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Pay for your Powerball Lottery ticket using Bitcoin

Last year the US Powerball lottery hit a historical high of $1.5 billion. Wow, you can’t even imagine this number and what it means to win it. Everybody was buying tickets as crazy wishing to become rich as hell. But, did you know that it is possible to buy a Powerball ticket using bitcoin?
Those of you that had spare bitcoin lying in your bitcoin wallets must be biting your lips know. But, don’t just sit around grieving, because you can put your bitcoin to use. Learn more about Bitcoin gambling and bitcoin lotteries and open an entire new world.

Where to Purchase Powerball Lottery Tickets with bitcoin

Naturally, you can’t purchase a Powerball ticket using bitcoin in your local convenience store. It’s not how bitcoin works. All you have to do is find an official online reseller of Powerball lottery tickets, a legitimate one.
It’s not hard to find them, because almost every online vendor is slowly exploring the benefits of this cryptocurrency. Even the biggest brands are getting into it. Most of those resellers accept dollars as well, but the important thing here is that they will let you buy tickets in bitcoin.
Some of them will even sell you lottery tickets for international lottery games like the EuroMillions in Europe, the biggest lottery there. When you have bought Powerball ticket(s), the reseller will send you a confirmation email. 

How to Get a Payout

bitcoin win powerballThis is the part that is most important, getting your winnings. There are several options. If you hit a smaller win, you can get the entire amount at once. If you hit a bigger win, the reseller may have a policy of paying you out in multiple installments directly in your bitcoin wallet. If you hit the jackpot, which is usually awfully big, you can choose to pick up your winnings in person.
But, here is the best part. You don’t have to go and take your winnings in person. This option is usually best if you want to be paid in regular currency. But if you want your winnings in bitcoin, just take the entire amount (if possible).
Bitcoin are not taxed, and they are not subjected to processing fees. Most important, you can get your winnings within minutes from requesting a payout, which is not possible with any other payment method.

The Advantage

There is one big advantage in playing any lottery with bitcoin: staying anonymous. While regular currency deposits require different kinds of identification and proof of identity, bitcoin don’t. Even the account opening part at an online reseller is minimal. You just have to enter your email, and your bitcoin wallet address where your bitcoin will arrive or from which bitcoin are deposited. No name, no surname, no credit cards, no street address no nothing in terms of sensitive data that may be used to hurt you.