There are many people who think that having a lottery administration is synonymous with a stable business and with high profitability, but it is certainly not. The idea of selling tenths of the Christmas draw and other games managed by Selae suggested that the owners obtained great benefits, but the reality is another, because it is a business with frozen commissions, where they can no longer charge prizes greater than 2,000 euros and that they barely earn cents of each tenth.
Thus, several owners of Lottery Administrations to the Eric Ponce channel, who has decided to interview several lottery to explain how the business and discomfort he feels with the Tax Agency, where they always win and they lose.
You may be interested
A man is a tenth of the lottery awarded with 24 million euros a hours after he expired
An owner of a lottery administration does not cut when talking about what he earns: “Of each tenth of Christmas lottery we take 1 euro and the rest for the state, it is not good business”
“A tenth of 20 euros leaves us just a gross euro”
Loteros explain that their benefit depends exclusively on commissions. In the Christmas draw, the most important of the year, the commission barely reaches 5% gross. “Of a tenth of 20 euros we have a euro before taxes. Then we have to discount self -employed, expenses and rent. In the end it is a misery,” says one of them.
The situation is repeated with the rest of the games: the primitive leaves 6% (some cents per ticket) and the Euromillones a similar percentage. In addition, the payment of awards is also limited: they can only pay amounts up to 2,000 euros. Any higher amount must be managed in a bank, which eliminates another possible source of income.
A slave business, with the State as “boss”
The testimonies coincide in an idea: they work for the State, but without any support. “We are like self -employed that we do the work of the Treasury, but without rights or support. The President of Lotteries is a political position, and they never understand what happens in the day to day,” laments one of the interviewees.
During the pandemic, many had to resort to ICO loans to pay payrolls, rentals or even office material. “In the end it was that: eat or pay the paper. And everything to continue entering the State for sales money,” they recall.
The stiffness of the system makes any error fall on the Lotero. If a package of tenths is not returned in time, or if it is lost, the owner must pay it from his pocket. “There is no forgiveness. The state lends you a million in lottery and, if you don’t sell it, you return it in full. If not, you pay it.”
To the lack of profitability is added the growing competition. Lotteries and bets of the State already sell directly on its website, which remains customers to physical administrations. In addition, applications such as Tulotero Consumer habits have changed, especially among the youngest, who no longer attend the traditional office.
“Before we were the illusion center of the neighborhood. We now compete with the Internet and with the mixed points, such as bars and watertightness, which sell the same as us but they have additional income,” they explain.
Is it worth opening an administration?
Most recognize that, with effort, you can live with dignity, but nothing more. “You are not going to have a Ferrari or a floor in Ibiza. You have your salary and your life, but you will not get a millionaire,” admits an administrator.
Others are more blunt: “This business is no longer profitable. Lotteries is gradually drowning us so that we die of inaction. If I went back, I do not know if an administration would open again.”
The paradox is evident: while the raffles generate illusion and millionaire expectations for the players, who sell the tickets survive with the fair, trapped in a system that almost exclusively benefits the State.