For those looking for a high yields savings or diversification

[KickoTheDon]

I suggest you look into this new thing called Yotta savings. It’s like a traditional bank account with the incentive of winning cash prizes similar to the lottery. Every 25 dollars that you put into the savings account generates a lottery ticket with 7 numbers. Every night at 9pm, a number gets pulled and by Sunday night 7 numbers will have been generated. If they match up with your tickets, you can win prizes up to 10 mil. If you happen to lose, your money stays in the account generating new tickets every week for new contests. On top of that, you get an interest rate of .20%. This should bring in more money than a traditional high yield savings account and there’s no risk because your money is FDIC insured up to 250k like a traditional bank. Seems pretty low risk to me and worth checking out. If you happen to download the app, please use my referral code TYREEK1 so that we could both get 100 free tickets. Let me know what you guys think.

 

[Dolla$]

Sounds interesting

 

[Brolic]

How much have you won from the tickets?

 

[KickoTheDon]

How much have you won from the tickets?

only been doing this for about a month and only won 10 bucks. Just been keeping the money in the savings account generating more tickets every week.

 

[JustDoTheWork]

How Yotta Is Making Saving Fun With a $10 Million Jackpot

it is an interesting concept, however my skepticism is at play, especially since it's a savings account. looks like the more you deposit, the more lottery tickets generated, the more chances of winning.

what's the APY on the account itself? I didn't see any information on that.

 

[Secure Da Bag]

On top of that, you get an interest rate of .20%.

I swear there was a time APY was like 1.xx%. Times have changed.

 

[KickoTheDon]

How Yotta Is Making Saving Fun With a $10 Million Jackpot

it is an interesting concept, however my skepticism is at play, especially since it's a savings account. looks like the more you deposit, the more lottery tickets generated, the more chances of winning.

what's the APY on the account itself? I didn't see any information on that.

with out the prizes, the interest itself is .20%