- Increases choices by allowing electronic payment for lottery tickets
- Improves consumer experience: play online from home
- Expansive market: half of adult Americans play the lottery
If you’re tired of standing in line to play Powerball, Mega Millions or SuperLotto Plus, then you should consider signing up for an account with LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG). A paid subscription account with the lottery messenger service allows users the convenience of ordering tickets from the safety and comfort of their homes or offices. No more standing in line on rainy days; no more tussling with unruly fellow customers; a LottoGopher account lets you purchase a lottery ticket without hassle…and at the same price you always pay. As the U.S. economy moves increasingly away from cash, LottoGopher is poised to make its business model part of that cashless world. This Los Angeles, California-based innovator is giving the U.S. lotteries business a ticket to win big as adoption of its technology grows.
Despite the widespread adoption of electronic payments, the typical lotto player generally needs to pay for his ticket with cash if he lives in the District of Columbia, Puerto Rico, the U.S. Virgin Islands or any of the 44 states that are members of the Multi-State Lottery Association (MUSL). Six (6) states (Alabama, Alaska, Hawaii, Mississippi, Nevada, and Utah) have no lotteries. A number of jurisdictions, such as Arkansas, New Mexico, South Carolina, Tennessee, Washington, DC and Wisconsin, only permit cash sales of lotto tickets. In some other states (Connecticut, Iowa, Kansas, Louisiana, Minnesota, Nebraska, New York, North Dakota, Pennsylvania, South Dakota, Washington), although debit cards are allowed by state law, it’s up to the retailer whether to take them or not.
Paying for a lotto ticket with a credit card, although generally frowned upon, is allowed by at least twenty (20) of the forty-seven (47) jurisdictions that are part of the MUSL: Arizona, California, Delaware, Idaho, Illinois, Indiana, Kansas, Louisiana, Maine, Michigan, Minnesota, Nebraska, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Vermont, and Washington. In California, credit card payments are only accepted at designated gas pumps with lottery ticket sale options. In the world of sweepstakes, cash remains king.
And its dominion is extensive; in the U.S., $80 billion is spent on lotteries every year. With about half of adult Americans (approximately 120 million) playing the lottery on a regular basis, according to Gallup (http://dtn.fm/4ngZu), LottoGopher’s target market is just as expansive. At present, the company’s service is only available in California, where residents spent about $6.3 billion on various lotteries, but LottoGopher plans to offer its daily, monthly and annual subscriptions to customers in at least twenty-two (22) other states over the next few years. LottoGopher’s lottery messenger service provides its subscribers with the security of ordering and managing the legal purchase of state lottery tickets online using debit and credit cards. The service allows users to keep track of tickets and winnings and gives them exclusive access to strategies, alerts, and lottery news. Account holders can play alone with a single ticket or join online public or private groups to pool winnings. LottoGopher’s support systems include an automated email follow-up system to capture, score and remarket to email address leads, a social media listening and outreach feature and utilization of Google Analytics tools.
To scale up operations rapidly, LottoGopher has joined forces with Lottoland, the world leader in online lottery. Since launching in 2013, Lottoland has climbed to €300 million in annual sales and now has six (6) million customers on its books. It’s a partnership that is quite likely to hit the jackpot.
For more information, visit the company’s website at www.LottoGopher.com
Let us hear your thoughts: LottoGopher Holdings Inc. Message Board
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
