Can you play the Powerball Lottery with Bitcoins?

Last year, the US Powerball Lottery reached a historic high of $1.5 billion. Wow, you can’t even imagine that number and what it means to win that much money. Everyone was buying tickets like crazy to become rich like Croesus. But did you know it’s possible to buy a Powerball ticket with Bitcoins?
Those of you who already had a Bitcoin wallet were lucky because they could use their Bitcoins. Learn more about Bitcoin gambling and Bitcoin lotteries and open up a whole new world for yourself.

Where to Buy Powerball Lottery Tickets with Bitcoins

Of course, you can’t buy a Powerball ticket with Bitcoins at your local lottery shop. That’s not how Bitcoin works. All you need to do is find an official and legitimate online reseller of Powerball lottery tickets.
It’s not difficult to find them, as almost every online retailer is slowly discovering the benefits of this cryptocurrency. Even the biggest brands are getting involved. Most of these resellers also accept dollars, but the most important thing here is that they will let you buy Powerball tickets in Bitcoins.
Some of them even sell lottery tickets for international lottery games like the EuroMillions in Europe, the largest lottery there. If you purchased a Powerball ticket, the reseller will send you scans of your tickets. It’s practically the same as buying in dollars.

How do I get a payout?

This is the most important part—how do you get your winnings? There are several options. If you win a smaller amount, you can get the entire amount at once. If you win a larger amount, the reseller may pay directly into your Bitcoin wallet in several installments. If you hit the jackpot, which is usually huge, you can also choose to collect your winnings in person.
But here’s the best part: You don’t have to collect 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 Bitcoins, just take the entire amount (if possible).
Bitcoins are not taxed, and they are not subject to any processing fees. Most importantly, you can cash out your winnings within 10 minutes, which isn’t possible with any other payment method.

The Advantage

There’s one major advantage to playing a lottery with Bitcoins: remaining anonymous. While regular currency deposits require various forms of identification and proof of identity, this isn’t the case with Bitcoins. Opening an account with an online reseller also requires minimal effort. You only need to enter your email address and generate a personal Bitcoin address where your Bitcoins will arrive and be stored. No first name, no last name, no credit cards, no street, no address – nothing related to sensitive data that could be used to harm you.