Ok, if you go in and drop $2 on a 649, how much does the retailer get for selling it?
Oct 27th, 2005 02:10 PM #1
- Join Date
- Dec 20th, 2003
How much does a retailer make for selling lottery tickets?
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Oct 27th, 2005 02:21 PM #2
- Join Date
- Jul 28th, 2004
i bet you I googled it quicker than you can type [quote]Ok, if you go in and drop $2 on a 649, how much does the retailer get for selling it?[/quote]
The Ontario Lottery and Gaming Corporation retail network is comprised of 7,762 full service retailers (on line and instant products) and 2,524 instant only retailers for a total of 10,286 accounts.
Retailers earn a 5% commission for online sales and 8% for off-line sales. In addition, OLGC retailers are entitled to a 2% cashing bonus for online prize redemptions valued at less than $300 and 3% for off-line prize redemptions of less than $200.
Off-line (instant only) retailers are entitled to receive the following commissions: For selling a $1,000,000 prize - 0.15%; $500,000 - 0.25%; $250,000 - 0.40%. Prizes of $100,000, $50,000, $25,000 and $10,000 receive 0.01% commission.
online retailers are entitled to receive the following commissions: 1st prize on Lotto 6/49, Lotto Super 7, Lottario - $1,000 plus $100 for each time the previous jackpot was not won (divided by the number of winning retailers in Ontario); 2nd prize on Lotto 6/49, Lotto Super 7, Lottario - $500 (divided by the number of winning retailers in Ontario); 1st prize on Encore and Winner Take All - $1,000.
Retailer incentive programs are run periodically, primarily during new game launches.
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