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1000 BTC bounty by world’s first Bitcoin lottery

Lottoland, one of the Ireland’s best-known lottery operators which has been allowing punters to bet in lotteries in America’s Powerball and Europe’s Mega Millions, is launching own Bitcoin lottery.

The daily draw is held Monday to Sunday at 8.30 p.m. It attracts more than 1,000 BTC jackpot. To win the $18 million bonanza, players have to match all size numbers on their card. There are also smaller payouts available for winning. Also, one in seven bets will win a prize of some kind.

Also Read: Ivy platform to bring smart contracts to Bitcoin

The company’s Irish country manager Graham Ross said,

“Bitcoin is a worldwide phenomenon, and Lottoland is giving our customers the opportunity to involve in the big league”.

Many of the players are from Ireland.

Players can play with fiat but winners have to accept the won amount in fiat or Bitcoins sent to a Bitcoin wallet.

Many online casinos have already added BTC as a deposit and withdrawal option. Besides, gambling at Satoshidice is one of the main ways of spending cryptocurrencies.

Read Next: Four cryptocurrencies to trade on Euro Bank Swissquote

 

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Sara Noah

Sara Noah is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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