Want to Earn Some Extra Money?
- Survey Junkie: Earn up to $50 per survey with one of the highest-paying survey sites on the web. Join Survey Junkie Now
- Swagbucks: Make money watching videos, taking surveys, shopping online and more. Join Swagbucks Now & Get a $5 Bonus
- LifePoints: Quickly becomming one of the best survey sites out there. Earn up to $10 per survey in a short time. Join LifePoints Now For a 10 Point Bonus
- MobileXpression: Earn free money (passive income) just by leaving an app installed on your phone. Join MobileXpression Now & Get a Free Gift Card in One Week
If you’re looking to supplement your income, using smartphone apps to create a passive income is one of the greatest ways to earn some extra cash. Little to no maintenance is required, and most of the time you can even earn money sleeping.
The YooLotto app is no different, allowing you to earn $5 or more per day running videos on your phone.
- Direct Link to App (bonus code 49R0RE)
What Is YooLotto?
YooLotto is a free rewards app that pays you to complete tasks from your phone. Each time you complete one of these tasks, you earn points in the form of a virtual currency called YooBux, which can be exchanged for real cash prizes such as gift cards or PayPal deposits.
Here are the current tasks that you can complete to earn cash:
- Scan lottery tickets – even if your lotto ticket isn’t a winning one, YooLotto will pay you for it.
- Playing games
- Participating in the YooLotto mobile lottery
- Watching video ads
- Daily check-ins
- Referring friends
YooLotto is able to pay you due to their advertisers. Each time you complete a task, they earn a small commission and give a portion of it back to the user – you.
Although there are plenty of ways to earn with the YooLotto app, we’re going to be primarily focusing on watching videos. This is because this task will generate the most amount of earnings with the least amount of work.
How Can I Generate A Passive Income With YooLotto?
Most apps that pay you to watch videos require you to hit a play button or close an ad each time a video finishes. This means that in order to be constantly earning money, you need to stay by your phone and wait for the video to finish. While it doesn’t take much effort, it definitely takes up a lot of your time.
YooLotto works a little bit differently. Instead of having to sit by your phone and hit a button to proceed the next video, the app automatically does this for you. This means that your phone can leave the app running and earn money for you while you sleep, thus generating a passive income.
There’s unlimited devices
What’s great about YooLotto is that there’s no device limit. For the time being, whether you have 1 phone or 10, your account will not get banned for having more devices.
Keep in mind that you only want to create one account for all of the phones that you have. The more phones you have, the more you make.
It is possible that YooLotto will change their policy on unlimited devices in the future. In the past they’ve limited it to 10, so be aware of this change. They will usually inform their users, but you can always follow their page for updates.
Which phones should I use?
In order to maximize your earnings, you’re going to want to run as many phones as possible, or at least until your internet connection supports it.
If you get a really cheap phone, it can end up saving you money, but may also frequently cash on you. This ruins the point of generating a passive income with YooLotto.
We recommend getting the LG Optimus Zone 3 smartphone. It doesn’t cost much, and after a short time you will quickly earn your money back by running the YooLotto app. Furthermore, the phone is good enough to run videos 24/7 for months on end without breaking your wallet.
Is YooLotto 100% Passive?
For the most part, yes. Most of the time you can leave your phone running without having to touch it, assuming your phone can withstand playing videos all day long.
However, every once in a while, YooLotto throws in a static ad instead of a video ad. When this happens, in order to keep videos playing you’ll need to close the ad before they can resume.
This doesn’t happen very often, but it’s important to be aware of. If you happen to be away from your phones for too long and a static ad comes up, videos will stop playing and it can greatly impact your earnings.
How Much Can I Earn With YooLotto?
As mentioned above, each time you complete a task on the YooLotto app you earn points in the form of a virtual currency called YooBux. 100 YouBux is equivalent to $1 USD, and you need a minimum of 100 to cash out.
We’re going to cover the different ways in which you can earn, but again mostly focus on watching videos. Keep in mind that all estimates are going to assume that you have a fairly fast internet connection that’s stable.
Each video you watch typically takes about 30 seconds to complete and automatically runs one after another. If you leave a device running video ads for 24 hours, you can typically earn around $1 per day. This number will fluctuate depending on how smooth your phone runs as well as your internet speed.
This YouTube user even made a spreadsheet (shown below) to demonstrate his earnings. He was running 5 LG Optimus Zone 3 smartphones and was making roughly $5 per day.
However, he noticed that when static ads starting appearing, his earnings dropped if he wasn’t attentive.
In just 9 days, he earned $42 or an average of $4.67 per day on just 5 phones. This was mostly due to the fact that static ads started appearing. If he were to increase that amount to 10 phones, this amount would double.
Keep in mind that most typical internet connections might have difficulty running any more devices than 10. For that matter, gradually add in to your phone farm until you notice your connection becoming unstable.
Scanning Lotto Tickets
YooLotto was originally created to help users track their lotto tickets. Take a picture using your mobile device and YooLotto will tell you whether your ticket is a winning one or not.
Playing a YooLotto game consists of gambling your YooBux in order to make more YooBux. This can be done via a scratch ticket game or by playing the LuckyYoo Slots. Since there’s the potential to lose all of your hard-earned cash, we suggest staying away from this option.
The Mobile Lottery is yet another gambling system that takes YooBux to play. While the earnings are quite large, it’s highly unlikely that you’re going to earn anything. Therefore, we suggest you stay out of this one unless you’re feeling very lucky.
