Is Lotto Magic A Scam? (Turn Luck To Wealth?)

While surfing the web, I came across a certain website that claims to make its clients rich. Now, this isn’t a unique claim, but it’s one definitely worth considering. After all, who doesn’t dream of a life of yachts, partying with celebrities, and mansions? This website, folks, is called Lotto Magic.

Is Lotto Magic a Scam? Yes, it is.

From the get-go, it’s as clear as day that Lotto Magic ain’t legit. Today, I’m going to show you why their claims are totally bogus and why you should avoid it at all costs.

What Is Lotto Magic?

• Name: Lotto Magic
• Website: lottomagic.com, wealthperx.com
• Founder: Richard Moore
• Cost: Starts from $25
• Rating: 0/10

Lotto Magic is a lottery pool club. It’s a home-based organization operating out of Florida. Essentially, the company claims that by joining its business, you will get paid to play the lottery, regardless of whether you win or not.

In 2014, Lotto Magic changed its name to Wealthperx and operates as a lotto pool club and MLM company. It focuses heavily on the MLM-side of its business and has its members do all of its marketing.

The company was founded by a certain Mr. Richard Moore who… doesn’t really have an online presence. He started the company back in 1996 after realizing that lottery clubs and office pools had higher chances of winning the lottery. He also realized that the power of computers could be harnessed to “filter” number combinations with a higher likelihood of winning.

According to Richard Moore, you should join Lotto Magic/Wealthperx because it can be “very profitable.”

What Does Lotto Magic Have to Offer?

Lotto Magic doesn’t offer any tangible products. Upon joining, you are welcome to take part in one of three of its so-called services.

1. Trade and Invest Like a Pro

First, they offer a subscription service to AstroTechTrading or Astrofx. This service “teaches” its members how to become smarter investors and make big bucks through stock and forex markets. Registering directly with AstroTechTrading can cost a small fortune, but through Magic Lotto, you’re entitled to a significant discount.

2. Exclusive Savings Club

Learn how to save hundreds of dollars on groceries and eating out. The Exclusive Savings Club gives you access to a wide pool of coupons you can use to save cents on certain purchases. These cents can accumulate to hundreds of dollars in savings over a 12-month period.

3. Vacation Club

All six member types are eligible to win a discount vacation package. Those with Director packages can get access to a six-night stay at a resort in Mexico and other lucrative multi-day travel deals.

What Does It Cost to Join Lotto Magic?

To sign up, you’ll need to pay a monthly subscription fee of between $25 and $240 dollars. You can choose to be either a Player or a Director. Here’s a quick rundown of the package deals.

Players

• Team Player @ $25/mo
• Power Player @ $60/mo
• Mega Player @ $120/mo

Directors

• Team Captain @ $50/mo
• Power Captain @ $120mo
• Mega Captain @ $240/mo

So, by signing up, you’re looking at spending between $300 and $2,880 annually. This isn’t actually the worst to come out of an MLM company, though it is pretty costly to those who are looking to make money online.

How Do You Make Money with Lotto Magic?

Here’s where the “magic” happens.

Remember at the beginning where I said you can make money regardless of whether your ticket numbers win or not? Well, try and guess where the money comes from.

That’s right; you’re recruiting efforts.

You, a Player or Director, are tasked with finding more people to join the lottery pool in order to “increase your chances of winning.” However, if you don’t win (which is the more likely outcome), you’ll still earn a monthly royalty that comes from the money your recruits put into the pool.

And here’s where things get a little too MLM-y for me. The more you recruit, the more you can earn. There are multiple income brackets based on how many people you have working under you, or, in MLM jargon, how many levels you have.

The most you can make per enrollee is half that of your initial sign-up package. So, if you registered as a Mega Captain, you can potentially make $120 per new recruit. Spend more, make more.

Things I Like About Lotto Magic (Pros)

Now, onto more pressing matters. Why you should consider joining Lotto Magic/Wealthperx.

You shouldn’t.

Things I Dislike About Lotto Magic (Cons)

Here are just a few reasons why Lotto Magic is bulls***.

1. Nonsensical Claims

We can all agree that the more lottery tickets you buy, the greater your chances are. However, do you know the exact figures? According to Lottery USA, your chances of winning are 1:302 million or getting struck by lightning 604 times before winning. Assuming you have more money pooled up, your chances go up, but not by that much.

2. Barred in Iowa since 2017

A court-approved agreement barred Wealthperx from operating in the state of Iowa due to, what the Attorney General calls it, blatant fraudulent content. Lotto Magic/Wealthperx ain’t being honest with its clientele.

3. Recruit, Recruit, Recruit!

So, if you don’t win the lottery, how do you make money? Through suckers who invested in the “pool” after you. If you sign up earlier, you can potentially make more from your investment. Of course, you’ll have to subtract the monthly subscription cost before you get down to calculating your profits.

4. What Are the Ticket Numbers?

The software used to automatically choose the numbers rests in the hands of Richard Moore and however many goons he has working for him. They are running the show, and you never know whether they’re actually using the money for lottery tickets.

Also, they never disclose the ticket numbers to its members. If they win, they can simply tell you that they didn’t, and you have nothing to do but cross your fingers and hope for the best in the following lottery season.

Verdict: It’s a Ponzi Scheme

Magic Lotto or Wealthperx or whatever the hell you wanna call it; it’s a Ponzi scheme through-and-through. The only way to make some of your money back is by recruiting new members. A portion of their registration fees go to your pocket, and the new investor has to recruit in order to make some of his or her money back.

The sign-up packages (investing, savings, vacation discounts) are not worth your money. The investment services are a joke, you can find coupons online, and you’ll have to jump through hoops to gain access to discounted resort and cruise tickets.

Stay the hell away from this company. Like Up2Give and Club Cash Fund, it spells trouble.  

But, if you’re still interested in making money online, there’s a little thing called affiliate marketing you should try out. It has nothing to do with MLM; all you have to do is advertise another company’s products, and you’ll earn a cut of the profits for every sale you help generate.

The greater your online following, the higher your potential earnings become. Plus, you don’t have to pay an employer to work. Any money you make is yours and yours alone! 

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