American Lotto Introduces Instant Cashless Payout

November 13, 2023 | Gaming

LAGOS, Nigeria (November 13, 2023) — Millionaire Powerplay Limited, a subsidiary of American Tech Company, has launched its new instant cashless payout brand to Nigerians, offering the largest odds and biggest money prizes ever on the platform.

American Lotto will be collaborating with financial players such as Zenith Bank, Paystack, Flutterwave, and Parkway, with the goal of empowering small businesses and over 7,000 Nigerians weekly.

Dr. Mafi Izekor, the President and Chief Executive Officer of American Lotto, introduced 15 new and unrivaled odds, providing opportunities for the biggest win in Nigerian lottery history.

Dr. Izekor also revealed that American Lotto is the first cashless payout platform in the history of gaming in Nigeria and Sub-Saharan Africa. He stated, “Leveraging cutting-edge technology to ensure instant payment to winners within 120 seconds of winning, instead of the traditional remittance of winnings by other gaming companies.”

He emphasized that American Lotto offers gaming activities with daily draws that will increase the chances of winning for Nigerians, with exciting games where winners could win over N200m.

Joshua Akinbanjo, the Chief Operations Officer of American Lotto, expressed that the mission of transforming the industry is based on the need to lead with exciting gaming innovations and the impact it will have on the lives of Nigerians and Africans who have yearned for a truly rewarding gaming system.

About American Lotto

The American Lotto is a new entrant into the Nigerian lottery market, offering better odds, larger prizes, and a cashless gaming and payout system. The company’s unique selling point is its commitment to making the entire gaming process cashless, allowing customers to play and pay with their Debit/ATM cards and registered vendors to pay with a Debit/ ATM card and retain their commission. Payouts are paid directly into winners’ accounts immediately after the draws are concluded. In addition, the company has a dedicated Corporate Social Responsibility program focused on investing in Health and Education across underserved communities in Nigeria. Millionaire Powerplay Limited is poised to make a positive impact on the community while disrupting the Nigerian lottery market. The Millionaire Powerplay is an American-style lottery system borne out of necessity. Our goal is to revolutionise the lottery system in Nigeria and beyond. We do not believe that it makes any justifiable reasoning that only a few persons win the entire lottery stake or worse still that stakers seldom win the lottery. Our vision is to ensure there are 10,000-200,000+ ticket holders winning the lottery every week in Nigeria, making over 7,000 Nigerians Millionaires on a weekly basis. We are not the traditional lottery company in that we strive to ensure our users and players odds of winning are significant and we believe that investment in Education and Healthcare is extremely imperative for the future of any civilised society. We want to be known as the #1 lottery platform in Africa and beyond. Our mission at Millionaire Powerplay Ltd. is to provide innovative and entertaining gaming experiences that empower individuals to achieve their dreams and fulfil their hopes. We aim to achieve this by leveraging our substantial investment in innovation, in-depth customer intelligence, operational expertise, and leading-edge technology offering.

This announcement was made in a statement released by the firm.