Lottery draws are considered one of the most popular areas of the modern gaming business. This type of gambling is legal in many countries of the world.
There are many diversified types of random drawing options. Regular sweepstakes and contest events attract players with big jackpots. Instant lotteries allow gamblers to try their luck and win a prize here and now.
To open a successful online lottery business, it is necessary to obtain a gambling licence, purchase the desired software, rent reliable hosting, connect payment and security systems, and launch an effective advertising campaign.
The 2WinPower team will take responsibility for the implementation of all the essential tasks.
The duration of organising a gaming project depends on the chosen format of work. An operator can launch a lottery business in several ways:
If you decide to open an online lottery on your own, you should follow these steps:
The independent launch requires significant financial investments and special technical skills.
We offer more convenient and practical options:
Turn to the 2WinPower to avoid solving technical and organisational issues. Just choose a suitable cooperation option, conclude an agreement and start creating your client base.
The price of a project depends on several factors:
The 2WinPower studio proposes online lotteries for sale in two formats:
For details, please, contact our specialists.
To open an online lottery and make good profits, consider the following aspects:
One of the obligatory aspects of building a customer base is a well-thought-out marketing program.
In addition to technical components for organising a start-up, you can order advertising services from the 2WinPower studio. We guarantee achieving a net profit by the end of the first year of cooperation.
The lottery business is a promising area that ensures high customer involvement and the return on investment. The correctly chosen sweepstakes and contest software is one of the keys to success, as well as an effective marketing campaign and a well-thought-out financial strategy.
You can order lottery software from 2WinPower to run a cost efficient sweepstakes project. We offer software from the world’s leading providers, professional technical support, payment gateway options, and legal compliance according to official rules.
You can establish a lottery business in land-based gambling locations or on the virtual platform. Both options have their advantages:
To become a leader in the lottery industry and scale your business without any problems, it is important to concentrate on both sectors. You can buy a lottery machine or gambling terminal, and at the same time, promote a sweepstakes and contest website with dynamic raffles on the Internet. Both activities feature rich earning opportunities and can be easily managed.
To perform their activities and organise lottery conducting, sweepstake managers will need certain knowledge, skills, and cost efficient investment. To independently launch a lottery project from scratch, it is important to take several steps:
At the start, operators will need to:
It is worth registering as a legal entity without using the simplified taxation system for lottery solutions. Sole proprietors are not allowed to perform gambling activities due to official rules. Otherwise, operators of projects with lottery games will have to pay huge fines and face other types of sanctions for neglecting legal compliance.
The lottery business is a highly profitable sector with honest chances to win but even here, there may be some financial problems. This may happen, for example, if the company will not be able to pay the prize money in full (when wins are too big).
To protect the business from the loss of reputation and penalty charges, sweepstake managers should create a reserve fund. It is one of the most efficient lottery solutions for novice market participants. Its size, methods of replenishment, and other details are indicated in special documents.
The company will need high-quality lottery software with wide functionality, simple installation, and other attractive features. With such a solution, you can:
Operators can buy the lottery software of approved vendors or create games of chance on their own. To develop a modern and reliable product, the company will have to hire a team of experienced architects, programmers, and testers to ensure online and offline projects feature rich and configurable functionality.
To run a cost efficient lottery business, it is necessary to ensure legal compliance and obtain a licence in the selected jurisdiction. Lottery tickets can be legally sold even in those countries where other types of gambling are prohibited. For example, in China where it is not allowed to gamble but its multi-million population enjoying buying lottery tickets with good chances to win.
Licensing is the last step in the process of launching a lottery project. To obtain a permit, the applicant needs to provide a package of juridical documents, present a detailed business plan, and confirm the availability of funds in the insurance fund.
When filing an application for an online lottery software solution, the operator must sign an entry form for a cooperation agreement with one or more software vendors. If the priority is to independently develop lottery software, it will be necessary to provide a dummy program with a detailed description of the principles of its functioning.
