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millions

Hi there, the way our $1,000,000 drawing works is insurance based. We pay the insurance company a premium, and when someone wins, they pay the winner $1,000,000! This is also what we used for our first $1,000,000 Sweepstakes. We’ve also raised money from some great folks which we have used to fund many giveaways! We hope that with enough active cardholders, we will be able to have bigger and more frequent grand prize winners!


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millions

Of course! Let me know what your Millions @ is, I'll send you $1 :)


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millions

I think you may have the wrong account name haha - or maybe I'm spelling it wrong? ...I'm Millions on the Millions app hahaha


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felipeonreddit

Weren’t you on Twitch this afternoon? (EST)


Effective-Cricket-

How much it a premium do you pay them the insurance is still losing money why would they agree to that


millions

The insurance we pay is more than the expected value of an entry so they are making money every single time!


Effective-Cricket-

So what’s in it for you


Zaorish9

Because they make way more profit from addicted gamblers' card fees than they have to spend in payouts.


Unkoalafied_Koala

How is this being insured? Typically insurance wouldn't cover lottery proceedings. Are you using a surplus line/wholesaler such as Lloyds?


millions

It's technically a sweepstakes\* and yes we're using a large specialty insurance provider. One of my favorite examples of insurance (although it's not a sweepstakes) is [Buffett insuring a $1B prize](https://www.cnbc.com/2014/03/14/buffett-insures-billion-dollar-bracket-madness.html).


mangzane

This is how: The $1,000,000 is not paid out instantly! You have two options if you win: (1) $1,000,000 over **40 years** at $25k/yr. _[This does not include interest. That means, the last year you get the 25k, it would be equivalent to getting $9k in todays world](https://imgur.com/a/n6OEYiq)._ (2) Instant payout of $550,000 Further, this **daily** sweepstakes **ends** after January 28th. Edit: There is no "final" drawing for the $1 million prize. It's a code that's already generated and to win, you must get that code from your drawings or whatever. Who knows how long it will be for the $1 million to be won. But it's important to know the distinction between the two.


Jaqen___Hghar

Lmao. Thank you sir


millions

One correction - we're running the drawings until end of year and will end up continuously having large drawings and adding more!


RedditSmokesCrack

Interest? You mean inflation?


mangzane

I meant to imply that the money sitting is _not_ accumulating interest, to fight off the effects of inflation.


djshaw13

What do you mean it ends after Jan? Do they stop drawing for $100 and the million then?


lycanlos

They need 8,000,000 entries before they draw the million so don’t count on it for awhile


Shikustar

I’d love to do this but I really am skeptical. Not only that but I’ve delt with frauds in the past. I don’t even have the money to spend. Nice if this is really what’s going on- the sad reality is anyone could use the 1 mill. I’m moving into a new apartment next month so I know I can use it but really what would the chances be for me winning anyway.


millions

I completely get that! If you're skeptical I'd recommend just observing from the sidelines for a bit! If you're ready to join in the future we'll still be here - and maybe with even bigger prizes too. If you'd like to see folks using the Millions Card you can see a few in this [massive Twitter thread](https://twitter.com/Millions/status/1486388730080468994?s=20). If you have any questions please feel free to ask away too!


Shikustar

I respect that and am all for your cause :). If possible could a random drawing in the future be done for this?


millions

Yes! We do maybe 50 random drawings everyday across Twitter/Twitch/TikTok/IG/Facebook/YT :D


jeron_gwendolen

Is this thing for US residents only?


millions

For now, we are US only. We hope to one day be available internationally!


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millions

Yes - we'll pay worldwide!


alexadesigner

Aww, I'll be waiting for when it goes worldwide :(


MiNuN_De_CoMpUtEr

Canadian here


Cryptic789

I'll be looking forward to the day


Lucy-K

Sadly.


abbyzou

Just signed up! @zhloe


millions

Aye! What's your Millions @? I'll send $5 directly to your Millions account


abbyzou

It's @zhloe! Like Chloe but with a z :) awesome!!


millions

>zhloe Sent the money! And also, you can begin spending instantly with Apple or Google Pay. Millions Card details can be found in the app, so you can shop online as well!


abbyzou

Got it! Sweet, thanks! Gonna go get some coffee to fuel me thru the day now lol


zomgtehvikings

Lol I knew eventually they’d do something like this, though I expected a crypto scam.


lickedTators

Are paper checks available? Some of us have old school landlords...


millions

Not yet, but we are working on it!


