A new money making idea from Austria - and a cheap investment for the winner!
By cornyman
@cornyman (1128)
Germany
January 27, 2009 1:36am CST
This guy had a brilliant idea to make money after he couldn't sell his house for an acceptable price. He came up with the idea of a lottery for his house.
He sold 9.999 pieces for the price of 99 EURO, so he earned 989.901 EURO for his 400 square meter luxury villa. And the winner of the lottery got the villa for 99 EURO.
It was reported that there where much more persons who wanted to buy some of the pieces but it was restricted to the 9.999 pieces.
Wouldn't this be a good idea for making some money in the internet or only offline?
6 people like this
17 responses
@faith210 (11224)
• Philippines
27 Jan 09
Hi cornyman! That is one brilliant idea indeed! It was a cheap investment for those lottery buyers and the lucky one will sure to earn that 400 meter luxury villa. That is one brilliant marketing strategy! I am sure that there will also some people who will take the chance in buying a lottery ticket online with that kind of lottery prize. It is a cheap risk considering that the lottery prize can be something like a house or a luxury villa. Although, I am sure that there will be some people who will think that it might be a scam if it is online.
Take care and have a great day!
lovelots..faith
2 people like this
@faith210 (11224)
• Philippines
27 Jan 09
Hi cornyman! I think that it is a great idea to start small first and all winners should submit proofs of their winnings such as photos. But I don't think I could start anything like that..I would rather buy the lotto ticket. lol
lovelots..faith
1 person likes this
@cornyman (1128)
• Germany
10 Feb 09
Hello Lakota12,
i guess you have to be there at the right time to make such a good deal. But I think in these tough times it would be easier because now the banks don't give out mortgages so easily like in the last 4 years.
So i think you could see more persons trying to do this in the future to get the money they need
Have a great time in myLot!
@moondancer (7431)
• United States
27 Jan 09
It usre is and it gives me so many ideas of things to lottery off, lol.
1 person likes this
@cornyman (1128)
• Germany
27 Jan 09
Hello moondancer,
could you share some of your ideas for the lottery, so that we could perhaps take part in the future in one of your lucky drawings.
I think a lot of persons would like to pay less to get something that's much more worth.
What do you think?
Enjoy the time in myLot!
@moondancer (7431)
• United States
27 Jan 09
I was just thinking of some new things that I have around here and have not used that I could use to lottery off,lol. I just started thinking when I read your post how if I sold this or that I could get money, lol.
I have a thing that you put under the truck at the back to pull traliers and I have never used it. and other things.
1 person likes this
@savypat (20216)
• United States
27 Jan 09
Sometimes this works and sometimes not. The news this morning had a house sold but purchase of tickets. The sale of tickets didn't come up to the necessary price but they still had to draw a ticket. A lucky woman won and the sellers had to give up their house.
1 person likes this
@savypat (20216)
• United States
28 Jan 09
Sorry I was unclear, this is another story, they didn't sell enough tickets to make the sales price they wanted so it went for much less. Even though they didn't sell enough tickets, they still had to go on with the drawing. Bottem line they lost money
1 person likes this
@deebomb (15304)
• United States
27 Jan 09
Some years ago a man started with trading with a huge paper clip and he kept trading up and he finally ended up with a house. The lottery idea sounds like a fun war to get rid of something you don't need or can't afford to keep any more. I wonder how he had every thing set up.
@dragon54u (31634)
• United States
27 Jan 09
That was a great idea! Maybe we'll see some more of these lotteries as more people hear about it. That's an awfully cheap price for a house, though, are houses that cheap everywhere in Europe? If so, maybe I should move!
1 person likes this
@yezzyk (180)
• Netherlands
29 Jan 09
HAHAHAHAHA
Don't count on it. The house I live in is a regular one, for a family. Three storie hight, but build in between houses. I have a small backyard. So, no villa.
I would cost you around $300,000, perhaps even $350,000
It's very nice to live here though...
1 person likes this
@Jenaisle (14078)
• Philippines
27 Jan 09
That's a good, no, a brilliant idea. I would apply it offline and try to adapt it online. But how to do it online.? It would be interesting to make it work online but I know it can be done. Good suggestion and happy mylotting.
@maygodblessu44 (7336)
• India
30 Jan 09
Hello my friend cornyman Ji,
I think it can find well deserved place at internet sites also. It is a good idea
In our country, I have seen, while travelling in trains countryside for shorter
distance, many hwakers come with same idea and start auctioning things and they
dispose-off their items which is profitable for both buers and sellers. What a noble
idea. We should learn from them. may god bless and have agreat time.
@snowcat46 (2322)
• United States
27 Jan 09
That is a great idea!! Wish I'd thought of it, darn it.
1 person likes this
@lovesummer (1162)
• Malaysia
27 Jan 09
Great idea!! wow
I am gonna do that some days too. lolz.
1 person likes this
@ankit_frenz (116)
• India
27 Jan 09
you can start with something like $100 from paypal @$1 tickets...
when you reach your limit say $150 you already have made $50
great idea!!
1 person likes this
@Fadolf (545)
• Slovenia
27 Jan 09
That is nice idea, creative way to earn lots of money in a short period. Maybe I'll also sell some things like that. I'll make a program that randomizes the numbers and the program will choose the winner! Is there a link to this lottery or something related with it? Thanks for the info! Happy mylotting.
1 person likes this