This is my review of Yotta Savings app after having used it for a month. I have tried to go in as much detail as possible to answer the questions I had when I first joined Yotta Savings. If you have any confusion or questions, feel free to reach out to me via the comment section below and I will get back to you.

Get free 100 tickets worth $2500 when you sign up using my referral code ANIK1 and make your first deposit. (It’s free)

What is Yotta Savings?

Yotta Savings is a FDIC insured savings account that partners with banks that don’t have bloated marketing budgets and real estate expenses. That allows them to provide 15-100 times more value on savings compared to Wells Fargo or Chase.
Here’s what’s different: for every $25 held in Yotta Savings account, you get 1 lottery ticket every week. A lottery ticket has 7 numbers. Everyday at 6pm PST (9pm EST), one random number is drawn. At the end of the week you win prize money depending on how many numbers on your ticket matched with the numbers that were drawn. For instance, 5 numbers matched = $800 prize. 7 numbers matched = $10 million prize. The prize ranges from $0.10 to $10 million, per ticket. After the week ends, you again get 1 ticket for every $25 in your account to play the new week’s game. For instance, holding $500 in Yotta Savings account will give you 20 lottery tickets every week. If you sign up using my invite code ANIK1, you also get 100 bonus tickets for free.

Their app is available on IOS and Android app stores and anyone with a US bank account can use it for free. There is zero fees involved. No fee to transfer money into or out of Yotta. Just like a regular savings account, you can make up to 6 withdrawals per month. Withdrawals take 2-3 days to process back to your connected account. The lottery prizes are deposited into the account immediately after each week’s game ends on Sundays. The monthly savings bonus is deposited at the end of every month.

In their own words by the Yotta team,
Every $25 you save into our FDIC insured savings account earns you a recurring ticket to win prizes up to $10m through weekly random number drawings.
Pick 7 numbers for each of your tickets, or have them auto-selected for you.
A random number is drawn every night at 9pm ET, with the 7th and final number drawn on Sunday night.
The more numbers you match, the more you win. Match all 7 and you win the $10 million jackpot.
No matter what, you still get paid over 2x the national average on all your savings.
You can withdraw your money at any time and your money is fully FDIC insured, so there’s no risk.
Users don’t pay any fees whatsoever. Yotta gets paid by the bank.

Is Yotta Savings Legit? Yotta Savings Reviews

Yotta Savings is legit. It was featured on Product Hunt (backed by silicon valley’s Y Combinator). Take a look at this post for reference: https://www.producthunt.com/posts/yotta-savings

Personally I have been using Yotta for over a month now. Although I have not won $10 million yet (:D), I have won some small amounts and also received the monthly savings bonus. I am able to withdraw the amount to my linked bank account whenever I want. From experience I can vouch for Yotta that the app is real. It is definitely wise to keep your emergency savings in Yotta as compared to larger banks that don’t pay any real interest. Yotta pays interest (monthly savings bonus) and it also gives rewards (lottery winnings).

This week, one of my tickets has matched 4 numbers so I won $15 from it. And another 5 of my tickets matched 3 numbers each — $0.4 x 5 = $2. My total winnings this week = $17. The Yotta ball (red ball) is being drawn tomorrow. Fingers crossed. Check the screenshot attached 🙂

I’d like to add that their app is nice too. Simple and straightforward, you will learn how Yotta Savings works in less than 5 minutes. People have rated them strongly on the app store.

Winning Prizes on Yotta Savings App