With the advent of the dot com bubble and the internet revolution, online lottery purchases today, have become a fad. An increasing number of people that are opening PayPal accounts have seen a tremendous increase in the filling up of their sign-up forms.
International wire transfers have also undergone a massive traffic reversal and tax amendments are being made each day to guarantee proper international bank deposits.
Take for instance, HubPages. Amazon pays only by cheques to Non-U. S associates. Due to this some people were refraining from signing-up on the revenue sharing site. To eliminate this, HubPages started the HubPage Earning program where the author could get the Amazon revenue directly into his or her PayPal via HubPages.
All these trends indicate how the Cloud Pocket phenomenon is blooming at the moment.
With the rise in online transactions, the internet lottery sites have also made their mark. These sites put up giveaways on their homepage and people bid a very low price for the article to enter the contest. Usually it’s way below the actual cost of the object. For example you should pay around $5 for a PS3. Get the difference? Yeah. So if you happen to win the lottery in which case you could get a PS3 just for $5. If you don’t in which case you just lose a meager $5.
I know it is a gamble but the odds of you winning the lottery also are there. And just how exactly does the site take advantage of this? Well, they harvest all of the $5s that the contestants paid to sign-up for winning. Let’s say the cost of a PS3 is $250. If 50 people sign-up for the lottery, the site owner or sponsor has already garnered his cost price and starts running an equivalent revenue. As always, should the site has a high mark-up index on internet search engines and does its advertising campaigns well, a lot more than 50 people are going to sign-up for the sweepstakes. So the sponsor crosses his equivalent point as well as the number of individuals that sign-up after the first 50 multiplied by $50 is his profit.
People like taking risks in today’s world. Some feel that lotteries have a different essence of their very own much like adventure sports. Scientific studies have also risen to suffice for this. Analysts in the healthcare industry state that entering a lottery, making a bet or taking a risk causes the adrenal glands to release a great deal of adrenal within the body. This adrenal makes the metabolic activities faster and thus increases the motor senses of the body due to secondary release of serotonin. Serotonin induces a feeling of excitement and well-being, much like your can of beer or Red-Bull.
People today are entering such lotteries and trying out their luck just for the fun of it. It’s becoming a lot more popular and nobody can escape the self-indulgence of such a lucrative offer. Lottery, I must say can become a really interesting research study for the psychologists.