FEATURED STORY

Cosmas Korir wins Sh208m Sportpesa jackpot

Share
Cosmas Korir.
Share

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.

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.

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

7 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Nation Media Group (NMG) Headquarters
BUSINESSMEDIA

Nation Media Group Net Loss Widens to KSh308.6M

Nation Media Group (NMG), the largest media outfit in Kenya, saw its...

Limuru Tea farm
AGRICULTUREBUSINESSECONOMYNEWSSTOCKS

 Limuru Tea Pre-Tax Loss Deepens to KSh 50.02m

Limuru Tea, a listed agricultural firm, posted a pre-tax loss of KSh...

CBK
BUSINESSECONOMYNEWSSTOCKS

CBK Invites Bids for KSh 10 Billion Switch Bond Auction

CBK (Central Bank of Kenya) has invited bidders for a switch bond...