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AfroMillionsLotto, a brand new lotto with a minimum jackpot close to a billion naira is to be launched in support of the Nigeria Professional Football League (NPFL) clubs by the League Management Company (LMC) in partnership with British-based Ofertas365.

The lotto, due to be live later this month, has jackpots larger than every lottery in Nigeria combined, and the biggest available anywhere in Africa!

All 20 NPFL clubs are to be branded with their own page on www.AfroMillionsLotto.com where people can buy tickets online for the twice-weekly draws, as well as enjoy a range of Instant Win games offering big-money prizes.

The benefit for the clubs is that each will receive a percentage of the revenue raised from their lottery site to increase income to fund player development, supporting stadium and pitch improvements as well as community-based projects.

LMC Chairman, Shehu Dikko described AfroMillionsLotto as one of the most exciting commercial developments in club football in Nigeria in recent times and suggested that it would positively impact football financing extensively.

Dikko said, “The LMC bought into this partnership because of its realistic potential to revolutionise our clubs’ commercial operations, thanks to the money lotto will bring in. Lotto has proven to be extremely successful with English Premier League clubs and we hope to replicate its success here in Nigeria.”

In his own comments, James Leppard, CEO of Ofertas365, said “We are delighted to work with Africa’s largest and most prestigious football league in launching AfroMillions Lotto, which will offer players, whether they are football fans or not, the ability to win truly life-changing jackpots.”

About Ofertas365 Limited:

Ofertas365 Limited helps football clubs and charities in Emerging Markets raise money through lotto. The UK company, headquartered in London, operates AfroMillions Lotto.

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How it works

After selecting the football club of their choice and setting up an account on the AfroMillions Lotto website, anyone over the age of 18 can deposit money using their credit or debit card, e-wallet or cash voucher, which they will soon be able to purchase through various points-of-sale.

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They then choose a line of six numbers ranging from 1 – 49 and an additional bonus number between 1 – 9 before buying a ticket costing €0.60 (approx. ₦220). The winning numbers are based on the twice-weekly German National Lottery draw, which can be viewed live on German television on Wednesday and Saturday evenings.

Jackpots and prizes will be displayed on the AfroMillionsLotto website, together with the prizes for correctly predicting 6, 5, 4, 3 and 2 matching numbers. The minimum jackpot starts at €2,500,000 (close to a ₦billion) and rolls over by €250,000 each time it’s not won until it reaches a maximum of €5,000,000.


Why Euros

The NPFL AfroMillionsLotto sells tickets and displays jackpots in Euros because it’s the currency of choice for the lottery industry. However, people pay to play in their local currency and when they win, they’ll withdraw money in their local currency too. By promoting AfroMillions Lotto in Euros, it can offer the biggest jackpots in Africa. It’s as simple as that.

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com



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