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View Full Version : Clerk wins $259 Million...


Striker
April 24th, 2010, 06:07 AM
Why don't we have those ridiculous jackpots in Bahrain?

http://www.msnbc.msn.com/id/36723890/ns/us_news-wonderful_world/?GT1=43001
BLOODLINE
April 24th, 2010, 12:11 PM
Luuuuckkkkkkkk!
4ced
April 27th, 2010, 12:19 AM
youve got those 1,000,000 dollar jackpots at dubai airport. 100bd a ticket. =0
Striker
April 27th, 2010, 03:19 AM
100BD? fkkin rip off!!

Where are those good old days where we used to play SHOOT for 1BD hahaha!
4ced
April 28th, 2010, 11:48 AM
what did u win from shoot? 500 fils? or a free cheeseburger from mcdonalds?
Striker
April 28th, 2010, 12:36 PM
50bd!!!!!!
designo
April 28th, 2010, 12:42 PM
youve got those 1,000,000 dollar jackpots at dubai airport. 100bd a ticket. =0

If they limit the tickets to only 3780, I will get one.
4ced
April 28th, 2010, 01:38 PM
you have to take into account logistical costs for actually putting this lottery together, then marketing costs, as well as staff costs for maintaining the whole thing, a little bit of profit on the side, and there you go. its not such a bad deal.
designo
April 28th, 2010, 01:45 PM
So how many tickets are available basically? That's what I wanna know!
4ced
April 28th, 2010, 01:58 PM
5000. nice round number yeah.
designo
April 28th, 2010, 02:03 PM
That's quite a profit margin! Are they financing this amount from the bank?? :laf:
coolioo
April 28th, 2010, 02:20 PM
^^^ as per calculations

5000 Tickets X BD100 = BD500,000

Price : 375,000

Total Turnover minus the Prize Value = BD125,000 , moreover I wonder how it cost's them for putting this business up ?
4ced
April 28th, 2010, 04:23 PM
I'm estimating costs to be close to BHD25,000 if we're calculating draw logistics, staffing, stands etc, and mostly marketing. Still, you're making a good 100k. And no designo, they dont need to finance, as by the time they actually have to pay out the cash prize, they've already sold all the tickets and put the money in a short term interest bearing account. It makes sense. Wanna start one up in Bahrain? I mean, Bahrain Duty Free does the cars, but as long as we can put up the marketing/operating budget we should be looking to make quite a bit of moolah. Doesn't need to be as extreme as 100 dinar ticket, we could be selling 10 dinar tickets for a lower prize, just make it as attractive (100,000 dinars, a salary for the next 10 years, whatever).
KLEEMANN
April 28th, 2010, 04:38 PM
^ 7aram!!!
4ced
April 30th, 2010, 08:45 PM
that depends on how u look at it. i want to start the first 7alal casino in bahrain but the ministry are giving me a hard time
Death666wish_
April 30th, 2010, 09:52 PM
mal 7araaaaaaaaaaaam latjeeba y5awifni