of insurance policy where you pay premium monthly or yearly. That depends on the broker or Insurance company you deal with . Lets say PCSO requires an amount of P300,000.00 for the cash Bond or in Lieu of the cash Bond they accept Surety Bond in the amount of P700,000.00 . . . .
good day everyone! may ask po something? i just wanna lang po if how much will i spend for franchising a lottery outlet? atleast i need an exact amount po sana :) thank you so much po...godbless!!!!
hello ana...gud day..i am very interested to own a lotto outlet.im an OFW..magkano po ba lahat magastos?im from bohol...
here is my email add....manski_budz@yahoo.com...please helpy me..tnx
hi i wanna have one. can you please anyone help me. im living here in manila gagalangin tondo. just txt me up 09155781418. thanks to all.;)
i have complete outlet and location in las pinas with land line and internet,according to my survey it is suitable for an outlet with big population sorrunded,so i would like to know how much is this cash bong required or how much is this surety bond? and what is the mood of payment.we are booth ofw but we have somebody to manages this outlet in phil.pls. reply7 to my7 email emman_4rafer@yahoo.com asap
hi, interested poh ako n magkaroon ng lotto outlet anywhere in cavite. Please help me...
i am well interested to become an lotto agent please email joelautida@yahoo.com for the proper flow of process and your office for my inquiry.
how about im single and willing to franchise then employed but no ITR ,what can i do ,pls email me at enricosy31@yahoo.com, then 30 to 50k its that all about that we spend for if for the surety or d franchise fee thanks a lot
gsto ko mg franchise...pano ba gawin to? should i visit the main office? pls help...
gusto ko po sana mag franchise d2 sa candelaria, quezon kaya lang bukid po kami pero nasa main road ang aming pwesto may phone din po at internet na. Pwede po kaya yon email na lang po kung sakali dito medinaflor47@yahoo.com
gusto ko po sana magpatayo nang lotto outlet magakano po ba talaga ang surety bond.at saan ba dapat submit mga reuirements dto ako cagayan se oro?
Why we dont have a pcso website where we can purchase tickets? Sana may online buying ng lotto tickets. nakakatamad kasing pumila and minsan nakakaubos ng oras. bakit kaya di nag-ooffer ng ganito ang PCSO?
Cheeky Girl Level 4 Commenter 19 months ago
I think a certain Hubber is about to get into the Lottery business! Heh! Seriously, this is a great hub. I learned a new thing here. Basically you can't technically ever have a franchise with the Philippine Lottery. Only an Agent. Bummer. But it is good to know! Well done! Great Hub! Cheers, Fehl. Rating up!!