On its website, Jumbo Ticket omits leadership and ownership details.
On February 27, 2021, Jumbo Ticket’s website domain (“jumboticket.network”) was privately registered. It seems like Jumbo Ticket launched their present website in 2022.
Jumbo Ticket offers a company address in the British Virgin Islands in an effort to seem authentic.
This is a warning sign right away. Scammers often establish shell corporations in the BVI, a tax haven.
This implies that Jumbo Ticket is operated out of India, albeit it is not conclusive.
Participants in the thrilling Jumbo Ticket lottery buy tickets, each of which has a unique ticket number. One of these ticket numbers is chosen at random as the winner during the lottery draw. A sizable reward is given to the owner of the winning ticket, and other chosen numbers are assured of extra awards. This lottery is an exciting and possibly life-altering event since it gives players the possibility to win substantial prizes just by buying tickets and keeping the winning ticket number.
Jumbo Ticket offers Mega, Royal, and Jumbo Jackpots, each with a distinct prize value and several winners.
Every jackpot at Jumbo Ticket has many winners who may take home substantial payouts.
With 75 winners per month across all of our jackpot offers, players have plenty of chances to take home significant payouts.
Jumbo Ticket has no retailable products or services.
Affiliates are only able to market Jumbo Ticket affiliate membership itself.
Affiliates of Jumbo Ticket buy lottery ticket bundles. Please take note that Jumbo Ticket only accepts cryptocurrencies, even if USD values are indicated.
Beginner Package: $10 to $49 with a 20% bonus for the first investment
Bonus funds must be used to buy lottery tickets or to pay for affiliates who have been recruited to buy tickets.
Three internal lotteries are accessible with a Jumbo Ticket:
Three unlicensed (illegal) internal lotteries are accessible to Jumbo Ticket affiliate members:
Recruiting affiliate investors is how Jumbo Ticket’s multilevel marketing business makes money.
10% of bitcoin investments made by individually selected affiliates are paid by Jumbo Ticket.
Jumbo Ticket uses a binary compensation mechanism to pay residual commissions.
An affiliate at the top of a binary team, divided into left and right sides, is compensated according to a binary pay structure:
There are two places on the binary team’s initial level. These first two slots are divided into two more positions each, for a total of four positions, to create the binary team’s second level.
The binary team’s levels are created as needed, with each level holding twice as many spots as the one before it.
Affiliates are recruited both directly and indirectly to fill positions on the binary team. Keep in mind that a binary team may develop to any depth.
Jumbo Ticket calculates the new investment volume on both sides of the binary team at the conclusion of each day.
10% of new investments on the weaker binary team side are used to pay residual fees.
Following payout, the investment volume is flushed and compared to the more robust binary team side.
The stronger binary team side’s residual volume is carried over.
Affiliate membership for Jumbo Ticket is free.
A minimum of $50 must be spent on a lottery ticket bundle in order to fully participate in the linked income opportunity.
Limited verifiable information about the business, its employees, or its actual location is available on the website. Reputable financial sites often provide clear details about how they operate.
The website provides a number of high-risk financial services, including cryptocurrency arbitrage and flash loans, but it does not clearly comply with regulations or sufficiently describe the hazards involved.
As is typical in cryptocurrency frauds, the website advertises CLHC, its native coin. Platforms that actively advertise their own coins might raise suspicions among investors.
Testimonials from people in other nations are included on the website, however they can be faked to give it a false impression of validity.
Without hard proof of present performance, the comprehensive strategy and aspirational goals for the future, such as branching out into other industries, may be a ploy to draw in investment.
According to its website, Jumbo Ticket is a “secure online lottery platform.” “Secure RNG servers and a provably fair system” are what Jumbo Ticket says it utilizes.
This contrasts with the staged draw events offered by Jumbo Ticket, which most surely do not make use of “RNG servers.”
The main actors in these videos seem to be from South America, albeit I don’t know their identities.
In addition to operating via a BVI shell company, selling lottery tickets in bitcoin, and having illegal lotteries, Jumbo Ticket also makes it easier for the lotteries to be fraudulent.
In the meanwhile, Jumbo Ticket’s multilevel marketing (MLM) division functions as a pyramid scam as nothing is advertised or sold to retail clients.
Scammers are operating an illicit lottery using Jumbo Ticket, which might vanish at any moment.
In the worst case scenario, Jumbo Ticket is a scam, and all the money paid is being kept on fictitious lottery tickets.
The fact that customers cannot confirm anything related to Jumbo Ticket’s alleged lottery is sufficient enough for caution.
Given Jumbo Ticket Network Crown Bankers low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!
Our algorithm examined a wide range of variables when it automatically evaluated Jumbo Ticket Network, including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.
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