So you recently came across an app called Lucky Dollar that promises daily cash rewards and you're wondering if it's legitimate.
In this Lucky Dollar review, we'll take a close look at the app, how it works, how much it pays, and if it's something we can recommend.
Lucky Dollar scam exposed? See here!
Lucky Dollar Review Summary:
Rating: 40 out of 100
Pros: Unlimited scratch cards.
The Cons: It's the lottery, the chances of winning are crazy small. The app is only in three countries and the pay outs are inconsistent.
The Bottom Line:
Looking at Lucky Dollar for a way to make some extra income? It's not something I recommend because it's too random. You might earn some dollars, but it's not reliable, that's for sure.
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What is Lucky Dollar?
Lucky Dollar is an app that where you can play simple lottery scratch games to earn real money and gift cards. They claim the odds to win $1,000 are 1 in 1,000, and it's on Google Play and Apple IOS store.
Here's their video advertisement (take their claims with a grain of salt):
Most of these kind of apps offer limited scratches or spins, and your chances of winning something are incredibly low, while you're bombarded with advertisements. Sometimes you can even watch ads to improve your chances of winning some cash. And there are lots of these kind of apps!
Lucky Dollar is a little bit different. With Lucky Dollar, they offer unlimited scratch cards. It's a matter of tapping on the cards to see if you won. You can also play games and do other activities or tasks to earn some extra money. We'll talk more about the earnings later on.
Overall, Lucky Dollar has a decent rating on Google Play, with a 4.5/5 rating on the platform. According to their reviews, most people are happy with the app and claim it's an easy way to make some quick cash.
Well, I decided to take a look, and here's what I discovered...
Making Money with Lucky Dollar:
Before we continue, I would like to remind you this is lottery app. It comes down to chance, and the chances are usually not in your favor.
Here's the thing:
Depending on the lottery for income is never a good idea because it's completely random. In other words, if you're in desperate need of some quick cash, Lucky Dollar is probably not right for you.
Here's an article were a mention some ways to make fast cash online. Having said that, let's take a look at how Lucky Dollar works. Another thing to remember is this app is currently in the beta test stages!
Where Does it Work?
At the moment, the app only works in a few countries, it's not worldwide. From what I could find out, it's only in United States, Canada, and United Kingdom. The problem is you only receive a notice about this after you enter your email address, which was a little bothersome.
Creating an Account:
Creating an account is straightforward. They only require an email address to get started. Once you enter your email address you'll be able to see the dashboard and start using the app.
The way the app works is pretty simple. Here's a list of some ways to earn with Lucky Dollar:
- Scratch Cards
- Play Games (Soccer, Blackjack, Slots, etc)
- Earn Free Tokens (for Watching Ads)
So there's always something to do. I like how there are unlimited scratch cards. Most of the people who have tried this say they made money relatively quickly.
Getting Paid with Lucky Dollar:
Moving on to the most important subject. Currently there are two ways to redeem coins; PayPal cash or Amazon gift cards. Since the app is brand new, the policies regarding cash outs are a little unclear and likely to change.
At the moment, it looks like the minimum cash out ranges from $1 to $40. In some cases, people were able to cash out a couple dollars, while others had to wait until they reached $40.
Keep in mind, you do need a PayPal account to receive cash. They don't use any other payment processors at the moment. And PayPal has the tendency to eat up a lot in the way of fees!
It seems like the pay out is on a case to case basis, most people agree more than $10 is usually enough. On that note, they do promise instant cash outs on every gold card.
Let's take a look at the pros and cons.
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Lucky Dollar Pros:
Here's what we liked.
1. Unlimited Scratch Cards:
As I mentioned before, most of these type of apps limit your chances to win. Lucky Dollar is great because you have unlimited scratch cards. Granted, most of them don't offer any rewards, but at least you can try it out.
2. Lots of Lottery Games to Play:
Not only can you scratch cards but also play a few other games, such as Blackjack, Soccer, Slots, and more. If you win the simple games, you'll earn some tokens. It's basically like a digital casino.
3. Can Make a Few Quick Dollars:
I'll be honest, it's possible to earn a few quick dollars with Lucky Dollar. The app usually favors new members, and you can earn some cash relatively fast. Some users claimed to earn $10 in a week, and some said they earned that in a day, it varies.
