January 8

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 January 8

by themillionairedrive

Welcome to my unbiased ShareTheWInnings review!

This company has been generating quite a bit of talk, so I thought I’d dig a little deeper into it.

Maybe you’ve heard about this new venture from Jeremy Duncan and you’re here seeking some clarity on its legitimacy.

Well, you’re in luck. I’m going to guide you through everything I’ve found out, helping you decide whether it’s a good move to get involved or not.

Stay focused, and make sure you read all the way through to the end…

What is ShareTheWinnings?

ShareTheWinnings Review

ShareTheWinnings presents itself as a unique business opportunity centered around lottery pools. The concept involves building a team and participating in these pools together.

The compensation structure is interesting – if anyone in your team wins, you earn a 10% share of their winnings. Additionally, another 10% of the winnings is distributed up the line through nine levels. This multi-level aspect is a key feature of their model, aligning with the typical MLM (Multi-Level Marketing) approach.

The brain behind ShareTheWinnings is Jeremy Duncan, known for launching several MLM-type companies such as Got Backup?, Against All Odds, M80 Advertising, and more recently, My Traffic Powerline. However, it appears that these ventures haven’t been very successful. With My Traffic Powerline reportedly on a decline, it seems that Duncan shifted his focus and resources to kickstart ShareTheWinnings.

Jeremy Duncan ShareTheWinnings

This pattern of moving from one MLM venture to another, especially following the decline or flop of previous ones, is worth noting. It raises questions about the sustainability and long-term viability of ShareTheWinnings, considering the track record of Duncan’s earlier projects. Such a history suggests a need for caution and thorough research before getting involved in this latest venture.

The website for ShareTheWinnings, “ShareTheWinnings.com,” was set up quite recently, with its domain being privately registered on September 29th, 2023. This newness marks yet another venture for Jeremy Duncan, adding to his series of MLM-type businesses.

With this being his fifth attempt at launching such a company, one might wonder if “the fifth time is a charm?” However, given the track record of his previous endeavors, there could be some skepticism about the potential success and longevity of ShareTheWinnings. The pattern of moving from one project to another, especially after earlier ones didn’t take off as hoped, often raises questions about the stability and reliability of the new venture. Therefore, while optimism is always valuable, it’s equally important to approach this latest enterprise with a careful and critical eye.

ShareTheWinnings Products?

ShareTheWinnings operates without offering any retail products or services. Instead, their main focus is on the affiliate program, which individuals can join to promote ShareTheWinnings. As an affiliate, your role would primarily involve recruiting others into the program and potentially participating in the lottery pools they organize. This setup is characteristic of many MLM (Multi-Level Marketing) schemes, where the emphasis is on expanding the network through recruitment and promoting membership rather than selling tangible products or services to consumers.

Hi, I'm Jesse

I'll show you exactly how you can build a profitable business online step by step with no fluff.  This is EXACTLY the method where I went from a car mechanic to building a 7 figure business online.  Now I am going to show you!

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Making Money With Share The Winnings Review?

The primary method to earn money with ShareTheWinnings is centered around recruitment. When you recruit individuals into the company, they are required to pay a one-time fee of $20 and then a monthly subscription of $60. As an affiliate, your earnings come from commissions on these fees paid by the people you recruit.

ShareTheWinnings Scam

ShareTheWinnings Compensation Plan Explained

In the ShareTheWinnings affiliate program, when you successfully recruit someone who remains active with their $60 monthly payment, you are eligible to earn a direct referral commission of $20 per month from each such recruit.

Additionally, ShareTheWinnings employs a 3×10 matrix for residual commissions. This matrix structure allows you to earn from the recruitment efforts not just of yourself but also of those in your downline. Specifically, you can earn 60 cents for each affiliate who is recruited into your matrix.

In a 3×10 matrix, each affiliate is positioned at the top of a matrix with three positions directly under them. This process continues down 10 levels, potentially encompassing a significant number of affiliates. The earnings from this structure depend on the ability of you and your downline to keep recruiting new members and retaining them in the system. This matrix system creates an incentive to build a larger network, as your potential earnings increase with the growth of your matrix.

Joining ShareTheWinnings Reviews?

The ShareTheWinnings affiliate program requires an initial one-time payment of $20, followed by a recurring monthly fee of $60. This payment structure is a part of their affiliate membership, enabling you to participate in their commission and matrix compensation plans. This recurring fee is typical of many MLM programs, where continuous payment is required to maintain active affiliate status and eligibility for earning commissions.

Final Verdict – Scam or Legit?

When evaluating whether ShareTheWinnings is a scam, it’s important to consider several critical facts:

  1. Lack of Retail Products or Services: For a network marketing company or an MLM to be considered legitimate, they typically need to offer retail products or services. ShareTheWinnings, however, does not provide any such products or services. This is a significant red flag, as it suggests that the company’s revenue is primarily based on recruiting new members rather than selling products or services.

  2. Similarity to Previous Failed Ventures: ShareTheWinnings shares a striking resemblance with previous ventures like M80 Advertising, The Rocket Recruiter, and My Traffic Powerline. These initiatives have reportedly failed, with My Traffic Powerline currently in decline. The apparent lack of differentiation in ShareTheWinnings’ model from these unsuccessful ventures raises questions about its potential for success.

  3. Operational Model Resembling a Pyramid Scheme: The primary focus on recruitment for revenue generation, without a base of retail products, aligns closely with the structure of a pyramid scheme. Such schemes are not sustainable in the long term and are illegal in many jurisdictions, including under the FTC Act in the United States.

  4. Inherent Unsustainability of Pyramid Schemes: Pyramid schemes rely heavily on continuous recruitment for revenue generation. Once the recruitment of new members slows down, these schemes typically collapse, leaving many participants with losses.

Given these points, caution and skepticism are highly advisable. The business model of ShareTheWinnings, coupled with its lack of retail offerings and similarities to previous failed MLM ventures, strongly suggests that it operates as a pyramid scheme. It’s generally recommended to avoid joining such schemes, as they are not only unsustainable but also often illegal.

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See you at the top,

-Jesse Singh

P.S.  If you are tired of failing ANY business, click here and check this out to take your game to the next level

Hi, I'm Jesse

I'll show you exactly how you can build a profitable business online step by step with no fluff.  This is EXACTLY the method where I went from a car mechanic to building a 7 figure business online.  Now I am going to show you!

By signing up you agree to our terms

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