{"id":2794,"date":"2018-10-01T12:53:25","date_gmt":"2018-10-01T12:53:25","guid":{"rendered":"https:\/\/casinous.com\/?p=2794"},"modified":"2019-02-13T12:39:16","modified_gmt":"2019-02-13T12:39:16","slug":"lottoland-world-record-holder-largest-online-jackpot","status":"publish","type":"post","link":"https:\/\/casinous.com\/lottoland-world-record-holder-largest-online-jackpot\/","title":{"rendered":"German Cleaning Lady Wins Largest Online Jackpot with Lottoland"},"content":{"rendered":"<p class=\"post-modified-info\"><a class=\"last-modified-author\" href=\"https:\/\/casinous.com\/author\/dave\/\">Dave<\/a> | October 1, 2018 | Updated on: February 13th, 2019<\/p><p>A German woman, who worked as a cleaning lady, recently set a new world record when she won the world\u2019s largest online gambling jackpot with Lottoland. She won a total of \u20ac90 million, or $103 million. This is, by far, the biggest online gambling payout in history, and this has been confirmed by the Guinness Book of World Records. The win actually took place at the beginning of June 2018, but it took some time for Guinness World Records to confirm it was the largest in history.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_2795\" style=\"width: 500px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2795\" class=\"size-full wp-image-2795\" src=\"https:\/\/casinous.com\/wp-content\/uploads\/2018\/10\/Lottoland-World-Record-Jackpot.jpg\" alt=\"Lottoland jackpot largest online gambling win ever\" width=\"500\" height=\"333\" srcset=\"https:\/\/casinous.com\/wp-content\/uploads\/2018\/10\/Lottoland-World-Record-Jackpot.jpg 500w, https:\/\/casinous.com\/wp-content\/uploads\/2018\/10\/Lottoland-World-Record-Jackpot-300x200.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><p id=\"caption-attachment-2795\" class=\"wp-caption-text\">Lottoland has claimed the world record for the largest online gambling jackpot, following a German woman winning over $200 million back in June 2018,<\/p><\/div>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"lottoland-win-smashes-old-record\"><\/span>Lottoland Win Smashes Old Record<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The lucky winner has been identified only as Christina. She placed a bet on the Eurojackpot draw through a secondary lottery, known as Lottoland, and guessed all the winning numbers correctly. With a secondary lottery, players don\u2019t buy tickets for the lottery, but rather bet on the outcome of other lotteries. Following her win, Christina immediately left her cleaning job and is now planning on travelling around the world.<\/p>\n<p>The German taxman will take just 5% of the win, which equals $5.2 million. As mentioned, the win has been confirmed as the largest online gambling win of all time by the Guinness Book of World Records. We can\u2019t see this record being broken anytime soon. It smashed the previous record holder, which was a $17 million jackpot win with Microgaming\u2019s Mega Moolah <a href=\"\/online-slots\/progressive-jackpots\/\" target=\"_blank\" rel=\"noopener\">progressive slot<\/a>. This win happened back in 2015.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"how-lottoland-does-it\"><\/span>How Lottoland Does it<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Online casinos will have a tough time matching the jackpots offered by the likes of Lottoland. The idea of secondary <a href=\"\/online-lotteries\/\" target=\"_blank\" rel=\"noopener\">lotteries<\/a> has come under fire in some countries recently. This is especially true in Australia, where some politicians are trying to ban the practice. Many people wonder how secondary lotteries like Lottoland are able to offer such big jackpots, when they do not have the player liquidity of a traditional lotto.<\/p>\n<p>It actually happens thanks to an insurance model known as \u2018insurance-linked securities\u2019. Typically, this type of insurance is used by countries to protect against massive, unexpected expenses like natural disasters. However, Lottoland uses this insurance to protect itself against huge jackpot wins like this one.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dave | October 1, 2018 | Updated on: February 13th, 2019A German woman, who worked as a cleaning lady, recently set a new world record when she won the world\u2019s largest online gambling jackpot with Lottoland. She won a total of \u20ac90 million, or $103 million. This is, by far, the biggest online gambling payout [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3697,3701],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lottoland Earns Largest Online Jackpot Record after $103m Win<\/title>\n<meta name=\"description\" content=\"Lottoland officially has the world record for the largest online gambling jackpot ever awarded, after a player won $103 million back in June. 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