Earn 100 free tickets Yotta Sign up bonus when you open a new Yotta savings account using a referral code and win prizes worth up to $10 Million with more rewards.
Plus, increase your chance to win prizes by sharing your Yotta Referral code with your friends and get 100 bonus tickets to level up your winning chance!
Yotta is the Financial technology platform launched to change people’s opinions about personal finance. The platform aims to provide a unique savings experience for its users by combining saving money with the chance to win big prizes through a daily lottery.
So In this article, we will look at all the Yotta promotions with simple steps to claim your Yotta Sign up bonus to win weekly money.
Yotta Sign up Bonus: 100 Free Bonus Tickets
You can get 100 free tickets as a Yotta signup bonus using this official referral link or the referral code helpingdesi7 during registration.
With your first deposit, you’ll receive these 100 bonus tickets for the next weekly contest. You will get additional Bonus tickets as you deposit money.
How To Get Yotta Sign up Bonus?
- Visit this Yotta Referral Link to sign up.
- Then Sign up Using email and create a password.
- Now you will see “Have a referral Code” Paste Yotta Referral code “helpingdesi7” and click on “Join Yotta.”
- Now you have to give some basic details and choose your account type, “Defi Yield with 4% APY” or “USD Yield with 1% APY.”
- At last, link your bank account, and you will get 100 free tickets when you make your first deposit.
Download the Yotta app!
Yotta Referral Bonus: Give 100, Get 100 Tickets
The Yotta referral program offers 100 free tickets for every friend you invite using your unique Yotta referral code. And if your referral makes their first deposit, you will get 100 free tickets to get up to 10 million.
How To Get Yotta Referral Bonus?
- Login to your Yotta account.
- Go to the “Refer a Frind” section, copy your unique Yotta referral code, and share it with your family and friends.
- Once someone signs up using your special Yotta promo code and makes their first, you will get 100 free tickets.
- Your referral will also get 100 free tickets for using your referral link.
Looking for more referral bonuses? Check out BeFrugal And RebatesMe referral promotions and Earn $20 Per Referral.
How To Convert Yotta Sweepstakes To Money?
As per Yotta’s official rule: the individual will earn one Ticket for each $25 on deposit with the first $10k. Thereafter one Ticket for each $150 on deposit.
A Ticket allows an individual to choose one set of numbers. A set of numbers consists of six regular numbers and one final number drawn from Yotta Ball. If the numbers on an individual’s Ticket match the randomly drawn numbers, the individual will win cash.
What is Yotta?
Yotta is a savings app that allows you to earn high yield interest on your savings. Yotta is out to change people’s opinions about personal finance.
It offers an FDIC-insured savings account to deposit and save money and provides additional rewards to start saving money.
The Yotta Savings Account allows users to earn up to 2.3% interest on their savings, significantly higher than most traditional savings accounts. In addition to the interest, users can win prizes through a weekly lottery.
Yotta is a financial technology startup similar to Tellus App that provides an alternative interest rate structure for saving money. Founded in October 2019 by co-founders Adam Moelis and Ben Doyle, Yotta is headquartered in New York City.
Is Yotta Bank legit?
Yes, Yotta is completely legit and safe. Yotta uses military-level 256-bit AES encryption for all your personal data and transfers info through secure SSL channels.
And Your funds are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250 000, so regardless of what may happen, your money will never leave your account.
How Does the Yotta app work?
The Yotta company is not a bank but a financial technology company (FinTech) that uses an underlying banking system provided by Evolve Financial Group.
So here is How Yotta works:
New users can get an advantage Yotta signup bonus of 100 free tickets. Tickets can be earned by promoting your Yotta referral code on social media and others. There’s no fee to open a Yotta account or to use the app.
After signing up for Yotta, you will get one weekly lottery ticket for every $25 saved in your account.
And Each ticket offers you to choose seven numbers, and at 6 pm PST, Yotta draws a random number, so the more numbers that match your ticket in weekly random number drawings at the end of the week, the more money you will earn.
So basically, the more you can earn money and save, the more tickets you can win, hence the more chances to win.
The winnings from Yotta are not considered income, so you aren’t required to pay taxes on them. Instead, you get paid in cash prizes.
Why Should You Use Yotta?
- Earning Tickets
A deposit of $25 up to $10,000 earns you one recurring ticket each week. Every $150 above $10,000 earns you a ticket. A deposit of $10,000 would result in 400 tickets each week for someone with a $10,000 balance.
In addition to getting extra money paid up to two days early, you’ll also receive 5% bonus tickets.
The numbers are drawn every night at 9 pm ET. A third-party insurance company picks the numbers. If you match more numbers on your tickets, you win.
- Savings Rewards
Multiple attempts have been made to calculate the passive income an “average” person can expect to earn with Yotta in rewards. Some believe the savings rate is between 1.5% and 2%.
However, that doesn’t mean you’ll automatically earn 1.5% – 2% interest on your deposits. Yotta’s base savings reward is 0.20%. Effective rate calculations factor in both the base rewards + prize winnings from lottery tickets.
You can win up to $10 million weekly at Yotta, including small amounts for partial ticket matches.
- Picking Ticket Numbers
Lottery tickets must be filled out individually. It can take a while if you have many tickets to fill out. We already mentioned that depositing $10,000 produces 400 tickets every week.
Who has the time to fill out numbers on 400 tickets? Thankfully, Yotta has a simple solution to fill out a lot of tickets quickly. By selecting auto-fill, you will have random numbers to fill out all your tickets.
- Pool Play
Pooling tickets together from various people increases your chances of winning. It is similar to an office lottery pool where employees pool together their tickets to see if one of them wins. The winnings are distributed to the pool members.
If you love to save money with great discounts and coupons while earning extra cashback on your purchases then check out our detailed article on Latest Cashback sites.
Saving can be hard, but if it can be done in a fun way, it becomes a lot easier. Yotta solves this problem by making saving instantaneously fun and offering superior economic value.
You can win big by opening an account with a Yotta signup bonus and making deposits. If you don’t win a prize, your money grows over time instead of disappearing like in the lottery.
Join Yotta Now and start collecting rewards. Hope your tickets get picked, and you will be the next winner. All the Best.
Is the Yotta debit card free?
Yes! Yotta Debit Card is free, while some ATMs may charge withdrawal fees. Yotta has partnered with the Allpoint® ATM network, and It has an ATM finder feature that lets you locate the nearest ATM.
That means Yotta customers can use over 55,000 ATMs in the USA for free. Many merchants also offer cash back without charging a fee.
How is Yotta making money?
The primary revenue source of Yotta is interest on deposits. Like most banks, it earns revenue from lending. From this revenue stream, they pay us interest on total deposits held with them.
They give most of this interest to their customers through our Daily Drawing Sweepstakes but keep a small portion as profit.