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Let’s be real, most lotteries are a tax on people who are bad at math. Sure you could be the person who wins big, but you’re more likely to die in a car crash on your way to buy a ticket than you are to hit the jackpot.

Lotteries are bad financial decisions. 

But the chance of winning is just so much fun! 

Even if you don’t win, it’s exciting to know there’s a chance you could completely change your life for the better. You could become a millionaire overnight. 

What if you could play the lottery without spending a fortune? What if playing the lottery actually made you richer? 

Turns out, the right lotteries can be a great investment. And if you’re smart – you’ll play these lotteries instead.

Win up to $10 million by saving money in prize-linked savings accounts

Prize-linked savings accounts are how smart people play the lottery. 

How do they work? Certain banks will give you lottery tickets for holding money in their savings accounts. Just like you do with the Powerball, select your numbers and win prizes if you’ve chosen the winners!

The difference? You get to keep your money! Regardless of whether or not your tickets are winners, the money in the savings account is still your money. Use it to earn your next lottery ticket or withdraw it for your spending needs. 

Essentially, you’re using your rainy day fund for a chance to win big!

While prize-linked savings accounts are slowly growing in popularity, they can still be hard to come by. We’ll continue to add more to this article as we find them – but here’s our favorite so far.

Our favorite prize-linked savings account with a $10 million jackpot: MyConstant

Right now our favorite savings account lottery is MyConstant’s Lending Lottery. MyConstant is a company that makes it easy to earn interest on both US dollars and cryptocurrency – and you have the chance to win up to $10 million.

Here’s how the Lending Lottery works:

  1. Deposit: You deposit funds into your MyConstant balance.
  2. Invest: For every $100 you invest for 30 days, you receive 1 lottery ticket per week for 4 consecutive draws. Each week is another chance to win. Invest more, receive more tickets. Leave your money in for another month, and receive more tickets.
  3. Pick your numbers: Pick your winning numbers just like you would with the Powerball.
  4. Check your numbers: Check your numbers when the draw ends on Sunday and see if you’ve won!
  5. Enjoy your winnings: Prizes are paid instantly into your MyConstant account balance to be reinvested or withdrawn.

Are you ready to give it a try? Sign up for an account and start earning free lottery tickets here.

What are your odds of winning the MyConstant Lending Lottery jackpot?

As with all lotteries, the odds are pretty slim, but there are a variety of possible prizes. In fact, the odds of winning something are 4 in 1.

Per the MyConstant website as of 2/20/22:

Matching numbersPrizesOdds of winning
1 ConstantBall$0.251:26
1 + 1 ConstantBall$0.501:43
21 free ticket1:4
2 + 1 ConstantBall$11:825
3 + ConstantBall$51:2,360
4 + ConstantBall$5001:65,038
5$5,000 + standing desk (worth $499) (If more than one winning ticket – cash prize will be shared. Each winner will get a standing desk)1:86,809
5 + ConstantBall$50,000 + standing desk (worth $499) (If more than one winning ticket – cash prize will be shared. Each winner will get a standing desk)1:5,121,718
6$100,000 + standing desk (worth $499) (If more than one winning ticket – cash prize will be shared. Each winner will get a standing desk)1:33,334,572
6 + ConstantBall$10,000,000 (If more than one winning ticket – cash prize will be shared)1:1,966,739,775

Every $100 placed into the Lending Lottery account gives you 1 weekly ticket. Plus, unlike other lotteries, you get to keep your cash!

When the average American spends over $1,000 on regular lottery tickets per year, that American is $1,000 poorer. 

If you instead save that money in a MyConstant Lending Lottery account, you’ll still receive 10 chances to win $10 million every week plus you’ll have an extra $1,000 at the end of the year. 

Do this over 10 years and whether you win the jackpot or not, you’ll have a guaranteed $10,000 extra in the bank. 

So what are you waiting for?

Join other smart people and start “buying” your lottery tickets by saving money with MyConstant.

Other prize-linked savings accounts and alternative options

While MyConstant is a great option for earning entries into jackpots, other platforms continue to enter the market – and we’ll keep this running list to make it easy for you to find the latest and greatest!

  • Yotta: An FDIC insured bank that will give you a 0.20% APY on your savings and allow you to earn another lottery ticket for every $25 invested. Maximum jackpot of $10 million.
  • If you belong to certain credit unions, you may qualify for the Save to Win program that offers monthly prizes worth $25 and quarterly prizes worth $5,000 for every $25 you hold in a 12 month CD. 

To win epic prizes for free, check out sweepstakes!

Finally, we couldn’t end this article without mentioning another way to win free stuff – by entering sweepstakes! And while there are many ways to find and enter time-consuming giveaways, we’ve made it easy with mannafy – available on the Apple App Store and the Google Play Store

Check out our active giveaways here!