Lottoland launched the very first officially licensed Bitcoin Lotto jackpot in the world with the base massive jackpot amount of 1,000 BTC.
A leading online lotto provider that is based in Gibraltar, Lottoland offers lotteries, scratch cards, instant win games, as well as traditional casino games from leading software providers.
Nigel Birrel, CEO of Lottoland, said:
“We’re pleased to be able to announce the launch of this world exclusive Bitcoin jackpot. Today, 1,000 Bitcoins are worth over $20 million and might be worth even more by tomorrow. Bitcoin is a worldwide phenomenon, and Lottoland is giving our customers the opportunity to get involved.”
The exclusive Bitcoin Lotto is currently available for play on Lottoland’s website. This is the first time that anyone in the world can win a large amount of Bitcoin through an online lottery. Years back, however, other lottery sites began accepting Bitcoin as a payment method.
How Bitcoin Lotto Works
Bitcoin Lotto is in a 6/49 lotto format where players pick six out of 49 numbers per entry. One ticket entry is worth $4.13 or €3.50. Players can pay for this using a credit card, Paysafecard, Neteller, or Skrill.
Players simply highlight and choose six numbers from the boxed tickets. When they highlight a ticket, a Wand icon appears and allow for automatic selection of six random numbers on a ticket. There is also a Quick+1 button that will select six random numbers in one ticket. Players can click the Quick+1 button again to fill additional tickets with six numbers immediately.
Those who want to try their luck can also click the +Rest button to fill out all 12 tickets with six random numbers. Meanwhile, the Trash button at the top will remove the numbers from every ticket below.
Bitcoin Lotto is drawn six times a week from Monday to Saturday. Winning numbers are picked and announced every 8:30 p.m. GMT. Bitcoin Lotto is available in Canada, Ireland, and other markets around the globe.
More About Lottoland
Lottoland is a leading online lotto provider launched in 2013. It grew to become a popular and successful name in the industry and this is due to its innovative products that have provided value for its player’s money.
The website offers more than 30 jackpot lotto games that have different prize amount and odds of winning. This includes its popular EuroMillions lotto which offers one of the largest jackpots in Europe. The base prize amount is €17 million. The highest prize that the lotto reached was €190 million. The lotto has a 5/50 format where players select five numbers out of 50 as well as two extra numbers from 1 – 12.
Bitcoin lottery remains to be an untapped sector in the cryptocurrency gambling market, but players can check out the different reviews of Bitcoin casinos that offer lotteries and lotto-inspired games.
| Read More: Choose the Best Bitcoin Casino Using Quality Reviews