With both Powerball’s and Mega Millions’ jackpots sitting at more than $300 million, the rival lotteries could be in for a historic holiday weekend. But another kind of sweepstakes has been sweeping the nation (and the globe) in recent months — Bitcoin has gone on a tear, with its valuation climbing from $800 to $16,000 in 2017 alone. But a new Bitcoin lottery with even better odds than Powerball and Mega Millions could help increase the Bitcoin price further.
Boasting the “world’s first regulated Bitcoin jackpot,” Irish online gambling website Lottoland is advertising a 1,000 Bitcoin jackpot, currently worth just over $14 million. The “pick-6” game consists of numbers one to 49, and offers a 1-in-7 chance of winning a prize. In plain old odds, players have a 1 in 13,983,816 chance at scoring the Bitcoin Lotto jackpot, which winners can take either in traditional or cryptocurrency denominations. (It’s worth noting that the game is officially closed to players from the U.S.)