Cut up The Winnings fails to supply possession or govt info on its web site.
Cut up The Winnings’ web site area (“splitthewinnings.com”), was privately registered on December 4th, 2024.
Cut up The Winnings’ web site source-code references “Share The Winnings LLC and an deal with in Indiana:
Share The Winnings was an MLM pyramid scheme run by serial pyramid scheme launcher Jeremy Duncan (proper).
Share The Winnings emerged in late 2023. Share The Winnings’ web site continues to be up right this moment however, as of February 2024, SimilarWeb was monitoring simply ~4200 month-to-month web site visits.
This isn’t nothing nevertheless it’s indicative of a pyramid scheme collapsing.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Cut up The Winnings’ Merchandise
Cut up The Winnings has no retailable services or products.
Associates are solely capable of market Cut up The Winnings affiliate membership itself.
Cut up The Winnings’ Compensation Plan
Cut up The Winnings associates buy $29.99 a month matrix positions. Commissions are paid when others are recruited who do the identical.
Cut up The Winnings tracks recruitment by means of a 3×3 matrix.
A 3×3 matrix locations a Cut up The Winnings affiliate on the prime of a matrix, with three positions straight beneath them:
These three positions kind the primary stage of the matrix. The second stage of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
Degree three of the matrix is generated in the identical method and homes twenty-seven positions.
Positions within the matrix are crammed through direct and oblique recruitment of associates who additionally buy $29.99 positions.
Commissions are paid as positions in a matrix are crammed as follows:
- stage 1 (3 positions to fill) – $2 per place crammed
- stage 2 (9 positions to fill) – $3 per place crammed
- stage 3 (27 positions to fill) – $4 per place crammed
It’s unclear what occurs when a matrix is totally crammed. Presumably associates should buy one other $29.99 place.
Word that commissions are tied to continuous cost of $29.99 a month.
Matching Bonus
Cut up the Winnings pays a 100% Matching Bonus on commissions earned by personally recruited associates.
Becoming a member of Cut up The Winnings
Cut up The Winnings affiliate membership is $39.99 after which $29.99 a month.
Cut up The Winnings Conclusion
Cut up The Winnings is one other recycled Computerized Internet Software program (dba Direct Gross sales MLM Software program) rip-off script from Jeremy Duncan.
And it’s a very lazy recycle, given Cut up The Winnings is simply Share The Winnings with a unique identify.
After you’ve got paid, the members dashboard will robotically redirect you to a web page to choose your Powerball numbers (on each login, till you choose your numbers).
Cut up The Winnings Powerball draw takes place each Wednesday night North American time … Your month-to-month subscription covers 4 Wednesday night time attracts so long as you’ve got chosen and locked in your numbers!
Any successful payouts are paid out to the individual that received and three ranges up from that individual leading to a 20% payout for 4 individuals complete.
This doesn’t legitimize the MLM aspect of Cut up The Winnings, which is a straight-forward MLM pyramid scheme.
With nothing marketed and/or bought to retail clients, each Share The Winnings and Cut up The Winnings violate the FTC Act.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will commissions.
Associates who buy an annual subscription are locked in, however month-to-month subscriptions will cease getting paid as commissions stall.
As soon as sufficient month-to-month subscriptions cease, Cut up The Winnings will collapse.
From Cut up The Winnings’ web site FAQ;
Can I get a refund?
Your membership is non-refundable. All gross sales are last.
Taking a look at Duncan’s earlier pyramid schemes, they appear to final barely just a few months earlier than collapsing.
Math ensures that when a pyramid scheme inevitably collapses, the vast majority of individuals lose cash.