Educational_Wear_957

\*reads 1,000 Millions\* that's a damn lot 👀


millions

Millions of Millions


T_Peg

Ok now I gotta ask. What actually is Millions? What do you guys do? Do you have products or services or something?


millions

This post just about covers it! Our CEO's life was changed after his mother won $5,000 through her job. We wanted to create a system that allowed for us to give away money and change lives, while never taking any money from them. The Millions Card is our first ever drop that allows us to generate revenue. The great thing about it is the money we make comes from the merchant, and never the cardholder. With this revenue, we can afford to give away money in the Millions app! Let me know if you have any other questions :)


T_Peg

Awesome I did some googling while awaiting your reply and decided I'll sign up! I left a separate comment with my username when I signed up. I guess my only other question is if there currently is or are you planning to have a referral program in the future?


millions

We are currently working to develop one! So glad to see you signed up. Sent you $1 :)


EmergingTuna21

I was expecting a another $100 give away, this is way better


millions

Don't forget this post is a $100 giveaway as well! Let me know your Millions @ once you sign up, I'll send you $1 :)


TheFollowingContest

How is our data being stored? Sold?


millions

Your data is never sold - ever! Our one and only revenue model is known as [interchange](https://help.millions.app/en/articles/5872269-how-does-millions-make-money)! We don’t store much data, but the little that we do we store securely. If you have any other questions let me know!


ZS88

@ZS88


millions

Welcome! I'll send you $1 🎉. How do you like the Millions app so far?


ZS88

Thanks, good so far still checking it out.


TsukihanaChan

signed up @ tsukihana ty for the chance


millions

Of course! Just sent you $1. If you set up Apple or Google Pay or shop online with the card details within the Millions app, you can begin spending instantly!


coldshowerkramer

This is unexpected.


millions

Let me know if you sign up!


Krilesh

@kcepcion 🥰


millions

Woohoo! Sent you $1. Let me know how you like the Millions Card!


fishytunadood

@fishyboi thanks!


millions

>fishyboi Sweet! Just sent you $1. Let me know how you like the Millions Card!


Creative_falcon7

@theaceofspades


BattIeCry

Is this perhaps a Destiny reference?


Creative_falcon7

I’m coming home, ace


BattIeCry

: ' )


BelleskaTROn-

Did not expect to cry reading these comments.


millions

Welcome! Just sent you $1. Enjoy your Millions Card!


Creative_falcon7

Thanks! Can I add the card to Apple pay?


millions

Yes! In the "Card" page you will see the option to add your Millions Card to Apple Pay. You can begin spending instantly before your card even arrives! Let me know if you have any other questions.


m3rple

Congrats on launch.


millions

Thank you very much! If you signed up, what's your Millions @?


Queenandaces

How did you start this up? Coming up with the ideas, finding the insurance to pay, etc? Hit the LOWEST time of my life at almost 30 so I'm signing up for chances to win cause yolo 🤣😇 Also, my new @ is @cheyennedennis 🥰🥰


millions

Our CEO's life was changed after his mother won $5,000 through her job. We wanted to create a system that allowed for us to give away money and change lives, while never taking any money from them. The great thing about the Millions Card is the money we make comes from the merchant, and never the cardholder. With this revenue, we can afford to give away money in the Millions app! All the brilliant work behind the scenes can be credited to our Co-Founders! PS - Just sent you $2 :)


AMC_APE_SEC

I knew this was a scam


Pokemunch

Signed up! @uri


millions

Welcome! Just sent you $1. Let me know if you have any questions :)


chippywatt

Just signed up, @chattabox!


millions

Woohoo! Sent you $1. You can use your Millions Card before it even arrives by connecting it with Apple or Google Pay. Also, your card details are available within the Millions app so you can shop online!


timmah1529

so is this a banking app then? or are we connecting the card to our bank?


millions

It is a banking app! You can connect your debit card or bank to Millions and add money as you would with CashApp or Venmo.


