Bitcoin Lottery Guide

When Bitcoin graced us with its presence, nobody imagined what a massive impact it would have on the gaming world. It has gone from strength to strength ever since Bitcasino was the first casino to accept Bitcoin as a payment method, with many other casinos short on its heels.

Suddenly, the crypto gaming industry grew at the speed of light, leading to the rise of crypto-dedicated lotteries. And, it’s rather exciting because it gives you a chance to win big, in a fully transparent manner.

In this guide, I’ll cover everything you need to know about Crypto Lotteries including game diversity, fairness, bonuses, accepted crypto payment options, and deposit and withdrawal limits.

Best Bitcoin Lottery Sites March 2024
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How We Rank and Review Bitcoin Lotteries

There are a number of things we consider when reviewing Bitcoin Lotteries. Besides the prize pool, which is generally the biggest drawing point, we also look at the casino’s user-friendliness, bonuses and promotions, banking options, customer support, deposit and withdrawal limits, and overall reputation. 

Because there is no point in investing in a lottery with a massive prize pool if the casino is not worth your while. And, we don’t beat around the bush – if we like what we see, we’ll tell you, and if we think it’s a weak lottery, we’ll tell you too. 

Types of Crypto Lotteries

BTC or crypto lotteries work pretty much the same as traditional lotteries and give you the opportunity to buy tickets by making a deposit, using your com points, or simply buying them by paying cash. 

There is usually a prize pool with a set amount of Free Spins and the winning numbers are drawn randomly. What makes crypto lotteries advantageous is that it doesn’t have any geo-restrictions, which means that, unless you live in a restricted country, players from anywhere in the world can take part. 

Raffle Lotteries

Unlike traditional lotteries, the prize pool of Crypto Lotteries generally remains the same. 

If the prize pool of a Lottery is $500 + 500 Free Spins, for example, the prize is shared between a stated number of winners. 

So, the first drawn ticket will get the highest prize and the 20th drawn ticket will get the lowest prize.

Think of it more as a raffle draw, rather than a lottery. Only the sold tickets go into the draw so the prize is always shared among the players. This means that, unlike traditional lotteries, the prize money does not carry over to the next draw, because it is always won. 

Traditional Crypto Lotteries

BC.GAME for example has got a proper old-school lottery where you get to buy lottery tickets with 6 numbers. The numbers are then drawn, and if you have 6 numbers correct, you win the ultimate Jackpot Prize of $100,000. 

Like the other lotteries, the prize pool doesn’t increase or decrease but they also hand out lucrative prizes for getting 5, 4, or 3 numbers. 

If you don’t get any numbers, your lottery ticket is reserved for the following day’s draw, which automatically gives you another chance to win. 

Prize Pool Lotteries

A perfect example of a Prize Pool Lottery is Crypto.Games. You can buy Lottery tickets that contribute to the prize pool. So, the more tickets they sell, the higher the prize money. 

The draw is also much like a raffle draw and takes place every Wednesday and Saturday after which the prize pool is reset to zero. 

Here they draw 3 tickets and prize money is set out as follows: 

  • 1st place: 80% of the prize pool
  • 2nd place: 15% of the prize pool
  • 3rd place: 5% of the prize pool 

The Biggest Crypto Prize Pools

CasinoPrize PoolFrequencyLottery Type
BC.Game$100,000Daily DrawTraditional Lottery
Stake.com$50,000Weekly DrawRaffle Lottery
Winz Casino$1,500 Weekly DrawRaffle Lottery
Oshi Casino $900 + 900 FSMonthly DrawRaffle Lottery
Arlekin Casino$500 + 500 FSWeekly DrawRaffle Lottery
Crypto.GamesUp to 2.5 BTCTwice WeeklyPrize Pool Lottery

How to get Crypto Lottery Tickets

Crypto Casinos are innovative and are always introducing new and exciting features, which means that there are many ways to get Crypto Lottery Tickets. 

Buy Lottery Tickets – Some Crypto Casinos have a set price for Lottery tickets, like $0.10 for example, but the more tickets you buy, the lower the price of the tickets. 

Make a Deposit – You can also get Lottery tickets by making a deposit, and again, the higher your deposit, the more tickets you get. 

Play Casino Games – Sometimes you’ll get a Lottery ticket when you have wagered a specified amount. 

Bonus Lottery Tickets – Some Casinos might give you Lottery tickets as part of a Bonus Offer.

Most Common Crypto Lotteries Ts & Cs

Strangely enough, Lotteries have far fewer Ts and Cs than other casino games, but there are a few things you can look out for that might play a big role when cashout time arrives:

Wagering Requirements – Some Lotteries have wagering requirements on Cash Prizes as well as Free Spins. This means you’ll need to play through your winnings a specified number of times before you’ll be able to withdraw your prize money.

