Calling all Hive Super Savers!

The Prize Linked Savings Account called No Loss Lottery accepts Hive for savings as Leo and Lottery entry.

-Yes the No Loss Lottery, a Super Saver Account or Prize Linked Savings Account has always accepted Hive for deposit and one (1) Hive will buy two (2) tickets.

Yes one Hive currently buys about two numbers and is refundable as two Leo.

Hive deposits will be converted to Leo at the time of deposit.

This original amount of Leo will be credited to your Leo account and that’s the amount you will be refunded regardless of any change in the price of Hive or Leo.

What is a Prize Linked Savings Account?

It is a savings account where every Leo token, and now Hive token, gives you the chance to win a Prize!

How do you win?

Every Leo or Hive you deposit buys one or two tickets. -
Each ticket is assigned a number.
Every Sunday a random number generator is used to pick a winner...
and three lucky people win a cash Prize!

How much can you win?

So far first prize is between 80 to 120 Leo.
Second prize is 40-60 Leo.
Third prize is 20-30 Leo.
It varies depending on Cubfinance earnings for the week.
Some weeks there are five prizes.
All deposits are invested in the Cubfinance yield farm.
All earnings from all the Savings Accounts are pooled together and given away as cash prizes minus a 10 percent administrative fee.

Why would I want to save my money in a Prize Linked Savings Account?

Because each one Leo ticket could win a cash prize upto 120 Leo.
Your deposit qualifies you for the drawing every Sunday,
And you can withdrawal it at anytime.

Why not just put it in a bank?

Because the bank pays 0.25% interest per year.
That’s 25 cents per year per hundred dollars deposited.
Whereas the Prize Linked Savings Account gives you a chance to win a Prize 100 times greater then the minimum deposit.
That’s 100x or 10,000% interest!

Why not just play a lottery like Florida’s Powerball and win a million dollars?

Because the odds of winning are about one in ten million. - Because the odds of winning in this Prize Linked Savings Account are one in two thousand two hundred. So your odds of winning are about 500 times higher.
Because the ticket you buy for Government Powerball gives you one chance to win, and your money is gone forever.
But in a Prize Linked Savings Account you have a chance to win every week and you can withdrawal your money anytime.

So a Prize Linked Savings Account gives you an unending chance to win a cash prize 100 times larger then the cost of your ticket and you can always withdrawal your money?

Yes

Did you know the No Loss Lottery is open to Hive holders?

And you can buy one ticket with one Leo token.
Yes, it has always accepted you can buy two tickets with one Hive.
Prices will change with the value of Hive and Leo.

How do you start Saving?

Send one Leo to @nolosslottery, or send one Hive.
That’s it.

May I save more than one Leo or one Hive?

Yes, deposit as much as you like into your Prize Linked Savings Account.
Each Leo is assigned one number and each Hive is assigned two numbers.
You can withdrawal it anytime.

How Do I withdrawal my savings?

Send a wallet memo requesting to withdrawal your savings, and it will be transferred directly to Leo wallet of the Hive account you write the memo from.
Check your Leo wallet, not Hive wallet, as all Hive is converted to Leo.

Questions??

-Leave them in the comment section below.

Happy Super Saving!

The No Loss Lottery is a project run by @shortsegments

. THE END....

Posted Using LeoFinance ^Beta

Calling all Smart Savers the No Loss Lottery accepts Hive!