Now let's move on to the cons.
The Cons with Lucky Dollar:
1. Winning is Chance Based:
I'm not a fan of these lottery apps because what it boils down to is chance. I don't want to depend on chance for income. And the odds of you winning could be purposely skewed in their favor.
In their terms and conditions you can find a chart that shows the odds of winning the specific prizes.
See for yourself:
Not very good odds, that's for sure. Notice the max number of winners? That's another limitation you should know about.
2. Inconsistent Cash Out:
I understand that app is brand new, so some bugs and delays are expected. Nevertheless, I wish they were clear about the minimum cash out and payment processing time.
Most survey platforms and similar apps have a page where you can read about their policies, Lucky Dollar doesn't have such a page.
You pretty much have to try it out to see what the deal is. For example, it could take 2 days or 2 weeks to process your cash out payment. Very inconsistent.
3. Earnings Stop After a Certain Point:
After trying the app and researching it further, it looks like the earnings stall after a certain point.
Earlier I mentioned Lucky Dollar favors newcomers, and that seems to be the case, but the downside here is the income for long term users gets stuck.
I have seen lots of reviews a comments online from people saying their earnings have been stuck right below the minimum cash out for months.
For example, one person said he was stuck on $9 for an entire year.
Hopefully the developers can fix that problem.
4. Lucky Dollar is Only in Three Countries:
At the moment, the app is only available in United States, Canada, and UK. I would expect this from survey platforms, but not lottery apps.
The problem is they don't tell you this until after you download and install the app. I feel like there should be a public notice for this issue.
Is Lucky Dollar a Scam?
After reading our list of cons, you're probably thinking Lucky Dollar is definitely a scam.
On the contrary, I don't think Lucky Dollar is a scam. From what I can tell, they do pay members, and you can easily find payment proof online. In short, not a scam.
On the other hand:
Lucky Dollar is not something I can highly recommend. For starters, it's brand new and still has a lot of issues to deal with.
Secondly, trying to win the lottery is never a good idea.
The odds of you winning are ridiculous.
What You Can Do Instead:
If you're looking to make money from home, there are a many things that you can do. But one of the most reliable is building an affiliate marketing website.
I know, that probably sounds a little far-fetched and out of your reach.
The thing is I felt that way too, until I found a really cool and easy to follow online training course. I followed the course, applied the steps, and now I have website that generates income when I'm asleep.
And I'm not lucky, many other people achieved the same goal, some of which make much more than I do.
So if you're interested in learning how to build a legitimate online business, then I highly recommend clicking the button below.
The best part is you can try the course out for free. As a matter of fact, you can stay on the free membership for as long as you want. No trials.
Thanks for taking the time to read this Lucky Dollar review.
Hopefully now you know what is Lucky Dollar and what to expect.
I hope you learned something new.
If you have any questions or want to share your experience with this app, then leave a comment below.
I would love to hear from you. Thanks!
Thank you for reviewing Lucky Dollar app. My friend recommended me to join this program to try our luck. I hated that it doesn’t give clarity about country availability from the beginning, so I thought this app was a scam. If what you said is true about real payout checks, than maybe I just didn’t get lucky with this app. Do you know similar app with worldwide availability? Thanks
Not off the top of my head Alblue. In general, I avoid low paying online platforms and apps.
Because there’s plenty of more meaningful tasks that I can perform to increase my online income that are so much more effective than apps, surveys or basic tasks.
The goal online, at least how I see it, is to build online businesses that eventually run on autopilot.
If you’d like to learn more, check out my free internet marketing training course.
I wouldn’t advise anyone to go into something like this, it is very easy to get addicted to and it’s not always an easy task to fall back. Chances are really not to be taken when it involves offers that possesses as low as 1 out of 1000 possibilities. My husband was once addicted to it, we couldn’t help but to get him a therapist who helped. To even think about it, the platform is not stable, inconsistent payment and it also stops at a certain point. It’s good to venture in businesses like blogging, freelance, Affiliate marketing instead of this
Great advise Roslinecar on using products like Lucky Dollar. I totally agree. It’s better to stick to proven systems that work. I like affiliate marketing via niche websites/blogs and eCommerce by selling on Amazon.
I also like to point out that niche sites can develop into a single website that utilizes a combo on online business models. So affiliate marketing is maybe the steady income you develop as you build organic traffic.
