Welcome to my brand new Lucky Money app review.
Now some new opportunities like to play around the idea of ‘free’ money.
Personally, I have never believed them mainly because I have come across one that pays.
From my experience, you need to either be lucky or need to work hard, and that is for so called free money.
There are few alterations to this app but this one is called Lucky Money.
Like it suggests its one that apparently gives you the chance to earn dollars using your phone.
Here in this post, I will be addressing questions you may have and tell you whether you can hit the jackpot with them.
Lucky Money Review Summary
- Owner: Lucky Money Studio
- What Are They?: Make Money App
- Cost: Free
- Verdict: Legit
- Recommended: No
What Is Lucky Money?
Lucky Money is downloadable from the app store of which is a free sweepstake app where you can complete various fun tasks.
They were created by a company called Lucky Money Studio which is based in Hong Kong. They have launched 3 months ago.
There are also other games like this that claim you can win from participating in sweepstakes including:
How Does It Work?
When you have downloaded the app next job for you is to open up lucky money.
You don’t need to sign up however if you want to save your progress it is as advised.
You can sign up by connecting your Facebook or by making account with your email.
There is a promo that comes with FB of which is free special scratch up cards worth up to 50,000 tokens.
Whether it is worth it either no as I did do the promotion myself and I only got a few tokens from my time.
With the application open you will be shown scratchcards in front of you as well as other ways to get involved by clicking on the menu.
I talk about the opportunities more in detail in a second.
What Opportunities Do They Offer
Lucky money do have a variety of games you can play on your phone. Each one rewards different currencies or both.
Talking of currencies there are two, these consist of dollars which is green and tokens which are yellow.
Dollars are what you are going to be cashing out for cash rewards and you’ll be using your tokens instead to redeem gift cards.
Without further ado let’s talk about what you can do on the app.
First off we have scratchcards and how you win money on knees is by scratching at least three matching symbols.
For example As I’m writing this on my screen right now is one where I need to have three pictures of a cake in order to win $50.
The amount of money you can win from scratchcards does depend however the irony is nobody wins more then the minimal withdrawal.
There are two types of rewards you have ones where your earned cash and others where you’ll get just tokens.
Regardless of the card you will always get tokens more like a consolation prize. The amount you get is often very small, typically around 1000.
Each day they run a lotto competition where you can win up to $100,000 by guessing each of the six numbers.
The more numbers you guessed right the more you get, the first three numbers are token prizes but from 4 to 6 you’ll get cash.
It’s basically like your standard lotto as you are picking numbers from 0 to 59.
The only difference is you are not paying to enter.
Now I’m not sure if anyone as gained through this opportunity however it seems your best bet (pun intended).
You also have the option to enter hourly, weekly, daily, monthly raffles. In order to enter these you’ll need to submit various amounts of tokens to be in with a chance.
Looking at the raffles the daily one seems to be the most expensive to enter requiring.
The Lucky spin is another way you can earn big, by spinning the wheel up to 3 times a day you can get up to 150,000 tokens.
After you have done numerous spins you can then get free hits at cracking eggs where you can win further.
Being a casino app you wouldn’t be surprised to hear there is a slot feature.
I am sure you are familiar with these but if your not you will be spinning to get tokens.
You can enter by using either your tokens which is 4000 per entry or by watching a video.
Slots are supposed to be random and all depends on chance. I did win $0.10 from doing a few spins however whether this is rigged I’m not sure.
Surveys And Tasks
The app is also partnered with third-party companies to give you more ways to earn.
Who they work with is called Tapjoy where you can complete surveys, tasks, sign-ups and more.
For each thing, you do complete you will get tokens, which is not ideal if you want to cash out.
Tokens only pay out in gift vouchers so it’s most likely not worth the time.
To encourage more people to follow them on social media they release codes on their Facebook account daily that you can enter inside the app.
As it suggests you could get lucky and receive up to 10,000,000 tokens for doing so.
How Do You Get Paid?
For some, the payment system may come across as confusing as there two types of currencies that can be redeemed for different things.
The tokens can be withdrawn as gift vouchers and overall is an easy currency to acquire.
You are able to get PayPal but you will need 10’000’000 tokens to do so. I also noticed that this is sold out and in demand because of how easy tokens are to earn.
