GigaLotto.com is an online lottery service founded in 2011 and operating under the License No. 8048/JAZ2013-014, authorized and regulated by the Government of Curaçao. GigaLotto is operated by Kootac N.V., which office is located at Wilhelminalaan 12, Willemstad, Curaçao. GigaLotto can be contacted via email address [email protected] or Facebook fan page. GigaLotto offers 6 international lotteries and 3 lottery syndicates. The GigaLotto website is available in 16 languages.
Once again, we’re back to the ole argument about betting versus actual buying lottery tickets online with gigalotto.com. These folks rocked online in 2011, using a variety of international lotteries as their basis for betting. It’s a hard call on what is more legit as long as the company pays on those wins – or is it? The thing about some of these betting places is that they can set what they pay out on. Let me show you.
Games at Gigalotto Website
Gigalotto.com offers betting on six lottery games – US Powerball & Mega Millions, EuroMillions and EuroJackpot, Italy’s SuperEnaLotto and German’s 6aus49. When playing any of these games, Gigalotto also offers a bonus ball game as part of single ticket purchase where players can pick three balls and roll their odds based on a bet between €1 to €10. The amount won depends on the specific lottos. They do offer a money back guarantee on losing tickets but digging through the small print; it’s hard to figure out how and where this kicks in.
Gigalotto and Syndicates
It is nice to see a lottery – hang on the betting game – that packages their syndicates clearly. Euro Combi offers EuroMillions (55 ticket lines) and EuroJackpot (45 ticket lines) with 88 shares a week. US Combi is US Powerball (15 ticket lines), and Mega Millions (35) played twice a week with 93 shares. Their big one is VIP World which includes all six lotteries with totally weekly ticket lines of 530 split between 133 shares. Okay – you’re waiting for ‘the but.’ But, syndicates are purchased monthly, and, though Gigalotto.com says they can be canceled at any time, the small print says there are no refunds.
Speaking of Small Print
Reading through the terms and conditions at Gigalotto.com can be a real drag. Each of the different lotteries offered for betting has its breakdown on what a winner gets. Winning the jackpot is pretty straight forward with the winner getting what is shown in the jackpot. It’s when there are multiple winners in the official lottery, or there are numerous winners in Gigalotto that it gets complicated. There is also the issue on annuities. In regular play, there is an inheritable amount that goes to the estate. With Gigalotto, you die – your account dies. It’s not something that we’d usually worry about, but if you got into an accident two years after a jackpot win that pays out as an annuity – that’s it.
Customer Service & Gigalotto.com
If you want to ask questions, there is email, an online form, and a snail mail address. That’s it. No phone number, no live chat, and the team started wondering just where and how they are. Kootac Trading operates Gigalotto.com limited that is registered in Malta at the same time they say Kootac NV is the operator which is registered in Curacao.
The Bottom Line at Gigalotto.com
Seriously, folks, I do get that betting on the numbers that will be drawn in a lottery isn’t that much different from having a lottery ticket. I will say that Gigalotto.com does use a European insurance company Emirat AG to guarantee their wins. At the same time, I do like the concept that someone, somewhere is getting me my tickets, whether individually or in a syndicate.
Where are They?
Betting versus Real Lottery Tickets
What is the Payout?
If you are thinking of playing here, definitely get your microscope out and go through the small print. One of the team figures they need glasses now from going back and forth trying to figure out how this all works! We agree that Gigalotto.com gets a thumbs down and we’re going to stick with the recommended online lottery providers!