Then you can add eCommerce aspects to your site, sell physical and/or digital products and services or even turn your site into a membership site.
For my top resources to complete these types of tasks, you can review out Top Internet Marketing Products post.
Best of luck!
Personally, I hate lottery and I also hate gambling. There’s are ways that I can use my energy reasonably and I will make enough money, I mean sure way businesses that are online, instead of wasting time on chances that are 1 of 1000, really hard to get and you may never get forever. Lucky dollar is even not so good because of its payout issues and also is available just in 3 countries. I’ll like to recommend Wealthy Affiliate to people willing to know about online marketing. It’s nice to read through.
Awesome Wildecoll, thanks for your feedback on Lucky Dollar and Wealthy Affiliate. I like that Wealthy Affiliate allows you to come into their platform, check them out, take some classes all without spending a dime.
The reality is that if you’re serious, willing to work at it, Wealthy Affiliate has all the tools you need to build a thriving online business.
Lucky Dollar is just as the name “Lucky” is. So my country is not lucky to be included in the country that they support. Even if my country is supported, I may not be Lucky to win some dollars. I have tried similar apps like this in time past. They usually offer unlimited spins just as you have said, but it’s very rare to make some $$$. I have decided to go with affiliate marketing as I need reliable and consistent source of income.
Good choice Vwegbah, here’s my top resources for affiliate marketing should you need some guidance. When ANYONE starts an online business, you need the right tools, consistent support, training and guidance to see progress. At least that’s been my experience.
I could not register for lucky dollar and now that you mentioned the countries they are operating in, that explains. I have look into lucky dollar. They are not a scam, however your probability of success is limited. It is based on “game of chance” business model and you get compensated for encouraging people to play. Some people are drawn to such games, therefore there is a market out there where people enjoy raffles, lotto, scratch cards and various games. Therefore, there is some entertainment value in this. If that is your thing, it is may be a fun thing to do and earn some money along the way. However, I would not invest my time in building a business around it.
Me neither Stanley. Great advice and thanks for your feedback on my Lucky Dollar review. Best – Todd
One of the most ineffective means of making money dir me is through gambling and even, this luckydollar is just way off the list for me. The odds are stack up against anyone and unless you truly do not want a friend or want to take chances with making money online. I really like the fact that you have revealed all these in your review here. Thumbs up to you for sharing this post.
Thanks Rodarrick, I appreciate your feedback on Lucky Dollar. Not too lucky to get sucked into a time waster like this… Cheers
Playing lottery in this age is just like finding the 5 in 100, the chances of making a win are very slim and trust me, they consume even more than you can spend on feeding yourself because it gets addictive. There are so many other ways to make a great deal of money online for those that are willing to be hardworking and not be lazy, thanks for sharing, it’s was helping.
Awesome KingAndrea, I appreciate your feedback. Thanks, Todd
I have actually used the lucky dollar app, and although it is tough to make money it is not an actually scam. I did end up getting a $20 gift card off of the app, but I spent A LOT of time on the app and it’s probably not worth the time spent to make the money. If you have lots of spare time, it’s probably better than playing candy crush but you’re not getting rich anytime soon off of it.
Yeah Travis, it would be great to add up the hours and see how your hourly rate turned out. I’m sure nothing to write home about…
Yeah, I turned my downtime while traveling and living in Colombia into a full time online business that makes passive income. It’s pretty cool.
So my recommendation to you would be to pick a simple niche, something you like or know more about than other people and build a niche site based on affiliate marketing.
That way, in your down time, you can be writing content that targets your niche audience, brings them for free to your site, and converts that traffic to online sales.
All you need is proper training. You can follow along in my Free Affiliate Marketing Training Series and see how it’s done.
Joseph Stasaitis says
Never heard about Lucky Dollar before. I’m not into lotteries that’s probably why. Also with the app being in only three countries and with inconsitent payouts it does not sound too promising at all.
I prefer to spend my time and energy with buidling a solid foundation for an online business which provide value and produces consistent income.
Even though it is not a scam it is not the type of program that I desire to spend my time and effort. But I do appreciate your review of this. All the Best.
You’ve got it figured out Joseph. Thanks for sharing your take on Lucky Dollar. I think you got lucky and found a much better path to make consistent cash online.