Savings and gambling! What could go wrong? 😹
Yotta, an online-only savings account, lets you play the lottery in such a way that you always win. Or at least, never lose.
Instead of earning interest like other high-yield savings accounts (where interest rates are currently 4% or more), Yotta pays you in daily lottery tickets with drawings up to $1 million.
Fascinated? Horrified? Maybe a little curious? That was my initial reaction.
Also, why not?
When I saw their partner banks are FDIC-insured and then literally 1,000s of 5-star reviews on the App Store, I decided to throw in $100 bucks (which gets me 4 free daily tickets) just for fun.
I don’t have to pay for these tickets, and on average, Yotta claims to return 2.70% APY with winnings included.
But let’s be real. Yotta is about the thrill. The dream. The “what if?” The “somebody’s gonna win, and it could be me!”
Hey, in this world, we need to have fun whenever we can. And if Yotta gives you a daily boost of feel-good chemicals well… that’s worth it.
