Is LuckTastic a Scam Or Can You Make $10,000 Per Lottery?
Today we are going to take a closer look at the mobile app that has awarded already over $3 million for its users in prizes and rewards. You may have seen pictures on the Internet of guys who earned +$10,000 with this mobile application. Is LuckTastic a Scam or an easy way to make money?
Let’s find out!
Price: Free to Join
Field: Money Making Mobile Apps and Lotteries
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Overall Rank: 40 Out of 100 (Check Out My #1 Recommendation, 98 Out of 100)
What Is LuckTastic?
LuckTastic is a mobile app for iPhone and Android that offers lotteries/scratch cards for you to earn money. They proclaim on the LuckTastic website that a few million dollars have been shared by their users.
$3 Million may sound like a lot of money but if you realize how many users they have, you can quickly count that each user is earning almost nothing with this application. One source said that 1-2 years ago they had 5 million users. It means that LuckTastic would have awarded less than $1 per user. Not very good, huh?
The LuckTastic name is a mixture of Luck and Fantastic. But people who earn big money online, don’t trust their luck. They trust in the hard work.
How does it work and how could you make money? Let’s have a look.
How Does LuckTastic Work?
LuckTastic is very easy to use. First, you just need to download the application into your smartphone. Then you register and you are ready to go.
They say on LuckTastic, “Play, Win, Redeem.” Sounds like a dead-easy way to make money. I have learned after reviewing 200 make money online programs that easy ways to make money are not usually very profitable.
They have new scratchcards every day that you can play. For each scratch card, you will have a chance to earn tokens and/or dollars. However, tokens are not very valuable 1,500-4,600 tokens equal to $1 depending on where are you going to use your tokens.
The first day you will earn 150 tokens for the lottery, the second day you will earn 250 tokens and so on. But after the fifth day, you will earn the fixed amount of tokens so you can’t earn 10,000 tokens per day usually.
How Much Can You Earn with LuckTastic?
As I mentioned above, you will not earn very much with their tokens. But who are these guys on their website who have won $10,000 in LuckTastic lotteries?
Yes, you can earn $10,000 in LuckTastic but the probability is ultimately small. I would say that it’s almost as small as the probability of the Big Bang (and I don’t believe that Big Bang has even happened).
If you want to participate to $10,000 lottery in LuckTastic, first you need to play the app 10 days in a row and just then you can take part. Then you hope for the best and… oh, you didn’t earn $10,000 this time. Let’s wait for another 10 days.
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How to Cash Out from LuckTastic?
Okay, let’s assume that somebody has earned a few dollars after wasting… KRRRHMM…. playing endless hours with LuckTastic. How will he get the money to his bank account? The first option is to use Dwolla which is pretty similar to PayPal.
Then he could also use rewards for buying gift cards from Amazon, Walmart, Restaurant.com, Burger King or to some other stores.
There is also a third option. You can ask them to send a physical check of your winnings. I know that it’s not a very contemporary way of cashing out but it works well too.
How Is LuckTastic Making Money?
You may be wondering how can they just share money for their visitors? Where does LuckTastic get their income?
Those are good questions and I will give you good answers.
LuckTastic earns money through advertisements like many other mobile apps. Companies pay them for the ad space so they make a profit. Who is their target? You, the user.
So, if you consider using LuckTastic, I recommend preparing for hundreds of colorful ads.
LuckTastic Is Only Available in the U.S.
I know that 70-80% of our readers are from the United States so this probably won’t be a problem for you. But for example in Austria where I live, this application is not available. Do you know if they are planning to expand to other countries as well?
Pros & Cons
- Easy to use
- Free to download and use
- Their platform is very colorful and user-friendly
- Only available in the US
- Most members don’t earn almost anything
- Can be very time-wasting
- With LuckTastic you need to rely on luck
- Lots of ads
- No possibility of earning passive income
Conclusion – Is LuckTastic a Scam?
Even though LuckTastic is not the most profitable way to make money, it’s not a scam. Many reliable people have reported that they have earned some dollars with this app. However, I don’t recommend this kind of “time-wasting” apps for anybody.
Time is one of the most valuable assets that you have in your life. If you lose money or a friend, you can win it back. But you will never get the time back. That’s why I emphasize that think carefully how you are going to spend your time (=your life).
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I know that many people go to the University for many years and spend thousands of dollars for the education. What if they would spend that time on learning to earn money online? After 3-5 years they would comfortably earn much more than in a normal 9 to 5 job and they would have a freedom to live wherever they want.
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LuckTastic at a Glance…
Price: Free to Join
Field: Money Making Mobile Apps and Lotteries
Overall Rank: 40 Out of 100
What do you think about LuckTastic? Is it worth of your time?
Would you like to learn how you could earn big money online as well?
Let me know in the comments below! 🙂
I love to hear personal experiences from our readers and visitors. That’s why I promise to respond to every single comment personally (usually within 24 hours).