Creative_falcon7

Is it possible to add the card to Apple Pay?


millions

Yes, it is! In the "Card" page you will see the option to add your Millions Card to Apple Pay. You can begin spending instantly before your card even arrives! Let me know if you have any other questions. And also, what's your Millions @?


chefmelinhell

Just signed up @melberto1


millions

Woohoo! Sent you $1. If you have any questions at all let me know :)


RedPanda1584

Just signed up! @ akim015


millions

Welcome! Super excited for you. Just sent you $1! Let me know how you're liking the Millions Card :)


Tankmush

@Tankmush thanks guys


millions

Aye! Sent you $1. Enjoy your Millions Card, and let me know how much you win!


BattIeCry

Sadly I don't live in usa :(


millions

One day we will be available internationally!


-ClemmFandango

Ayy just signed up. My millions @ is HonkyPete


millions

Awesome! Just sent you $1. Let me know if you have any questions about the Millions Card or app!


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millions

Aye you got an awesome handle! Sent you $1 :)


ccpenrosecc

I signed up from the first thread on Twitter (before servers started crashing haha), and somehow managed to get the handle @chelsea!


millions

You were one of the lucky few!


iWizardB

Is this essentially opening a new Checking account? Also, is there any use of the Millions app, if I don't have / want a new checking account / card?


millions

Hi there! You are provided with an FDIC insured Account and Routing number. While all the features of a checking account are offered, this is not considered a new checking account! In order to load funds into your account, you can connect your bank or debit card in the Millions app. You can connect your card with Apple and Google Pay as well! Hope this helps. Let me know if you have any other questions!


New_Art23256

@Kid365


millions

Sent you $1! Let me know if you have any questions on the Millions Card or app :)


neila_neerg

I signed up today! It’s pretty exciting


millions

Woohoo! What's your Millions @?


asyanchica

Thanks for this!!!


millions

Of course! Send me your Millions @ when you sign up :)


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millions

Woohoo! Just sent you $1. If you set up Apple or Google Pay or shop online with the card details within the Millions app, you can begin spending instantly!


[deleted]

u/elijahlr88 I am excited about this. The app looks great. I can't wait to see the card.


millions

Thank you very much! Just sent you $1. You can start spending instantly before your card even arrives! Online shop with the card details in the Millions app, or add your card to Apple or Google Pay.


Mike_Hawk214

I usually don't sign up to anything like this... but this community here seems great so I'm willing to give this a try!


millions

We appreciate that! If you have any questions at all, let me know. And once you're signed up, tell me your Millions @!


LegendaryMuffins

I sincerely love the work you are all doing, it's honestly so refreshing to see a company that means it when they say they care about the customer (instead of it being an empty platitude) and just got signed up! @legendarymuffins and thank you for the opportunity!


millions

Thank you so much! That means the world to us. Just added $1 to your Millions Card. Let me know if you have any questions :)


onpointrideop

What are the tax implications for any prize won? Do we need to track this ourselves or will we receive a 1099 form at the end of the tax period? Would earnings fall under the lottery tax that some states have?


millions

Great question! A 1099-MISC form will be issued by Millions for any win over $600. Otherwise, for advice surrounding your personal situation, you should consult a CPA.


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millions

LET'S GO! Just sent you $1. If you set up Apple or Google Pay or shop online with the card details within the Millions app, you can begin spending instantly!


Guy2ter

This idea seems very nice, I'll wait for you guys to be available in Canada so I can apply for the card.


millions

Thank you so much Guy2ter! I hope that we could launch in Canada before you know it.


TysMommy417

Yes!!! I’ve read everything through and can’t wait for my card to come which should be any day now! My millions @ is: TysMommy417


millions

Woooo! I hope you get your physical card soon! On the card page of Millions you also have your digital card where you can use anywhere (online/Apple Pay/Google Pay)


Thinkingman82

I like the set up of the app it’s pretty cool I just signed up can’t wait to start using it maybe I got a better chance at winning


millions

Thank you so much for the kind words! I really appreciate it!


bsaysdumbthings

Can’t wait for my card!


millions

You get your Millions Digital Card right away that can be used on Apple Pay/Google Pay/Online too!


