The best part about playing online lottery for real money is that you get to withdraw your winnings and spend it on whatever you like! At Lotto247, we want to make sure that each and every player knows how to withdraw their winnings to make sure that they make the most out of their good fortune - that’s why we have written this article explaining how to withdraw winnings from Lotto247.
How to Know If You’re a Winner
Before we explain how you can withdraw your winnings, let’s first explain how to know if you have won. All of the latest lottery draw results are always shown on the results page. You will also receive email notifications about the results of any draw that you have entered as soon as they are available. We try to post the draw results as close to the official draw time as possible so that you never have to wait long to see if you’re a winner.
If you win anything less than €200, you will be notified of your winnings via email. If you win anything more than €200, you will receive an email and a personal call from one of our agents to congratulate you (which is why it is so important to enter your correct cellphone number during registration)!
How To Claim Your Winnings
After the results are announced on our results page, via email or over the phone to you, the winnings should automatically be added to your account. Once your winnings have been added, you can then select the “Claim Winnings” button to explore your options.
Your two options are:
- Top up your play account - play with your funds, ideal for smaller winnings
- Withdraw your winnings - you will be paid out your winnings, ideal for larger winnings
All winnings are automatically paid out by Lotto247 directly into your player wallet. If you choose to top up your play account, your winnings will be transferred into your player balance where you can use it to purchase more lottery entries or play Keno, instant win games, or scratchcards. If you request to withdraw your winnings, they will be electronically transferred out of your player wallet into your nominated bank account/withdrawal method.
How To Withdraw Your Winnings
If you choose to withdraw your winnings, simply select “Withdraw” after the “Claim My Winnings” button. The withdrawal transfer will be done directly via transfer to your nominated bank account. Please note that withdrawals can take between 2 to 10 working days to process/reflect. You may need to provide proof of identity or other verification to claim your winnings as a security precaution, depending on the size of your withdrawal.
Is there a minimum withdrawal amount on my winnings?
The current minimum withdrawal amount on all player winnings at Lotto247 is €12.00. If you do not reach the minimum winnings amount required for withdrawal, you are allowed to keep your winnings in your account until it becomes high enough to withdraw.
Our motto when it comes to player safety at Lotto247 is that it is better to be safe than sorry! Lotto247 takes player security extremely seriously and constantly updates and employs new safety and security features. We currently use state of the art Comodo SSL encryption, which protects all of your information and transactions.
We are licensed by the Curacao Gaming Commission, which means that we follow a strict set of standards and legal guidelines. We are also subjected to a full set of rigorous audits frequently by third party watchdogs who ensure both your lottery entry purchases and withdrawals are carried out with the highest standard and with the utmost regard for security.