Jumbo Ticket fails to supply possession or govt data on its web site.
Jumbo Ticket’s web site area (“jumboticket.community”), was privately registered on February twenty seventh, 2021. Jumbo Ticket’s present web site seems to have gone dwell someday in 2022.
In an try to seem reliable, Jumbo Ticket supplies a company handle within the British Virgin Islands.
That is an instantaneous purple flag. BVI is a tax haven regularly utilized by scammers to arrange shell firms in.
Of be aware is Jumbo Ticket’s official FaceBook web page being managed from India:
Whereas not definitive, this implies Jumbo Ticket is being run out of India.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Jumbo Ticket’s Merchandise
Jumbo Ticket has no retailable services or products.
Associates are solely in a position to market Jumbo Ticket affiliate membership itself.
Jumbo Ticket’s Compensation Plan
Jumbo Ticket associates buy lottery ticket packages. Notice that though USD quantities are quoted, Jumbo Ticket operates in cryptocurrency solely.
- Newbie Bundle – $10 to $49 with a 20% bonus funding quantity
- Beginner Bundle – $50 to $99 with a 30% bonus funding quantity
- Semi-Professional Bundle – $100 to $499 with a 40% bonus funding quantity
- Skilled Bundle – $500 to $999 with a 50% bonus funding quantity
- Veteran Bundle – $1000 to $2999 with a 60% bonus funding quantity
- Govt Bundle – $3000 to $4999 with a 70% bonus funding quantity
- Legendary Bundle – $5000 to $9999 with an 80% bonus funding quantity
- Ace Bundle – $10,000 to $24,999 with a 90% bonus funding quantity
- Champion’s Bundle – $25,000 or extra with a 100% bonus funding quantity
Bonus quantities have to be used to buy lottery tickets or fund ticket purchases for recruited associates.
Jumbo Ticket supplies entry to 3 inner lotteries:
Jumbo Ticket affiliate membership supplies entry to 3 unlicensed (unlawful) inner lotteries:
- Mega Jackpot – tickets value $10 and winner receives $100,000, second place pays $5000, third to fifth place pays $1000 and sixth to twentieth place pays $100
- Royal Jackpot – tickets value $50 and winner receives $500,000, second place pays $10,000, third to fifth place pays $25000 and sixth to twentieth place pays $300
- Jumbo Jackpot – tickets value $100 and winner receives $1,000,000, second place pays $20,000, third to fifth place pays $5000 and sixth to thirtieth place pays $500
Scheduling particulars about Jumbo Ticket’s inner lotteries should not disclosed.
The MLM facet of Jumbo Ticket pays on recruitment of affiliate buyers.
Referral Commissions
Jumbo Ticket pays a ten% fee on cryptocurrency invested by personally recruited associates.
Residual Commissions
Jumbo Ticket pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary staff, cut up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are stuffed through direct and oblique recruitment of associates. Notice there isn’t any restrict to how deep a binary staff can develop.
On the finish of every day Jumbo Ticket tallies up new funding quantity on either side of the binary staff.
Residual commissions are paid as 10% of latest funding on the weaker binary staff facet.
As soon as paid out on, funding quantity is matched towards the stronger binary staff facet and flushed.
Leftover quantity on the stronger binary staff facet carries over.
Becoming a member of Jumbo Ticket
Jumbo Ticket affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $50 lottery ticket package deal buy.
Jumbo Ticket Conclusion
Jumbo Ticket presents itself as a “safe on-line lottery platform”. Jumbo Ticket claims it makes use of “safe RNG servers and a provably truthful system”.
That is at odds with Jumbo Ticket’s staged draw occasions, which positively don’t use “RNG servers”.
I don’t have any names however the lead actors in these movies seem like from South America.
Jumbo Ticket’s YouTube channel is stuffed with Fiverr type testimonials and inventory footage advertising and marketing movies.
Lotteries are closely regulated around the globe and, as you might need guessed, Jumbo Ticket isn’t registered anyplace.
This places an enormous query mark on the legitimacy of Jumbo Ticket’s lotteries.
Exterior of Jumbo Ticket’s lotteries being unlicensed, Jumbo Ticket working by means of a BVI shell firm, promoting lottery tickets in cryptocurrency and being run by nameless people lends itself to the lotteries themselves being fraudulent.
In the meantime with nothing marketed or bought to retail clients, the MLM facet of Jumbo Ticket operates as a pyramid scheme.
At greatest with Jumbo Ticket you could have scammers working an unlawful lottery that might disappear at any time.
At worst every part about Jumbo Ticket is pretend and so they’re simply conserving every part spent on fictional lottery tickets.
That customers don’t have any approach of verifying something to do with Jumbo Ticket’s purported lotteries is motive sufficient to remain clear.
