Many of us want to have a business venture that surely profitable that’s why some businessmen started to franchise
lotto outlet because they think that owning a lottery outlet makes income. PSCO lottery never open a franchise opportunity but you can have a lotto outlet, all you have to do is apply as a lotto agent.
The following are some of the requirements to have a lottery outlet:
1. Individual should be:
– Must be a Filipino
– No criminal record
– Must be at least 21 years old
2. Applicant must submit
– Three latest ID pictures (ID) 2 x 2
– Three latest ID pictures of spouse
– Letter of Intent
– Online Lottery Personal Data Sheet
– Proof of Income
3. Must have a good location for the lotto
4. The cost for your lotto outlet includes:
– Rent
– Lease or sale of the building
– Construction Cost
– Electrical and Phone Line Cost
5. You will be under the Agency Contract
6. Operation for your lotto outlet will be 7:00 AM to 8:30 PM and seven (7) days a week
7. Your lotto outlet should be 100 meters away from any existing lotto outlet
-National Capital Region – 100M
– Southern Tagalog and Bicol Region, Northern and Central Luzon – 200-250M
8. Only required to pay processing fee, installation fee and surety bond.
9. If you have already a site for your lotto outlet, the cost will be around Php 30,000 to Php 50,000 depending on your Surety Bond Insurance option
10. If you don’t have a site, you will spend around Php 500,000 because you will be the one in-charge for the cost of your outlet