What is Yotta?
Yotta Savings is an app based FDIC insured savings account that takes a new spin on an old concept–the savings account. While Yotta savings is traditional in that it still gives you interest on your savings (at 2x the national average), it also gives you the opportunity to earn up to $10 million every week. Yotta uses the same psychology that inspires us to buy lotto tickets and instead uses it to motivate its users to save money.
What is Unique About Yotta?
For every $25 you save with Yotta, you earn one lotto ticket per week and can win anywhere from $0.10 to $10,000,000 every week.
To be clear, because this is something that confused me when I first learned about Yotta, it is not that you get 1 ticket once for every $25 dollars you deposit in Yotta, you get 1 ticket for every $25 every week. So for instance, if you just sign-up, deposit $25 and let it sit, you will get one ticket every week for a chance to win $10,000,000.
However, if you deposit and withdraw money, the number of tickets you get changes with your bank balance. If you have $100 one week–you get 4 tickets, $50 the next–2 tickets, etc…
With your lotto tickets, you have the option of picking 7 numbers for each ticket every Monday or “letting it ride” and having your numbers picked for you. So while you can be an active participant in Yotta, you can also “set it and forget it” and still have a chance to win.
Yotta’s contests (or lottery) is held weekly with one number picked every night at 9pm ET with the final number, the special “red ball” picked on Sunday to give you all 7 numbers that must be matched to win the $10,000,000 jackpot. However, you earn money for matching the red ball or two ore more numbers, with the more numbers you match–the more you win.
If you win, your winnings are deposited on Sunday nights after the red ball is drawn.
Is Yotta Safe?
Yes, Yotta is a legitimate, FDIC bank. Therefore, whatever you have in your savings account, up to $250,000, is insured by the FDIC.
Your account is protected by bank-grade encryption and authentication.
Does Yotta Have Fees?
Yotta has no monthly fees and no minimums, so it really is a no-risk way to try to win some big money.
How Do I Sign-Up for Yotta?
Yotta is an app only platform that you sign-up for by downloading the Yotta app. However, if you use my referral code PYSG1A95 you will get a bonus 100 free tickets for next week’s drawing.
Tip for signing up: Your tickets are assigned as soon as you make your first deposit (especially your bonus tickets), so if you sign up in the middle of the week, you cannot pick the numbers that have already been drawn and cannot win the full $10 million. Therefore, you may want to wait until Monday before the first week’s drawing to make your first deposit, to have your bonus tickets applied before the first ball is drawn.
How Do I Earn Extra Tickets?
In addition to getting the 100 bonus tickets for using my referral code, you can refer your own friends and family to Yotta and earn 100 bonus tickets for every new member who signs up using your referral code.