Most of the money received from the raffle is paid out to prize winners. Then we have small expenses such as merchant fees, publicity, accounting, etc., to maintain the website and service. We end up with a profit, we pay income taxes and a portion of all the money supports crypto related sciences, specifically organizations that are developing improvements to the way the whole crypto ecosystem works. This will include government lobbying and advocacy which is important if we want to achieve worldwide adoption without interference or hindrance.
We are just getting started so we have no financial records to show, however as time goes on we will make available income and expenses on this page to keep things as transparent as possible. If you have suggestions please let us know.
We started Bitcoin Jackpot in January 2018 as a fun way to spend some of your Bitcoins and Altcoins while funding important work. Our team members vary in age and skill, we’ve known each other for years and have worked on other projects together. We have a goal to one day become the best Bitcoin / Altcoin raffle with the biggest and best prizes while helping to foster worldwide adoption of crypto-related technology.
We guarantee your winning will be paid out using any major crypto coin you prefer and in some instances even bank wire. Winners can remain completely anonymous or submit a photo and first name to appear on our website, it’s up to you.
Anyone can participate, worldwide.