How to Start a PCSO Lotto Outlet Business
“Leave it all to chance. You never know, today might just be your lucky day”. This is always the motto of those people who loves to take risk and speculate (which by the way are quite a number in the population). Most of the time, they engage in lottery and enjoy the bets placed on their random choice of numbers in the hope that these set of numbers will come out (the most interesting part, I guess). However, placing money in this form of “gambling” does not only give a feeling of excitement, but it surely is one great way to help generate income for the country to do more charitable acts. Consequently, this is why lotteries are in existence with our history. With the launch of the Lotto in 1995, it also made sure that it keeps up with the signs of the times and is now being done on-line. This means its drawn is done electronically as its system is already computerized. Thus, bringing more excitement and fun to its large fan base as it can even reach a wider market on a much faster way.
About the PCSO
The Lotto is governed by the Philippine Charity Sweepstakes Office or commonly known as the PCSO in which its major commitment is to provide charity to the Filipino people. Specifically, its mission is to generate funds for health programs and charities of national character through charity sweepstakes races, lotteries and other similar activities. That is why becoming an on-line lotto agent is also a noble business venture as you are not only earning but at the same time you are helping the country to move forward. A PCSO Lotto Outlet Business also does not only provide you income but gives you a sense of accomplishment as you offer opportunities for the people in your community.
Lotto Agent Requirements
First of all you need to be a Filipino citizen and at least 21 years old at the time of application if you will be an individual applicant. For corporation, the business should be duly registered and existing under Philippine laws and the ownership should be 100% Filipino.
Other Documentary Requirements
For individual applicants, below are the necessary documents to be submitted.
- Birth Certificate
- Three (3) latest 2×2 ID picture of the main applicant and the spouse, if applicable
- Any two valid ID for proof of identification
- Proof of income: Income Tax Return (ITR) and Certificate of Employment if employed ITR, registration of Business and audited financial statements, if applicable
- NBI Clearance
- Barangay Clearance
- Sketch/Location map of the proposed site with information on existing lotto outlets
- Pictures of the proposed outlet and the vicinity
- Proof of ownership or lease of outlet (TCT for owner; notarized certification from building owner for lessee)
Criteria in Choosing a Lotto Outlet
The PCSO has strict guidelines and requirements when it comes to the Lotto site, below are the details:
- Distance requirements are as follows: for existing lotto outlets, the other lotto site should be at least 50 meters away (minimum required) from each other. It should also be at least 100 meters away from schools (both elementary and secondary)
- Floor space is at least 2m by 2m. It should have business counters with at least a measure of 36” x 24”.
- Proper ventilation with dry floor space
- All Lotto booth outlets should be enclosed. Its frontage must face the flow of the major human traffic. However, if outlet is situated within a commercial building with 24 hours security, there is no need to enclose the booth
Steps in the Lotto Agent Application
- Submit filled up Lotto Application Form which can be downloaded for free that the PCSO website (pcso.gov.ph) or can be obtained at any PCSO main and regional offices.
- Depending on your location, you may submit your accomplished form together with the requirements mentioned above to the main office if outlet is within Metro Manila and the nearest PCSO branch for outlets outside Metro Manila.
- A required fee of P2,500.00 should be paid at the applicable PCSO office.
- If granted approval, in 30 days you need to perform the following:
- Pay the installation fee of P10,000.00
- Post a cash bond of P300,000.00. In lieu of a cash bond, surety bond can be used to cover the amount of P700,000.00
- Operate the outlet.
- For more information with regards to operating a Lotto outlet, you may contact PCSO at this address:
Philippine Charity Sweepstakes Office
PCSO, PICC Secretariat Bldg.,
CCP Complex, Roxas Blvd.,
Pasay City
Website: www.pcso.gov.ph