Those who are not pushing themselves for buying bitcoin sooner has a novel way to compensate. Ireland is known to be one of the best lottery operators offers a bitcoin bounty worth millions of dollars. Entrant, those who are not limited to the Republic of Ireland, in exchange for picking six number, will be moving into a draw whose present jackpot stands at 1,035 BTC.

Play with fiat, win with Bitcoin

2013 is the year when Lottoland, one of Ireland’s best-known lottery operators was established. But they fall in the controversial situation when it was revealed that they are allowing punters to bet on lotteries held in other jurisdictions like America’s Powerball and Europe’s Mega Millions. However, the company has earned a sizeable market share in the Emerald Isle which was helped by its witty marketing strategies.

Lottoland on its launch of its own bitcoin lottery is taking money advantage on cryptocurrencies that are sweeping the world, with bitcoin at the head of the charge. From Monday to Saturday at 8:30 pm GMT, there comes a daily draw which has 1,000+ BTC jackpot to grasp. You have to match all the six numbers of the card to scoop the USD $18 million bonanzas, though smaller payouts can also win. One out of seven bets will achieve a prize of the same kind.

Nocoiner no more

Players those who are fortunate in wining will have to face some difficulties: either accept your prize in fiat currency or your bitcoin wallet would directly get the sum as a cryptocurrency. Lottoland has been enjoying great success of around $355m with more than 300 employees and around 6 million customers and many stays outside Ireland.

“Bitcoin is a worldwide phenomenon and lottoland is giving our customers the opportunity to get involved in the big league”, said company’s Irish country manager Graham Ross.

Bitcoin and betting are connected closely for a long time and Satoshidice hi/lo gambling site is one of the first applications for spending the cryptocurrency. Bitcoin is the digital wallet that has attained traction at a number of ‘provably fair’ cryptocurrency casinos, many sportsbooks and online casinos have added BTC as a deposit and withdrawal option. Whether any of the winners, suddenly have to face a million dollar downfall, will be courageous enough to take it all in bitcoin remains to be seen. For many of the investors today, along with the price of one bitcoin lottoland’s offer is sure to attract interest. The odds might be marginal, but the possibility of going from nocoiner to bitcoin thousandaire is certainly alluring.

 

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