Guide on PCSO Lotto Outlet Franchise Fee You Must Pay to Apply
PCSO LOTTO OUTLET FRANCHISE FEE – Here is a guide on how much you must prepare for application for a lotto outlet franchise.
While there are millions of Filipinos who are lotto bettors, there are also individuals who engage in lotto as a business or a source of living. They franchised an outlet of the Philippine Charity Sweepstakes Office lotto which accepts bets for the lottery games.
Are you one of those who are curious or interested to set up a lotto outlet in your area? If you are at least 100 meters away from elementary and secondary schools and at least 100 meters away from existing lotto outlets (a minimum of 200 meters in provinces), you may apply for a franchise of a lotto outlet.
However, it is best to know that there are some fees that you need to be prepared of. The Philippine Charity Sweepstakes Office has set the PCSO Lotto Outlet franchise fee for application at Php 2,500 per proposed site.
Step 2 — Pay for the Lotto Franchise Application Fee
After submitting the initial requirements which include the duly-accomplished PCSO Lotto / Keno Application Form, the ketch of the Location/Google Map of the proposed outlet site, and the pictures of the proposed outlet/site including its surrounding vicinity, pay for the PCSO lotto outlet franchise fee for application to the PCSO Main Office Treasury Dept. or the Branch Office that covers the proposed site location.
Step 3 — Initial Inspection and Evaluation of the Proposed Site
The PCSO will inspect the proposed site for the lotto outlet. Once it passes the criteria set by the lotto-regulating body, you will be informed within three (3) to five (5) working days through the information you provided on your documents.
The next step of the application for a PCSO lotto franchise is the screening of the qualifications of the applicants. The lotto franchise application is open not only for individual applications but as well as applications done by a partnership and corporation.
The Philippine Charity Sweepstakes Office has set varying qualifications documentary requirements for the screening process.