Sweepstakes and contest software development is a rather costly process. The company needs to hire a team of specialists who will take into account all the wishes of customers and the specifics of their activities.
It is much easier, faster, and more efficient to purchase lottery software from a reliable vendor of games of chance with hundreds of successful projects in his portfolio and impeccable quality of solutions. Such an approach will feature rich possibilities of interactive opportunities, payment gateway options, administrative support, and 24/7 customer service.
There are dozens of well-known manufacturers on the market, so the choice is really wide. However, it is worth remembering a few basic parameters that the truly effective lottery software must include:
The best lottery software processes more than 5 thousand requests per minute, including ticket sales, drawings, determination of the winner, payment of bonuses, etc.
It will be a good option to choose a product that supports several types of lotteries (for example, cash and giveaways) or makes it possible to organise frequent rounds (for example, every 10–15 minutes).
Products that support instant and motivating draws are also very popular and feature rich interactive components
Flexibility of settings
The lottery software that allows operators to install additional game content will be an excellent choice. This can be sports betting, slot machines with built-in RNG, live games, etc.
Integration channels and other flexible tools are created during the coding phase of an online lottery software solution, which makes it much easier to connect additional options in the future
High level of security
Like any other casino program, the lottery software interacts with flows of confidential data (this is personal information about players: passwords, payment details, features of the source code, etc.).
To ensure the confidentiality of data, the software contains special protection mechanisms. These are built-in firewalls, SSL encryption, multi-factor authentication, secured payment gateway APIs and other powerful options
The lottery games solution should work flawlessly on any operating system designed for PCs and mobile gadgets. The ability to connect and manage land-based of sales points (terminals, game cabinets) only increases the value of the software.
The presence of a mobile version of lottery games (for Android, iOS, and other operating systems) is a mandatory condition, given the active growth of mobile internet traffic over the last few years
The development of lottery software is based on the use of a random number generator ― a computing mechanism that instantly determines the winning combination.
The operation of the RNG in games of chance must be flawless and uninterrupted and exclude any modifications. In order for the products to meet the stated requirements, it is important to conduct annual RNG testing with a quality certificate
The necessity to have a substantial budget can be an obstacle in the way to creating a profitable online sweepstakes project. Lottery software developers put a considerable price tag on their products. A beginning entrepreneur may not afford it, so cost efficient alternative versions are typically reviewed.
White Label lottery software is an ideal variant for gambling operators who are willing to start their business path in the industry. It is cheaper, quicker to integrate, and has all the required support from sweepstakes software companies.
How to select the best White Label serviceability:
In comparison to an independent elaboration, rent-based options are several times cheaper. Lottery software providers that offer all integration opportunities tag their cost at around $10,000–20,000 per project. This is an affordable sum for a business that is expected to bring hundreds of thousands in the long run.
It is also vital to remember that the online lottery software development process does not stand still. It is adapted according to the realities of the modern digitised world. So, the best lottery software providers pay attention to the relevance of products and chances to win in them. This is the key to appealing to the audience.
Dozens of manufacturers all over the world produce software for lottery terminals and online platforms. There are a lot of solutions to order to enter a profitable segment.
When establishing a gambling business, it is worth paying attention to solutions of the following developers:
2WinPower is a reliable supplier of lottery software from the world’s leading vendors.
From us, you can rent the lottery software on the most favourable terms to run a sweepstakes site successfully. We also offer demo versions of products, as well as technical and legal support of gambling projects. Our trial version of a sweepstakes site includes the latest online lottery software solution to match the market standards and trends.
By turning to 2WinPower, you can purchase programs for the development of bookmaker’s offices, gaming sites, poker platforms, and several tournaments with impressive prize pools. There are lots of lucrative options to order to enter the sphere — just fill out the entry form.
Be careful! We noticed that cybercriminals are using the Skype account live:twowinpower to deceive our customers.
For security reasons, please enter only contact details published on the page https://2wpower.com/en/feedback
Our company is not responsible for the actions of persons using Skype live:twowinpower.