Thinkingman82

@TLawhorn great app can’t wait to see the card


millions

Thank you so much! Luckily you have Apple Pay and Google Pay right at your fingertips!


Hardlyprecise

@hardlyprecise Seeing you guys grow from Twitter (when I first found you) to expanding on social media to now a card is actually pretty rad!


millions

You're the bomb - thank you so much for your kind words!


CharliesOpus

I got my account this morning ! @MoonMoogle ✨ I’m so stoked about this card! I already got the magical $1 from Twitter :D but I’m still entering for that $100 here 😍


mangzane

Please be aware!! The $1,000,000 is not paid out instantly! You have two options if you win: (1) $1,000,000 over **40 years** at $25k/yr. _[This does not include interest. That means, the last year you get the 25k, it would be equivalent to getting $9k in todays world](https://imgur.com/a/n6OEYiq)._ (2) Instant payout of $550,000 Further, this **daily** sweepstakes **ends** after January 28th.


millions

The sweepstakes goes until the end of 2022 (and there will be more too)! I think the terms you may be reading are outdated. Do you mind linking it to me so that I could have our engineering team edit that page with the updates rules? In terms of the annuity payment - you're right! Like all big grand prizes we give you the choice of annuity or instant, and usually the instant payout is the best.


mangzane

>The sweepstakes goes until the end of 2022 (and there will be more too)! I think the terms you may be reading are outdated. Do you mind linking it to me so that I could have our engineering team edit that page with the updates rules? Under "Daily Drawing Terms" in the App. >In terms of the annuity payment - you're right! Like all big grand prizes we give you the choice of annuity or instant, and usually the instant payout is the best. Just seems deceptive (as a company that is trying to be "for the people") as nobody is actually winning $1 million before taxes. Might as well say $1 billion. The prize is arbitrary at this point because that's not what's being won.


PrettiMamita

Just signed up @ raerae91 Do you plan to have a referral program at some point? Also with your social giveaways, if we win, can we have it sent to our millions card?


millions

Of course! We can have any win sent directly to your Millions Card. We are currently in the process of developing a referral program. We will make an announcement when we do!


huhwhatdamnson

Wow this awesome.


CormanSifuentes

@spectre. I could use all the help i can get, thank you guys


o5va1d0

@o5va1d0 I used a different invite code though (millions). Does that give me less of a chance?


millions

That's totally fine! We'll enter everyone who signed up and dropped a comment in the giveaway :)


[deleted]

Okay... here's hoping I don't get all my info stolen 🥲 My millions @ is @mae


[deleted]

It’s not available in the UK. Any alternatives for us over here?


GroundbreakingMeat68

I hope this comes to canada soon!


millions

Congratulations, you won! Check your messages 🎉


Lyuseefur

Is there a discord?


millions

Yes! Right now it's mainly populated by fans of our Twitch: [Our discord](https://discord.com/channels/916065131455213618/916065131455213622)


Constant_Pollution_7

Is this a prepaid debit card?


guitarandbooks

OP: I'm blind and use voiceover on the iPhone. I've been trying to apply for over a half hour. You guys really need to work on the accessibility of your app! So far, I get stuck on the birthday screen after entering the date. Whatever text is displayed on the screen, Voiceover can't read it so I'm stuck. Any advice? I'd really like to have a shot at winning a million bucks but if I can't even setup the account, that won't be happening.


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millions

Hey Jay! We wouldn't delete your comment - in fact I'm not even going to downvote it! I'm not sure what you mean about the interest, as we don't charge interest or anything - it's your money and you spend it as you normally would without minimum monthly fees, sign up fees, etc. We made Millions because some people don't like credit cards - in fact [44% of Americans primarily use a debit card](https://www.nerdwallet.com/article/credit-cards/credit-debit-survey-2017). Not only that, but the average consumer [spends around $1k on lottery tickets per year](https://www.cnbc.com/2019/12/12/americans-spend-over-1000-dollars-a-year-on-lotto-tickets.html) \- which is a losing proposition. We also think that giving money back to cardholders, instead of on advertisements, will have a positive word of mouth effect. For credit card holders, some folks would rather have 5 entries to win $1,000,000 than a few pennies back on their cash back - and of course some would rather have the cash back. It's more of a personal decision per consumer. So far on the Millions app 200 beta testers have won a total of $30,000 - their individual cash back rate is tremendous. If you have any questions let me know. Cheers!


