Lottoland Guinness World Record For Largest Online Gambling Payout
Lottoland has officially entered the record books. Last month, Guinness World Records recognized Lottoland for the “largest online gambling payout” due to a €90,000,000 (£79 million) payout issued to one lucky winner who bet on the outcome of a Eurojackpot drawing held back in June.
Guinness World Records has verified the record and updated its “largest online gambling payout” entry to explain that a 36-year-old cleaner from Germany named Christina hit the jackpot after predicting the winning numbers of the June 1st Eurojackpot drawing.
Lottoland paid the winner her full €90 million prize and subsequently claimed the top spot as the record-holder of the world’s biggest online gambling payout of all time. This is not just the biggest online lottery win; it is the biggest win of any sort ever paid by a gambling or betting site anywhere in the world.
Guinness World Records confirmed the record-breaking jackpot on both sides of the payout. First, they spoke with Lottoland officials to determine how Christina placed her bet and how Lottoland was able to cough up the dough for such a major payout. Of course, Guinness also spoke with Christina to confirm she had been paid as promised.
After verifying everything was as Lottoland and Christina claimed, Guinness World Records confirmed the entry to make Lottoland the newest record-holder for online gambling payouts.
Interview with the Lottoland Winner
Shortly after paying the winner, Lottoland spoke with Christina and published a recap of what she experienced after realizing she had cracked the jackpot.
“I couldn’t believe it!” Christina told Lottoland back in June. “I’m still in shock, to be honest! It’s a lot to take in, but I’m so happy to finally be able to look after my mum and the rest of my family.”
In talking with Christina, Lottoland learned that she and her mother worked together to choose the lucky numbers. Together, the two settled on 14, 19, 21, 30, 32 and the two Euro numbers of 4 and 7.
She told Lottoland that she checked her results on her phone one night while working the late shift at her cleaning job. She confirmed the big win and says she quit her job right then and there.
“I’ve always wanted to travel and visit new countries.” She told Lottoland. “Finally, I’ll be able to afford my dream holiday: driving coast-to-coast across the USA in a camper van!”
Lottoland CEO Nigel Birrell issued a statement at the time that said this:
“We really are chuffed to bits for Christina! It couldn’t have happened to a nicer lady.
“It’s also a huge landmark for Lottoland; not only is £79 million our record payout, but it’s also the world’s largest online gaming win – ever!
“More and more people from around the world are waking up to the fact that they can bet on the world’s biggest jackpots right here at Lottoland. We look forward to breaking more records in the future.”
How Can Lottoland Afford These Payouts?
Lottoland is not your typical lottery ticket delivery service and does not buy tickets on behalf of customers. Instead, Lottoland takes wagers on the outcomes of lotteries. This may sound like a fine distinction, but it is critical to the Lottoland business model because Lottoland does not have to shoulder the expense of sending people out to buy actual tickets.
The Lottoland model is closer to sports betting than actually participating in the lottery. Customers do not buy tickets; they try to predict the winning numbers of upcoming drawings. Lottery betting sends tend to match their payouts with published jackpots, but also have the ability to offer even bigger payouts than official lotteries.
This business model has not only concerned regulators due to its disruptive nature, but it also leads to one major concern among would-be customers: how on Earth can Lottoland afford to pay those massive jackpots out of its own pockets?
The answer is simple: insurance. Lottoland and other major lotto betting sites maintain policies with specialized insurance providers to cover the eventuality of a major win. Lottery betting sites may pay smaller prizes with money taken in from other customers, but the biggest jackpots are covered by their insurance providers.
