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Why
Pooling Works!
People play the lottery to win.
And,
when they don’t win ANYTHING, time-after-time-after-time,
they get tired of losing – and start playing less.
Many
eventually end up giving up on the game, regarding it as
‘impossible to win.’
Conversely,
any win, even a small win, will reinforce a player’s belief
that they CAN win and will reinvigorate them to keep playing.
So,
lotteries need to concentrate on marketing MORE than just
huge jackpots. They need to provide new modes of play that
actually increase players’ chances of winning something.
With
PoolingPLUS™ ten times more lottery players will win something,
ten times more often.
A
pooling ticket reverses the problem of ‘losing fatigue’ by
providing players with a much higher winning frequency. The
results of a pooling ticket not only enforces the belief
that winning is possible, but it provides players with more
excitement via having 10x as many tickets to play with that
can turn dreams into reality. A pooling ticket provides players
with a simple and affordable way of getting significantly
more chances of winning life altering prizes.
How
Pooling Will Grow?
Pooling
will grow from the initial deployment with current players.
The additional growth in pooling will come from lapsed and
infrequent players looking for a reason to get back into
the game and now discovering this new way of playing. Further
demand will result from players’ awareness of winning results
and from players' losing experiences with non-pooling tickets.
Players
will always see the value of pooling since they receive 10
times the tickets for the same price as they pay for one
ticket. State lotteries have been offering different games
with different odds, but players count the odds in their
hand and not in their head. The visual impact of a pooling
ticket will be a very powerful draw.
- The initial demand will come from current players who
see the obvious value in the pooling option: a share in
10 more plays for only $1. Research supports a 20% - 30%
increase in sales from those players.
- Lapsed
and Infrequent Players will start returning to the game
and play more often as they learn about the pooling option.
Here the research speaks for itself: 25% of lapsed/infrequent
players would definitely or probably return to the game
if pooling were offered.
- Winning
Results will spur more demand - Initially 20 out of every
100 winning tickets will come from pooling. Since there
will be ten players associated with each winning pooling
ticket, the number of significant winners ($1,000 up) from
pooling will be 20 winning tickets x 10 winners or 200
winners versus 80 winners from regular winning tickets
- nearly three times as many winners. As those results
are made known via word-of-mouth, advertising, and postings
on the lottery's website, additional players will start
requesting pooling tickets. Each winning ticket will also result in a communication ripple effect - instead of just one winner telling friends and work associates of their good fortune, there will be 10 winners from different parts of the state, each sharing their winning story with their own circle of friends and work associates.
- Increased Demand from Players Frustrated with Losing
- Due to the high odds against winning, most players lose
most of the time, and they often run into long dry spells
of no winners and very few if any matching numbers. Those
players will reach out to include pooling in their mode
of play.
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