World’s First Bitcoin Lottery Boasts 1,025 Bitcoins in Winnings

admin
By admin December 21, 2017 18:18

World’s First Bitcoin Lottery Boasts 1,025 Bitcoins in Winnings

If you find investing in Bitcoin risky, here’s a novel way to help you. Ireland’s best-known lottery operator, Lottoland, has recently introduced a Bitcoin lottery which follows the format followed by the Spanish national lottery. Held on Monday (Dec. 18, 2017), its first draw which was offering 1,000 Bitcoins, had no-winner draw. The jackpot has increased to 1,025 Bitcoins which is equivalent to USD 18 million.

Established in 2013, Lottoland has attained a strong foothold in the gambling industry, boosted by savvy marketing tactics. The newly introduced lottery helps enthusiasts win Bitcoin currency. The drawings are held at 8:30 pm GMT on Monday, Tuesday, Wednesday, Thursday, Friday, and Saturday. The world’s first Bitcoin lottery jackpot will start at €14.2 million or 1,000 bitcoins. To scoop the top prize, one must match all six numbers printed on his/her ticket.

Lottoland’s Irish country manager Graham Ross said, “Bitcoin is a worldwide phenomenon, and Lottoland is giving our customers the opportunity to get involved in the big league.’’ He expects the annual revenue of around $355 million, more than 300 jobs, and around six million new customers through the newly introduced lottery. The tickets can be availed at €3.50. Introduced in 2008, Bitcoin has become world’s most popular digital currency.

admin
By admin December 21, 2017 18:18
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment
View comments

Write a comment

Your e-mail address will not be published.
Required fields are marked*