The lowest amount is 3’000’000 and that is for a £2 Amazon gift card.
For cash, you will need $10 in order to be paid via PayPal.
Aren’t You Technically Gambling?
As you are not putting any money into it you aren’t gambling as its all free. It’s like a normal casino establishment where every game you play where you have to pay to enter.
That is one of the better aspects of an app like this as you can get free money, that is if there is no rigged system in place.
That does seem to be the case here as if everyone was given money by downloading the app there would be no business model in place for them to profit.
What I Like About Lucky Money
1. You Will Lose Only Time, Not Money
The only good thing I can take away from using this app is you are not losing your money. Being free means you will only have your time wasted instead of both.
This isn’t ideal as most of us treasure our time so if you have to kill then by all means check them out.
But the idea of spending hours watching ads in the hope of winning $10 when I could spend all those hours towards something more productive and financially benefiting.
What I Don’t Like About Lucky Money
1. Seems Rigged
Looking Trustpilot, hitting $8.50 is crazily common.
At first glance it’s confusing but when you see that the minimum threshold is $10 and putting 1 and 2 together it doesn’t look good.
What seems to be the case is that the app is rigged and nearly all the users are hitting a certain amount and then not earning anymore.
This is very odd and I know it is all about luck but how come new users are getting dollars in the first months then not seeing anything for months.
2. Too Many Ads
The business model for this app is ad revenue, that is how they operate but also make their money.
This is the main model for most ‘free’ apps out there as instead of making people pay for it they will make far more money from the huge amounts of users.
I have tried to use this app just to test things out and it is filled with ads.
Just doing a few scratchers without being forced to watch an ad is impossible as you have to.
I understand that is how they earn the money but it is constant which will only annoy many people.
3. New And Not Established
Of the apps that offer ways for you to earn free money, this is one of the newest out there and the number is always increasing.
They do have reviews already of which are 90% bad, this is from a reliable source in Trustpilot.
I would stay away from Google Play ratings as they somehow 4.7/5 which is very misleading considering the number of people who haven’t been paid out yet.
As with every new opportunity it is best to give them 6/12 months and see where they come in with the users. At this stage, it does seem like they are a scam.
4. Misleading Reviews
When you go to check out a product or program, reviews are an important step in the process of buying it.
You want to know that what you are getting is worth it and whether are having good experiences.
Something I have noticed that companies are being clever on the app store and offering incentives when users give them good reviews. Like extra points on these MMO apps.
Lucky Money do exactly that, they give you tokens when you leave a positive review. So if you have noticed their star rating it is misleading as they are biased.
The good news is that there are unbiased reviews which can be found, here are some I found.
As you can see by the screenshot this is regular theme for complaints of these app.
Is Lucky Money A Scam?
The premise of this apps on free money is something not to get so carried away on and if you are to use them you have to realise your chances of just a free $1 is very low.
The app is free which saves them from being a scam because honestly what they are offering is rubbish.
It feels like all these apps are making a mockery of most people as they give false hopes.
Not only that but a people are grinding all there time for a few dollars on these apps for which could have been earned easily elsewhere.
As you can see my by this review they aren’t one I recommend and I would advise you to stay from all these kind of apps.
However with all that said I have tried similar apps like Lucky Day app and have found it to be slightly better.
Things like having a leaderboard where it seems you can actual money and even offering Paypal once you have a certain amount of tokens is not too bad.
Eurgh…Lucky Money Will Only Waste Your Time
I don’t tend to like apps like this one as they will only leave you feeling dissatisfied and lots of your time wasted.
The premise of these apps on free money is something not to get so carried away on and if you are to use them you have to realize your chances of just a free $1 is very low.
I can tell you right now that there is no way to get free money and Lucky Money is not your solution to do that.
That is why when people ask me about apps like this I tell them you are looking in the wrong place.
There are so many opportunities out there that I wouldn’t consider this at all. Some may like this as it’s free and gambling without spending appeals.
I hope this Lucky Money app review saved you time especially since shape keeper apps have a history of not paying out.
But if on the off chance you have been able to cash out do let me know by leaving a comment down below.
You can also ask any questions to me that you may have too 🙂