Withdrawal Limits – Casinos often have withdrawal limits in place which means that you’ll only be able to withdraw a specified amount per day, week, or month. 

Transaction Fees – This is not generally an issue, but there are Casinos that will charge you transaction fees when you withdraw your winnings. 

Limited Currencies – Often a Casino will pay out winnings in a specified currency, whether it is a cryptocurrency like USDT, for example, or even a FIAT currency like USD. So, you won’t always be able to withdraw the prize money in the currency of your choice. 

Benefits of Playing Bitcoin Lotteries

  • Lower transaction fees
  • Provably fair lotteries let you check the fairness of the lottery yourself
  • Instant payouts
  • No geographical restrictions 

Top 5 Bitcoin Lottery Sites

BC.GAME

BC.GAME has a propper old-school daily lottery with a prize pool of a whopping $100k. Tickets are only $0.10, and the best part is that your lottery ticket will be reserved for the following day’s draw if you lose. 

Winning Prize Details:

  • 6 numbers – $100,00 (If there is more than one winner, the prize will be shared)
  • 5 numbers – $3,000
  • 4 numbers – $20
  • 3 numbers – $1
  • 0 numbers – the lottery ticket will be reserved for free, and you will continue participating in the next day’s draw.
BC.GAME’s $100,000 Daily Lottery

BC.GAME Pros and Cons:

✅ Own coin

✅ 25 In-house games

✅ Accepts 80+ cryptocurrencies

✅ Instant deposits and withdrawals

✅ Fantastic game selection

✅ Lucrative VIP program

✅ Great customer support

❌ Some promotions are available only after you’ve unlocked VIP level 14 

❌ Bonus information is hard to find

Winz.io

Winz.io has a lottery that changes regularly. But you can expect to see more or less a $1,500 prize pool weekly. The tickets can be bought with 50 comp points (1 comp point equals $1), and the prize pool consists of 40 prizes. 

Although you can buy unlimited tickets, players can only win one prize BUT a massive perk of the Winz.io Lottery is that it has zero wagering requirements. 

The prize pool is shared as follows:

PrizeNumber of Winning Tickets
$150.001 Ticket
$125.001 Ticket
$110.001 Ticket
$100.001 Ticket
$90.001 Ticket
$80.001 Ticket
$70.001 Ticket
$60.001 Ticket
$50.001 Ticket
$40.001 Ticket
$30.0010 Ticket
$20.0010 Ticket
$15.005 Tickets
$10.005 Tickets
The Winz.io Lottery

Winz.io Pros and Cons:

✅ 5000+ games

✅ Accepts crypto and FIAT

✅ Loads of races, tournaments, and quests

✅ 24/7 customer support

✅ Instant deposits and withdrawals

✅ Easy and Anonymous registration

❌ Restricted in some major countries

❌ Withdrawal limits are harsh

Stake.com

Stake has a Weekly Giveaway that works exactly like a lottery and with a weekly prize pool of $50,000, it deserves a spot on this list. 

You earn one ticket for every $1,000 wagered (yes, it’s a high-roller casino), to stand a chance to win a share of the prize pool. 

And, you can collect as many tickets as you want. 

The prize pool is split between only 10 winners, giving players a decent cut

Stake.com Pros and Cons:

✅ Casino, Live Casino, and Sportsbook

✅ Accepts a wide range of cryptocurrencies

✅ Unique tournaments and promotions

✅ Great user interface

✅ Fast and anonymous registration

✅ No deposit or withdrawal limits

❌ No deposit bonuses

Arlekin Casino

Arlekin Casino has an Insane Weekly Lottery with a $500  + 500 Free Spins prize pool that is shared between the top 20 players. You simply need to make a deposit, and the tickets will be added to your profile automatically. The more you deposit, the less the price of the tickets.

  • 25 EUR deposit = 5 tickets (at 5 EUR each)
  • 50 EUR deposit = 20 tickets (at 2.5 EUR each)
  • 100 EUR deposit = 50 tickets (at 2 EUR each)
  • 200 EUR deposit = 110 tickets (at 1.8 EUR each)
  • 500 EUR deposit = 350 tickets (at 1.4 EUR each)

Every lottery runs from Wednesday 00:00 UTC to Tuesday 23:59 UTC and one player can win multiple tickets. Free Spins prizes are subject to an X10 wager and Cash Prizes are subject to an X5 wager.