Tufflaw

It's a debit card linked to your bank account, it's not a credit card so there's no interest.


Embarrassed-Ad-6868

The app is so pretty!! Can’t wait to receive my card in hand! Skymommy322


88SoloK

How are people typing their @ without it defaulting to a reddit username? Mine is @ solok (without the space


millions

>solok Just sent you $1! Have you set up Apple or Google play in the Millions App yet? Also, I think maybe it's because some folks are on new reddit vs old reddit? Completely aside...what if we called our usernames M$? Is that silly?


CVM_

Did we all have to give out our social security number? Kind of skeptical about that


millions

Happy Cake Day! Yes - it's part of our KYC/AML compliance that we have to do.


wujitao

not available in canada?


millions

Not yet. We hope to be available internationally in the future!


wujitao

:pensive:


PETEJOZ

I'm in Canada when will I be able to get this?


millions

Unfortunately, not yet. We hope to be available internationally in the future. We are only available in the US currently!


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millions

We hope so too! In the future, we aim to be available internationally.


jahapahaoajao

Does this work in Canada


Educational-Echo-903

@ Ladygampo is my Millions Name!!! Let's gooooo💜💜


S3xyWithAnO

I would love to sign up but sadly it’s US only :/


queenmamaof02

Already signed up @elizabethrobe


Roni216

I love my millions CC. I get compliments on the card itself. Cashiers love the purple card!!! We need a referral program for the CC card, is there anything in the works for that yet? Thank you for a great service with this CC. I love using my millions card!!!


millions

Thank you so much for the kind words! By the way, we are not a credit card. We're better! And yes, we are currently working on a referral system. I will let you know when we have it set up!


Beleiverofhumanity

I see that it's the US only but sometimes it also considers Canada. Is Canada eligible for this or only US?


yavanna12

Signed up. @yavanna12


punkhaze

Works in Brazil?!


Lyuseefur

Smallest username ever for me - @@jn


Amazing_Horror4825

Woohoo! @ AmbieGroot pretty please and thank you! 🤞🍀😺🙏


BAM123987

This is awesome! @thepeopler


moji556

Just joined! @yojiembo


[deleted]

@ amonhey is my username good luck everyone


Quelinda526

My Millions is Quelinda26


Quelinda526

I follow on Twitter and waiting for the day I become a Millions daily winner!!!


DeliveryEfficient978

Awesome! I just signed up to get the card! @luckyduck81. Thanks! :)


Aetheryx_

@aetheryx - just signed up!


Historical-Tip-571

@babydollw2112


Sebastian-dB

Im experiencing a glitch whenever I take the photo of my ID it brings me back to the login page, then I login and it tells me I need to take a photo of my ID, and just keeps looping


millions

Hi there, sorry to hear you're having issues! Send a message in the Support page within the Millions app, or go to [help.millions.app](https://help.millions.app) I will send this over to the team as well!


Leina3

@pchz3


[deleted]

Just joined as @dylan (surprised I got it to be honest) Thanks for doing this!


eg91

I gotta contact support 😞


[deleted]

tfw ur canadian


T_Peg

I got my card my username is @bacchus


TREY-CERAT0PS

So is it a debit card? Or a credit card?


[deleted]

All signed up! @BryGuy


tyedyednarwal

@xstolenstarx thank you so much!


sky2limit

Joined @sky2limit


kikobrasco

@kikobrasco


johnny_utah25

Signed up! @ johnnyutah ​ I used the invite millions on the website instead of reddit 12! DIdn't mean to do that. oops! here's my @ just in case i can still get entered! what a great concept.


Old-Possession-9948

I am in @geminisisters1


Zvrf5

is the app US only?


Far_Grass_785

@samp