What's in It for You
Retailers can earn commission and additional bonus dollars selling Lottery products. In fiscal year 2006, retailers earned more than $34.6 million in commissions and bonuses. Overall, retailers have earned approximately $441.8 million.
How the Compensation Package Works
| Elements |
· |
Scratch Commission |
7% |
| · |
On-Line Commission
|
6% |
| |
(Lotto, Powerball, Cash 5) |
| · |
Cashing Bonus |
1% |
| |
(all prizes redeemed up to $599) |
| · |
Performance Bonus Program |
up to 1/2% of total sales |
| · |
Selling Bonus (see below) |
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| |
|
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| Details |
· |
Scratch paid upon settlement of ticket packs |
| · |
On-Line paid on sales |
| · |
Cashing Bonus paid upon ticket validation |
·
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Performance Bonus paid at the end of each quarter |
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·
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All financial transactions between a retailer and the Colorado Lottery occur through Electronic Funds Transfer (EFT)
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| |
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| Performance Bonus |
· |
Based on Scratch sales achievement |
| · |
Payment made quarterly, based on total sales
1/2% of total sales or
1/4% of total sales
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Selling Bonus
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Product Sold
Powerball jackpot winner (5/5 + 1)
Powerball 5 of 6 winner, with Power Play
(5/5 + 0 with Power Play)
Powerball 5 of 6 winner (5/5 + 0)
Lotto jackpot winner
Cash 5 $20,000 prize winner
|
Retailer Earns
$50,000
$3,000
$2,000
$5,000
$200 |
|
Lottery Support
The Colorado Lottery's sales representatives, along with the advertising, marketing, operations, fiscal, information technology, research & development, and security departments all provide support to Lottery retailers, and are available to assist you in any way possible to help you achieve your sales goals.
- In-counter ticket display units
- Point-of-sale items
- Scratch Ticket Vending Machines
- Advertising (corporate and game specific)
- Promotional support
Interested in becoming a Lottery Retailer? Choose one of these options to continue: