“Charge $100 per ticket, get a dinner for $20 and a movie ticket for $10, pocket $70 a ticket.”
OZ
Omar Zinhome
Financial Audit ·
“They pay The Lottery Corporation 4 to 5 percent for selling their ticket... accounts for maybe 6 or 7 percent of total revenue”
The Contrarians with Adam and Adir · AI Money Furnace, Lottery Deep Dive, Fair Work Loses the Plot and AirTree Fight Goes Public
Play from 1:04:40
1:04:40
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
charge a 4-5% fee on each lottery ticket and provide all marketing, earning about 6-7% of total revenue
4-5% fee, 6-7% of revenue
Said nearby on the same subject
“Andreessen Horowitz has also said like our total addressable market is like all, all human wages”
♫
Said on Future of Life Institute Podcast
“We've done at least a million dollars in ad revenue, brand deals, digital courses, event ticket sales, affiliate marketing, book sales, JV partnerships, memberships, coaching”
♫
Said on The Think Media Podcast
“Business had closed out the year with about 4.5 million in revenue, about a 1.2 million in earnings ... 85% of our book is recurring ... churn is five to seven points a year”
♫
Said on Acquiring Minds
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.