A new gaming platform is set to be launched in the Kenyan market.
Cashpot dubbed ‘Tingisha Maisha’ will be launched on Friday 20th March, 2020, where the first campaign will be rolled out and winners announced via national and vernacular stations.
According to Cashpot Chairman Ngovi Kitau, the platform which is a 100 per cent Kenyan owned Lottery is accessible through Safaricom & Airtel mobile money wallets and suitable for mature audiences with disposable income.
“Lotteries worldwide are used by governments and private organizations to transform societies by raising funds. The teams behind CashPot lottery are working hard to raise awareness on the positive impact a lottery can have on the community when performed responsibly and as a fun activity,” said Kitau.
Monitored and regulated by Betting and Control License Board (BCLB), CashPot has been designed to offer players a 1 in 33 chance of winning which is currently the highest in the market unlike other gaming platforms whose odds are 1 in 10,000.
Kitau said CashPot owned by FedhaPot Limited will solely focus on raising money for sponsoring two orphanages and help in absorption of teenage street boys and girls into skilled labour via on-the-job apprenticeship.
“We are different from betting or gambling firms since our sole aim is to raise funds to help less fortunate members of society gain meaningful skills and education that enables them to play a nation-building role,” said Kitau.
To participate in the CashPot Lottery, one will be required to Enter Pay Bill 88333 for Airtel Money and/or 700999 for Mpesa with a two-digit number between 00-99 as account number, deposit any amount between sh.50 – 1,000, then stand a chance to win up to 40X your stake twice daily.
CashPot maximises opportunities for players to win every day instead of the characteristic of one Mega winner. In addition, selection of the CashPot winner is done in a full proof transparent method in a secure, remote location outside Kenya guaranteeing players zero interference or foul play.
“We are motivated by the opportunity to change the current negative narrative of gaming in Kenya and protect the reputation of the CashPot Lottery by demonstrating to players how leveraging lady luck can contribute positively not only to their lives but also towards shaping the national Infrastructure,” he added.
Cashpot Draw will be done twice daily.
CashPot team leader and CEO, David Mighty said that as long as the key focus is to help the people and not on taking but genuinely giving back, then they will make a change in building the society.