Skip to main content
Press Releases

Record £10.8m Lottery Jackpot Paid Out Through Lottoland Insurance Linked Securities (ILS)

By 04.03.2016July 4th, 2017No Comments

An extensive lottery product range offering outstanding margins is now available for your business thanks to Lottoland Solutions.

Gibraltar – 4th March 2016

 

Online lottery betting site Lottoland are delighted to announce they have had a record £10.8m winner.

The winner, Michael, from Dresden, Germany, hit the top prize after betting on the outcome of the popular 6aus49 draw. A selection of photos from Michael’s winning photoshoot are attached.

Michael joins a growing number of Lottoland millionaires. On January 13th a Lottoland player won $2m USD after hitting the second prize tier on America’s world record-breaking PowerBall. Just a month prior to that another Lottoland player won £2.8m after betting on Spain’s annual Christmas El Gordo draw.

Lottoland have paid out £62m to date thanks to their Insurance Linked Securities (ILS) model.

This unique, low risk, high-reward model, which is further backed by some of the biggest global brokers is fully collaterised, ensures all payouts are protected, and is now available for other gaming operators thanks to Lottoland Solutions.

 

Revolutionising the industry

Consumers are waking up to the fact that they can play for the biggest jackpots the world has to offer. In a world of endless customer choice, lottery players want to be able to play for new multimillion jackpots every day.

Lottoland Solutions are able to offer 28 unique lottery markets, including EuroMillions and America’s massive PowerBall and MegaMillions. There’s also the world’s biggest lottery ‘El Gordo’, all five Australian draws, and a host of other attractive draws from across Europe, including Irish Lotto and EuroJackpot.

By capitalising on Lottoland Solutions unique offering this is exactly what you will be able to offer your customers, safe in the knowledge that all potential jackpot payouts are fully protected.

 

Capitalise on our success

In just over two years Lottoland’s B2C operation has grown to become the world’s largest and most dynamic online lottery betting offering, with more than 3 million registered customers and 9-digit revenues in 2015.

Lottoland is growing at an unprecedented rate, with January’s world-record PowerBall jackpot attracting a staggering 450, 000 new customers in 48 hours alone.

In the past year Lottoland has undergone successful launches in the UK, Sweden and Australia. These new territories are in addition to those in Germany, Austria and Eastern Europe.

Lottoland’s UK launch has been hugely successful, with famed millionaire maker Chris Tarrant fronting a full scale campaign across Sky TV, the Trinity Mirror Group, The Sun, Capital Radio and many more leading channels.

Meanwhile, in Australia, Lottoland attracted a remarkable 250, 000 new players in their first week alone.

 

Get on board

Lottoland Solutions offers margins unheard of in the gambling industry, with 20%, 30% and even over 50% achievable.

Those figures have created an outstanding market response, with Lottoland Solutions VP, Glenn Bullen revealing that conversations are already taking place with a number of tier one operators.

Glenn said, “We’re excited to confirm that we are already speaking with a number of tier one operators, who are keen to extend their product offering with our low risk, high reward solution.

“We look forward to making further announcements on such key partnerships in the near future.”

If you think Lottoland Solutions can benefit your business, then get in touch to find out more.