Online lottery betting operator Lottoland is hopping on the cryptocurrency bandwagon by offering what it claims is the world’s first Bitcoin lottery.

Lottoland recently announced that “the world is going Bitcoin bonkers and so are we” via the launch of Bitcoin Lotto. The game is a standard 6/49 style numeric lottery draw – based on the official results of Spanish lottery Bonolotto – but any one player who manages to correctly match all six numbers will win a jackpot of 1k BTC, worth approximately €14.2m at the time of Lottoland’s announcement.

In the case of multiple winners, each winners’ share of the Bitcoin Lotto jackpot will depend on the number of Bonolotto jackpot winners. As explained on the Lottoland website, “if there are 2 Lottoland winners of the Bitcoin lotto and 2 winners of the Bonoloto jackpot, the 2 Lottoland winners would each win 250 BTC.”

Following Bitcoin Lotto draws, which start on December 18 and run every day except Sundays, Lottoland will lock in the current value of 1k BTC as listed on Coinbase charts. This value will be converted back into BTC when the winner officially requests payment via BTC.