Founder of Club Lotto Jackpots and exclusive agent for global risk management company
PIMS-SCA.
Club Lotto Jackpots was founded to help clubs generate more money to invest in club costs and development.
All 3 of my children have been, and are involved in clubs of all sorts in Ireland. For many years I have seen first hand the fund raising challenges that clubs experience, trying to raise funds to invest in facilities, infrastructure and basic ever increasing costs. It really is tough.
Having worked in gaming and lotteries for a number of years, I had always wondered why prize cover had not been adopted by grassroots organisations and clubs across the country.
Prize cover is simply paying a cost to cover against the risk of having to payout a prize sum if someone wins your lottery, your game or your competition. People are just not familiar with it because they've never had to use it!
It gives marketeers (and now clubs!) the ability to offer spectacular sized prizes that grab attention and generate sales, for a fraction of the actual cost of the prize. It also provides security against payouts that can wipe out profit and brings forecastability to lotto revenue.
The basic premise is that if the cost of the prize or Jackpot cover can be outweighed by the increase in sales revenue and the reduction in risk, then it's a no-brainer.
It doesn't matter how big or small your club is, if the maths make sense then it's a game changer for you.
Clubs with bigger Jackpots generate bigger revenue to invest in club development;
that’s a fact.
In 2024, clubs do not have to worry about where their Big Jackpots are coming from, they can simply have them covered by Club Lotto Jackpots.
It's the way forward.
Milagro Ltd. / Club Lotto Jackpots