Glorypants

The CA lottery has a 1/42M chance of jackpot which is close to your jackpot. That’s a 190x better chance than yours. Powerball is 1/292M, but a much larger jackpot.

$10M is plenty of money for anybody to instantly retire, so plenty of incentive there, but 1/8 billion chance is pretty high in comparison to the lottery options out there. The word “billion” itself is going to deter those who compare it to something in the millions. Your Yotta being free when Lotto is now means it’s infinitely cheaper, but the mentality of the chances are what matter in this scenario.

Have you looked into if it’s possible to drop your chances down? Does that come with more profit and customers so you can afford more insurance?

Edit: I looked into how the Yotta ticketing works. You get 1 ticket per $25 in your savings account up to $10k, for every weekly drawing. So that’s 400 entries per week if you save $10k, which is about even odds with the CA lottery, and better odds than most of the other big lottos of course. If you set up direct deposit you get 20% of that towards tickets with each deposit as well. They also offer a non-FDIC insured savings account which gives you one ticket per $10 instead of $25. That one scares me a bit because this is definitely a startup, so being FDIC insured is pretty important in case the company fails.

My point with “billion” was actually directly aimed at the illiteracy. To get people to switch from lotto to yotta, many of them will compare the odds listed on the site. Just the word “billion” would be a deterrent.

Yeah, but the people who play the lottery are doing it for the chance of escaping poverty, so the cost is of less importance (as long as they can afford it).

Where does the $0.10 come from? I was reading that Yotta gives you entries for each $25 you have deposited with them. I edited my above comment with some calculations.

Do you guys think your table gets more visitors and people to sign up because you're young, pretty girls?

Being approachable can go a long way with strangers on campuses.

Have you looked in to any ways to get around the "bone marrow donor" scare to people who don't know anything about it?

The word "donor" scares me and most people because it makes people think of kidney donor, or organ donor (post-mortem). Maybe put somethings up pointing out that finding a match is super rare in the first place, or that the donation has no lasting effects?