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Earn Money By Using AI to Generate Lottery Numbers

Earn Money By Using AI to Generate Lottery Numbers

Highly profitable side hustles and small businesses you can start today

SideNerds
October 11, 2023

GM, SideNerds! Welcome to our latest niche side hustle obsession.

Today's jackpot topic? Diving deep into the intriguing niche of lottery number generator sites 🎰

Hit It Big With An AI-Powered Lottery Number Generator And Feel Like You’re Winning the Lotto ERRYDAY

⚒️ Niche: AI Lottery Number Generators
🚀 Opportunity size: Hard to say … but this guy used ChatGPT to win the lotto
💵 Initial cost: < $2,000
🧩 Difficulty: Low
🏆 Competition: Low

Last month I became totally OBSESSED with the lottery niche after finding an AI lottery number generator up for sale on Side Projectors.

The site wasn't pretty — it looked like it had been coded in the dark, but hey, it did its job!

The dilemma hit hard: Should I buy this thing or just build it myself?

Did a little math on the dev costs to build, and compared against the $1,800 price tag the site was listed for which seemed like a sweet deal, I decided to buy it.

In the end, the sellers upped the sell price.

So, I walked away from the deal.

But man, that generator idea still haunts me. Maybe one of you can pick up the ball and run with it 🏃.

Do You Like to Play The Lottery?

Explain this niche like I’m five 🤓

The site I scoped out had a tool embedded. The tool used a learned language model powered by OpenAI.

The model used the last 100 past winning Powerball and Mega Millions numbers to generate new “winning” numbers.

Earnings Breakdown: it only costs less than $0.0025 to generate 1 set of numbers. Hence, it would cost less than $0.125 to generate 50 different lottery numbers. With those tiny costs, if I charged only $5 for the app, that's some serious earning potential 💸 🤑

So, Why Is this Niche Still Keeping Me Up At Night 😳

The search volume for keywords like “Mega Millions Number Generator” and “Powerball Number Generator” are high, with keyword difficulty sitting super low — meaning huge opportunity to rank for these keywords quickly 🏎️

According to website valuation sites like Worth of Web a niche site for generating lottery numbers could be worth $8K from the traffic alone, not including ads and affiliates. Neat little side hustle if you ask me.

The niche site Lotterynumbergenerator.net has over 9.6K monthly visitors. And guess what? They seem content just promoting their app – which, by the way, boasts 100K downloads! Assuming you kept your niche online and grew it through SEO, you stand to steal a fair bit of that traffic that you can convert as paying customers to fund your side hustle dreams.

🚨 Side Hustle Alert 🚨

Would you refer SideNerds to friends if you could earn anywhere from $.50 to $1 per referral?

🔧 To Build or To Buy: The Ultimate SideNerd Dilemma 🔧

Let’s say you do decide to pick this ball up and run with it.

Buy? Or Build? 🤔

Let's break this down.

🛠️ Team “Build”:

Backend Basics: Simplifying it, the prompt engineering is pretty straight forward. Fine-tuning the GPT-3.5 Turbo model, you can craft lottery numbers based on Mega Millions or Powerball specifically.

AI's Secret Sauce: Push the envelope! Allow the AI to not just pick numbers but also offer "reasons" for its choices. The golden nugget? This could amp up trust levels with users. A word of caution, though: waving a guaranteed win flag? That's a no-go territory and might be grounds for a lawsuit (or 10).

The Added Edge: Dishing out reasons for number choices isn't just a shiny feature – it's your marketing muscle. It's where you could outshine platforms like Lotterynumbergenerator.net. The next mission? Crafting an API to seamlessly translate AI's reasoning for the front end users.

Frontend Fundamentals: Here, your focus is clear: design a few crisp pages via a website builder. And if dollar signs are in your plan (and they should be), integrate login, authentication, and payment processes right away to make this niche instantly revenue generating.

💰 Team “Buy”:

Scour & Score: Dive deep into online marketplaces or keep an eye on platforms like Product Hunt for ready-made lottery number generators.

Make Your Move: Spot a potential gem? Reach out to its creator with an offer

Smart Spending: Prioritize profits. Keeping costs in check ensures your margins remain appealing.

Red Alert: Staying in financial doldrums too long can spell doom for your venture. Remember: overpaying for an overhyped product could turn your side hustle dream into a financial nightmare.

In the end, it's your game.

Play smart, and may your side hustle be the ace up your sleeve!