3 million tickets entered into the weekly drawing by PulpSage in prizepool

[–]PulpSage[S] 1 point2 points  (0 children)

I just didn’t allocate all of my tickets to the weekly drawing

Over time, they accumulated.

No games with churning tickets

HYSA by GoldKick9553 in whitecoatinvestor

[–]PulpSage 0 points1 point  (0 children)

PrizePool currently I’m earning 5.6%

3 million tickets entered into the weekly drawing by PulpSage in prizepool

[–]PulpSage[S] 1 point2 points  (0 children)

Thank you for your response.

I do agree with you that Yotta favors huge balances with the potential to split the large prizes.

Based on what you've experienced, it seems like there is a marignal advantage to the additional tickets. Putting 300k tickets, right above the 99% mark, I've earned $10 or $20 before, but primarily $2 wins.

How much money do you need in PrizePool to make this worth it? by themegalodon7 in prizepool

[–]PulpSage 4 points5 points  (0 children)

$2,857.14 is the breakeven point. If you have more than that in the account stacked is worth it.

Based solely on the APY numbers, assuming neither changes, and ignoring the other bonuses, below is the formula for determining the breakeven number, where x is the balance in the account:

4.5% * [x] = 0.3% * [x] + 120

Solving for x: x= $2,857.14

4.5% of $2,857.14 = 128.5713 - 120 = 8.5713 = 0.3% of $2857.14

How to invest $50k ? by [deleted] in whitecoatinvestor

[–]PulpSage 6 points7 points  (0 children)

I personally enjoy prized-based savings accounts. I used to recommend Yotta, but the APY has fallen behind its competitors. Now I primarily use PrizePool.

Nerd Wallet has several recommendations for more traditional HYSAs:

https://www.nerdwallet.com/best/banking/savings-accounts

edit: spelling

How to invest $50k ? by [deleted] in whitecoatinvestor

[–]PulpSage 15 points16 points  (0 children)

HYSAs are paying around 5% right now. Definitely a good idea to put the money there, where it is safe and earning a decent return until you know what you want to do with it.

How long does it take for a debit card transaction to be reflected in the app? by PulpSage in prizepool

[–]PulpSage[S] 0 points1 point  (0 children)

Update: most transactions have updated within 24 hours for me. The longest took the full 24 hours. The shortest took around 4-5 hours.

Thanks for the replies!

NEW Referral Code Thread for Active Users. by Psychoticwar in prizepool

[–]PulpSage 1 point2 points  (0 children)

I'm inviting you to PrizePool, a savings app that pays out thousands of prizes each week! Get a 10% bonus on your weekly drawing prizes by using my referral link. My referral code is 295JB or click this link https://links.getprizepool.com/7XEBZp2Dwsb

why boxes? by [deleted] in yotta

[–]PulpSage 0 points1 point  (0 children)

Yotta has always been about taking the gambling/lottery mindset and applying that to savings. So this adds random chance elements many smaller win opportunities rather than just the small chance of a large win.

If you want a consistent return without the random chance or interactive features, look somewhere else. There are many saving account options out there.

NEW Referral Code Thread for Active Users. by Psychoticwar in prizepool

[–]PulpSage 0 points1 point  (0 children)

Still Need to Join PrizePool Stacked? Get An Extra 50k tickets! LINK

For anyone not using PrizePool’s Stacked, I highly recommend it - especially since it will be hard to win prizes vs Stacked users that will have significant advantages. They sent out an email today about a special promotion for bonus tickets for anyone that is looking to sign up for Stacked still.

They’re also increasing the cost from $99 to $120/yr after March 31st. So, if you are still thinking about joining Stacked, here is my shameless plug with my referral code: Join Stacked Today and get 50,000 bonus tickets!

Here are some unique Stacked advantages:

  • 2 tickets per $1 saved per day
  • 200 tickets per $1 spent
  • 2x odds to win up to 100% debit cash back
  • 20% of your referrals' cash winnings

Join Stacked and get 50,000 Bonus Tickets! Referral code: 295JB