Cosmas Korir wins Sh208m Sportpesa jackpot

BT CorrespondentOct 1, 20181 Mins read2.2k

Cosmas Korir.

Cosmas Korir is the new millionaire in town after winning the Ksh 208,733,619 SportPesa mega jackpot at the weekend.

Korir, who vied for the Konoin parliamentary seat in last year’s elections, currently serves as the Director of Agriculture in West Pokot county.

“We have a mega jackpot winner Sh208,733,619,” SportPesa said via its social media pages.

This is the fourth time a Kenyan has won the jackpot.

In May last year, Samuel Abisai won the first jackpot of Ksh 221 million. A month later, three winners shared Sh115 million.

On February 7, Gordon Ogada, an orphan, won the biggest pot of gold in SportPesa history by taking home Ksh 230,742,881.

To win the jackpot, one must correctly predict 17 football matches.

| We have a winner!!!

We are proud to announce that the #SportPesaMegaJackpot worth Kshs. 208,733,619/= has been WON!

More to be revealed! Keep it here for the full update. pic.twitter.com/NxdU13irYn

— SportPesa (@SportPesa) September 30, 2018

The betting firm said anyone who correctly predicted 12 matches and above in the latest jackpot will be awarded a bonus.

It said 16 correct predictions will get Ksh 11,628,589 each while 15 correct predictions will each get Ksh 487,756.

Those who predicted 14 matches correctly will walk away with Ksh 101,004 each, 13 correct predicts will get Ksh 12,691 while 12 correct predictions will get Ksh 4,249 each.

According to the Finance Act 2018 passed by parliament on September 20, all customer winnings on betting will attract 20% taxation.

“We are in the process of clarifying the details of the implementation of the 20% tax on customers’ winnings. Once this is clear, we will communicate further,” SportPesa said in tweet.

– Original reporting by The Star.