If you’ve ever thought about trying an online lottery, you’re not alone. More than a dozen US states have legalized online lotteries, and for a relatively small monetary investment, you can play on your smartphone or tablet. Even better, many online lotteries now accept Bitcoin transactions, so you can play on the go. If you’ve ever wished you could win millions of dollars in the lottery, now is your chance.
Online lotteries are legal in more than a dozen US states
Although most US states do not have online lotteries, there are a few that do. For example, the Pennsylvania Lottery is legal for players to play online lotto games through its PA iLottery platform. Similarly, Illinois and New Hampshire are also legal for players to play online lotteries. Moreover, North Carolina and Georgia are two more US states that allow online lottery transactions.
They offer a chance to win a large jackpot in return for a small monetary investment
A recent study in Florida found that the likelihood of filing for bankruptcy after winning a lottery prize was about the same for big and small prize winners. According to the National Endowment for Financial Education, as many as 70 percent of lottery winners file for bankruptcy within a few years of winning. In order to ensure the long-term financial security of lottery winners, lottery players should learn more about the financial implications of participating in these lotteries.
They can be played on mobile devices
You can play your favourite online lotto games on your mobile device without any hassle. Most lottery companies send you notifications for every lottery bet you make. This way, you can withdraw your winnings and continue playing other games. Most online casinos also offer mobile dashboards. You can also choose which systems you want to play. Playing online lottery games on your mobile device means that you can play anywhere, anytime. It’s as easy as picking up your phone and going to an internet cafe!
They accept Bitcoin transactions
There are many benefits to using Bitcoin when purchasing a lottery ticket. As a decentralized digital currency, Bitcoin transactions are safe and secure. A bitcoin wallet site is a convenient way to top up your account and withdraw funds in different currencies, including Bitcoins. Bitcoin wallet sites also accept credit cards and debit cards. Bitcoin is an inexpensive, safe, and simple payment option. Most online lottery websites accept Bitcoin transactions as a form of payment.
They don’t offer daily fantasy or online sports betting
While some state legislatures are looking into allowing online daily fantasy sports betting, the Massachusetts lottery is not one of those states. Currently, a bill is being considered in the state legislature to allow daily fantasy sports. It’s introduced by State Sen. Michael Rush, and is currently in the Joint Committee on Consumer Protection and Professional Licensure. To read the bill, click here. However, it should be noted that while the lottery is not a gambling company, it does offer daily fantasy sports contests for free.