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Lottery Winner Invested Half in Bitcoin

By November 11, 2019 No Comments

The news of an American lottery winner who put half of his winnings into Bitcoin has spread through the crypto world. First, some people believed that it is fake news. He posted a picture of the winning ticket on Reddit and no one doubts anymore.

One man from Illinois recently won half a million dollars on a scratch card. To remind you, this type of game you can play online and we at Casino Brango have an awesome offer of them. More about it you can find in the post “The Pleasure of Playing Scratch Cards Online”.

How Lottery Winner Invested in Bitcoin

Now, let’s go back to this lottery winner. The Reddit user “Joxnlol” posted an image of himself holding a certificate from the Illinois Lottery, stating that he has won $500.000 in April this year. He explained that he first had to fork over $143.000 in taxes to the state. Half of the remaining $357.000 in net winnings he went into a year-long Bitcoin investment. He also challenged readers to remind him in eight months if the investment was a good one.

Other Reddit users have different comments on his post. One of them wrote that he did the smartest thing when he put half of his winnings in Bitcoin. He added that if he could wait 3-5 years it will be much more than his win.

That’s the plan, I don’t intend to touch any of it for at least another year. I set aside money for emergencies, I set aside money for myself, and I set aside money for tattoos. The only major purchases I’ve done is I paid off my old car, set up an agreement to sell it to my friend. Bought a new car for myself and put a down payment on a house“, explained this lottery winner.

Bitcoin is the highly recommended payment method at online casinos and we already wrote you why Bitcoin so attractive. If you didn’t yet use this crypto for playing games, read our blog post on how to make your first Bitcoin deposit. Then, you just chose a game, play and win!



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