The daily check-in awards you for logging-in to the app daily. You can earn a maximum of 1 YooBux every 24 hours.
Aside from watching video ads, referring your friends is a must if you want to keep earning cash. Each time someone uses your promo code when registering for the YooLotto app, they earn a 25 YooBux bonus and you get to keep 10% of all of their earnings.
Convince your friends of how great this app is and how it’s helped you create some extra cash. If you’d like to support FFL, you can use our referral code 49R0RE – we’d greatly appreciate it!
How Do I Get Started With YooBux?
Registering with YooBux is incredibly simply. Yet in order to ensure that you don’t miss any details, we’re going to walk you through the process in 4 easy steps. Again, we’re mostly going to focus on watching videos.
You can register for a free YooLotto account by clicking this link here. All you need is an email and to create a password. Use promo code 49R0RE to receive a bonus upon sign-up. Don’t forget to verify your email after registration. Even if you plan on using multiple devices, you only need to create one account.
2. Complete tasks.
While there are many different ways to earn with YooLotto, the best task you can focus on is with watching videos. Expect to earn $1 per day running your phone 24/7. We suggest getting the LG Optimus Zone 3 since it doesn’t cost much and will be able to run videos for months on end.
3. Cash out.
Once your account reaches a minimum of 100 YouBux, you can cash out directly to your PayPal or for an Amazon gift card.
4. Refer your friends.
Aside from watching videos, referring your friends is one of the greatest ways to earn with the YooLotto app. For each friend that you refer that uses your promo code, you earn 10% of all of their earnings for life. If you’d like to support FFL, please use our promo code 49R0RE – thank you!
What Are Other Apps That I Can Use To Earn A Passive Income?
Just because you’re making great money with YooLotto doesn’t mean that you have to stop there. There are plenty of other passive money making apps. We’re going to list our top 3.
1. Screen Stash
Screen Stash has to be one of the greatest passive income apps out there due to its ease of use. There’s literally no extra work involved except for cashing out and installation.
Screen Stash works by paying you each time you unlock your phone by placing an ad on your screen. This ad in no way will interfere with the normal way that you unlock your phone.
The only difference is whether you choose to swipe left to engage with the ad or not. Whether you engage with the ad or not, you still get paid. This means that you can keep using your phone like you normally would and still get paid!
You can’t earn much, but it’s not bad for doing anything extra. Expect to earn about $5/month with Screen Stash. You need a minimum of 1,500 points to cash out, but we recommend saving up more since you can cash out for more the more you save up.
Cross Media Panel is both a browser extension and a mobile app. Get paid for browsing the web. By allowing them to track your internet usage, you help companies improve their products and services by giving them data about your search terms and other useful information.
Registration is completely free, and you can earn $1 per week on each device that you have it installed on. Keep in mind that you can only have a maximum of 3 devices for a total of $12 per month in passive income.
Again, all of the data that they collect is completely anonymous. You can cash out with as little as $5 for a gift card of your choosing.
While you can only earn about $20 per year, the MobileXpression app is one of the easiest ways to earn some extra cash. All you have to do is leave the app installed on your phone while they collect data about your phone usage.
You earn a a $5 Amazon gift card within your first couple of weeks as an added bonus of registering as a new user. Unfortunately, this app is currently only available for Android devices.
The earnings aren’t high, but it takes only a few minutes to sign-up. Furthermore, you literally don’t have to do anything as long as the app is left on your phone, except for cashing out for gift cards of course.
Frequently Asked Questions About YooLotto
We receive a lot of emails regarding the YooLotto App, so we’d like to cover some frequently asked questions.
1. Will my account get banned for running too many devices?
This shouldn’t be a problem since their current policy states that you can have unlimited devices. However, this may change at any time, as in the past they’ve limited it to 10. You can follow their updates on the YooLotto page.
2. Where is the cheapest place to buy phones?
We highly suggest getting the LG Optimus Zone 3 phone on Amazon since they offer the best prices. Sometimes you’ll be able to get a discount by purchasing the phone refurbished or used on Amazon Warehouse.
3. Will I run out of bandwidth?
This entirely depends on your internet service provider. I personally use Comcast, and I know that on residential accounts there’s a cap of 250 GB per month. I find that running 1 phone for a month straight uses up about 50 GB, so 5 phones per month would reach this limit.
However, there have been times when I’ve been over the bandwidth cap and Comcast hasn’t said a thing. Yet I can’t guarantee that they won’t for you. Check with your provider for the answer to this question.
4. How do I run videos smoothly on my phone?
New phones typically come with a lot of bloatware. In order to ensure that your phones continue to run the YooLotto app smoothly, we suggest cleaning all of this out. In fact, the only app you really need is YooLotto. You can also lower your screen brightness to preserve your phone life.
5. Why should I do this when I have to pay for electricity that the phones use?
Running a phone for 24 hours 365 days a year costs about $5. This means that running 10 phones will cost you around $50 per year, much less than the amount you’ll earn using YooLotto.
Passive income apps are a great way to earn some extra income. Even though little work is required, it’s important to check on your phones every once in a while. Sometimes a simple restart is enough to get them working again.
If you have any experience with YooLotto or any tips on how to maximize your earnings, we’d love to hear about them in the comments below. Thanks for reading and happy frugaling!
My name is Jason Wuerch and I'm currently located in Madrid, Spain running a personal finance blog called Frugal For Less. My goal is to help everyone and anyone willing to make and save money through easy and simple ways that don't require much effort. Just because you're frugal doesn't mean you have to give up life's luxuries.