WTA Gaming Announces World's First Lottery Game With a 100% Pay-Out Percentage

SWATAR, Malta, April 23, 2013 /PRNewswire/ --

Winner Takes All marks the birth of a new web-based lottery game; the mutual lottery

WTA Gaming announces Winner Takes All (http://www.winnertakesall.net), a new lottery game that can only be played via the internet. The company promises a 100% pay-out percentage to its players and manages to do so by using a very simple format that differs from regular lottery games; the mutual lottery. Winner Takes All has just one prize, the jackpot, which is determined by the number of players. The money players put in goes straight into the jackpot; the company only charges a transaction fee but will donate 50% of their profit to charity.

Winner Takes All (https://www.facebook.com/W1nnerTakesAll) marks the birth of a new type of lottery game, the mutual lottery. A lottery game where all stakes will be paid out, resulting in a 100% pay-out percentage. The company conducting the lottery merely serves as facilitator who charges a fee for its services. This type of lottery generates much better odds than regular lottery games. At Winner Takes All players can buy just one ticket for each draw. This ticket costs one euro and goes straight into the jackpot. There is only one prize and each week one person will take home all the money. Players can monitor the jackpot amount and thus their chance of winning it on the website.

"The goal was to come up with the most straightforward lottery game in the world," said Jasper Versteege, founder and director of WTA Gaming. "Most people who play lottery games don't know what their exact chances are or how the system works. We wanted to eliminate all roll-over's, lucky stars, power plays, jackpot caps, etc. We wanted to go back to the simplicity of drawing straws, and that's exactly what we've done. Only we do it digitally."

As mentioned, WTA Gaming will also act as fundraiser for charity by donating half of its profit to charity. WTA Gaming will generate revenue via a small fee on top of the real transaction costs.

As Jasper Versteege stated, "At Winner Takes All we're not only making our winners happy, but we also want to make the world a better place. That's why we will donate half of our profit to charity. More players equals higher jackpots and bigger donations. The power of the crowd lies in numbers; it's up to us to reach them."

About WTA Gaming

WTA Gaming Ltd. (http://www.wtagaming.com) is an online gaming company located in Malta and provides online gaming based on the 'Winner Takes All'-principle. WTA Gaming connects the world, lets technology do the work and keeps it simple.

SOURCE WTA Gaming