Have you come across ads for LottoGo and wondered whether it’s a legitimate business or a scam? Here’s what it does and how it works.
Is LottoGo Legit?
LottoGo appears to be a legitimate company, and I couldn’t find any evidence to suggest it is operating as a scam. LottoGo is a licensed gambling operator in Australia through the Northern Territory Government. The business is operated in Australia by Annexio Pty Ltd.
What Is LottoGo?
LottoGo allows Australians to play international lotteries that are not based in Australia. Essentially, they purchase lottery entries on your behalf for overseas draws.
The appeal is fairly obvious. Many international lotteries have jackpots that are far larger than those typically available in Australia. Some overseas draws regularly reach hundreds of millions of dollars.
Should You Use LottoGo?
No.
While LottoGo may be legitimate, it is still gambling. The odds of winning are no better, and are often worse, than the odds of winning an Australian based lottery.
Another downside is that most of the gambling profits do not flow back into Australia. While a small amount may go to the Northern Territory Government through licensing, Australian lotteries generally return money to the local economy and community programs. Overseas lotteries do not provide the same benefit.
It might be fun for the occasional flutter, but it is not a legitimate way to make money or meaningfully change your financial situation. You would be far better off investing that money, putting it into savings, or using it to fund a business venture. All of which have a much greater chance of improving your finances.
Conclusion
LottoGo is legitimate in the sense that it is licensed to operate in Australia and there are reports of real winners using the platform. However, it is still gambling, and the odds of winning are incredibly small. As with any lottery, it should be approached with caution and realistic expectations.