The prize pool is shared as follows: 

PlacePrize
1st place120 EUR
2nd place10 EUR
3rd place70 EUR
4th place60 EUR
5th place50 EUR
6th place20 EUR
7th place20 EUR
8th place20 EUR
9th place20 EUR
10th place20 EUR
11th place120 Free Spins
12th place100 Free Spins
13th place70 Free Spins
14th place60 Free Spins
15th place50 Free Spins
16th place20 Free Spins
17th place20 Free Spins
18th place20 Free Spins
19th place20 Free Spins
20th place20 Free Spins
Arlekin Casino’s Lottery

Arlekin Casino Pros and Cons:

✅ 6000+ games

✅ Instant deposits and withdrawals

✅ Fantastic Welcome Offer

✅ Great design and theme

✅ Fast registration

✅ Easy and Anonymous registration

❌ Customer support can be slow

❌ Difficult to determine which games accept crypto

Oshi Casino

Oshi Casino has a monthly lottery with a prize pool of $900 + 900 Free Spins. It works pretty much the same as the other crypto casino lotteries and gives you tickets when you make a deposit. Again, the higher your deposit, the more tickets you get. 

  • 35 €/$ deposit = 1 lottery ticket
  • 60 €/$ deposit = 2 lottery tickets
  • 80 €/$ deposit = 4 lottery tickets
  • 100 €/$ deposit = 8 lottery tickets
  • 100+ €/$, deposit, each ticket will cost you 10 €/$

The prize pool consists of 25 tickets ranging from 50 Free Spins to 2,000 EUR but the wagering requirements on these prizes are really high at x45. 

Oshi Casino’s Monthly Lottery

Oshi Casino Pros and Cons:

✅ Great selection of games

✅ Instant deposits and withdrawals

✅ Fantastic bonuses and daily reload bonuses

✅ Lootboxes

✅ Bonuses can be canceled at any time if you don’t want to wager them

❌ Bonuses are valid for only 7 days

❌ No presence on cryptocurrency forums

Crypto.Games

Crypto.Games also have a Crypto Lottery that works in the traditional way. You can buy a ticket for 0.00005 BTC which contributes to the prize pool. So, the more tickets sold, the higher the prize pool. 

The draw takes place every Wednesday and Saturday using RandomPicker (a number-generating tool) and the prize pool is reset to zero after every draw. 

Crypto.Game’s Lottery

There are three prizes up for grabs:

  • 1st place: 80% of the prize pool
  • 2nd place: 15% of the prize pool
  • 3rd place: 5% of the prize pool 

100% of the money raised with ticket sales will be paid out to the three winners and every player is allowed to buy a maximum of 10000 lottery tickets per lotto round, and every lottery round is limited to 50000 lottery tickets (max prize pool of 2.5 BTC). 

Crypto.Games Pros and Cons:

✅ Licensed Crypto Casino

✅ Games have very low house edge values

✅Great VIP Program

✅ Instant deposits and withdrawals

✅ Crypto Faucet that allows you to claim free crypto

❌ Limited selection of games

❌ No bonuses

Most Popular Coins accepted by Crypto Lottery Sites

Crypto casinos are now accepting a wide range of cryptocurrencies which means that players can play the lottery in their preferred coin. But, as always it is important to read the rules before you play because some casinos will pay out the cash prizes in FIAT, while others might pay out in the casino’s preferred cryptocurrency.

✅ Bitcoin

✅ Ethereum

✅ Ripple

✅ Litecoin

✅ Bitcoin Cash

✅ Tether

✅ Dogecoin

✅ Cardano

✅ USD Coin

✅ BNB

✅ XRP

Pros and Cons of Crypto Lotteries

Advantages

  1. Global Access – Users from across the globe can take part in lotteries at online casinos
  2. Fast Withdrawals – Most crypto casinos have instant deposits and withdrawals
  3. Full Transparency – Crypto lotteries are provably fair which means that you are able to verify the fairness of the lottery yourself
  4. Low/zero banking fees – Transactions are generally extremely low compared to FIAT transactions
  5. Safe and anonymous – players are able to do transactions without revealing their true identity

Disadvantages

  1. Prize pools are smaller – The prize pools are not as big as traditional lotteries
  2. Wagering requirements – Some of the cash prizes of crypto lotteries have wagering requirements
  3. High Volatility – Cryptocurrencies are volatile, meaning that they can fluctuate based on the financial market

FAQ

Are Crypto Lotteries Legal?

If the lottery is legal in the country you reside in and your country is not on the casino’s list of restricted countries, Crypto Lotteries are 100% safe and legal.


Do I need to Pay Taxes on Crypto Lottery Winnings?

It depends on the laws of the country you reside in as it is the player’s responsibility to pay taxes if needed.


Are Crypto Lotteries Fair?

Yes, Crypto Lotteries are provably fair which means you can check the results of the draw yourself.


How can I play a Bitcoin Lottery if I don’t have Crypto?

Most online casinos give you the option to buy crypto with your credit card on the casino’s site, which makes it very convenient.

Up to 840% on the first four deposits