Get a Loan.
Win Money.

Borrow and win with prize-linked loans from LottoLend. 24/7 instant approval up to $1,500. E-Transfers sent within minutes of signing up. 42 to 62 day repayment terms. Weekly cash prizes of $10 to $10,000!

How much would you
like to borrow?

$100
Slider with Shadow on Thumb Only
Minimum $100
$750
Maximum $1,500
First Name is required
Last Name is required
Email is required
(Does not impact your credit score)
LottoLend is a Licensed and Regulated Lender.
Street is required
City is required
Pin Code is required
(Does not impact your credit score)
LottoLend is a Licensed and Regulated Lender.
Phone number must be 10 Digits
(Does not impact your credit score)
LottoLend is a Licensed and Regulated Lender.
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HOW IT WORKS

We're changing The Way Canadians borrow

We pool a portion of our revenue from lending and pay it back to you, our lucky customers, through weekly cash prizes.

1. Apply Online

Start by filling out our simple application form. It can be completed in just a few minutes. No credit check required.

2. Get Approved Instantly

Our system processes your application instantly. If approved, you’ll receive an offer outlining the loan terms and conditions. No long waits, no hassle.

3. Receive Funds

After accepting the offer, funds are automatically transferred to your bank account. Most transfers are completed within minutes, ensuring you get the cash you need right when you need it.

4. Get Your Tickets

For every $10 you borrow, you receive one ticket. When your loan is repaid in full, your tickets are automatically entered into the next weekly draw. Draws are held every Friday at 12:00 MST.

5. Win & Repeat

If you win, an email and SMS text message will be sent notifying you of the amount won. You will be required to answer a simple skill testing math question through email to claim your cash prize.

"I was short on funds between paychecks so I borrowed $300. After paying off my loan I won $100 in the weekly draw! I couldn’t believe it, they basically paid me to take a loan! Finally, a loan company that actually helps people. Thank you LottoLend"

Neil P.

Grand Prairie, Alberta

"During a family emergency, I was strapped for cash. I tried every avenue available but every time I applied, I got turned down. Not knowing what to do, a friend recommended LottoLend. I got my loan that day, and we each got a $15 bonus for the referral. Again, thank you LottoLend."

Lindsey A.

Edmonton, Alberta

"It was my daughter’s birthday and I was short on cash. I tried LottoLend. They had my loan that day and I was able to celebrate my little girl's birthday. And it’s cool they use part of their income to pay cash prizes to customers. You guys rock."

Sami H.

Calgary, Alberta

Borrow And Win!

Whether you need cash for car repairs, medical bills or groceries, you can trust LottoLend for a fast and fun experience. Apply today for your chance to win!

TIME TO NEXT DRAW:
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WHY LOTTOLEND

Canada’s Fastest Growing
Lender

Fun & Rewarding

Earn a ticket for every $10 you borrow and repay. Automatically be entered into our weekly draws. More borrowing means more chances to win!

Quick & Easy

Complete our online application in minutes. Receive instant approval and have funds transferred quickly to any Canadian bank account.

Transparent & Fair

Our loan terms are clear and straightforward with no hidden fees. Enjoy flexible repayment options tailored to your needs.

Secure & Supportive

We use military-grade encryption to protect your data. Our customer support team is always here to help, making sure your experience is smooth and secure.

Refer friends and earn $15 each, plus chances to win cash!

Refer friends to LottoLend and you both receive $15 when they take a loan and pay it back in full. It’s simple, rewarding, and fun. Spread the word and start earning today!

FAQS

Quick Answers To Great Questions

What is LottoLend, and what is a prize-linked loan?

LottoLend is a 100% Canadian-owned financial technology company based in Calgary. We offer prize-linked loans up to $1,500. A prize-linked loan is a short-term unsecured cash loan repaid by pre-authorized debit when you receive your salary payments. It's like a payday loan, but it gives you the chance to win cash prizes in weekly draws. Every $10 borrowed gives you one (1) ticket into the draw following the full repayment of your loan. We hold weekly draws on Fridays for several cash prizes ranging from $10-$1,000, and a variable $10,000 jackpot!

What is LottoLend's mission?

LottoLend was created to help Canadians become more financially secure. We’re on a mission to promote financial inclusion and incentivize responsible borrowing. Why? Because many studies show that healthy financial behaviors - and having access to emergency funds specifically - contribute to better mental and physical health, which results in a happier, healthier and wealthier life. We're different from traditional short-term unsecured lenders in one big way; we pool our revenue from lending, pay our operating expenses, and give the rest back to our customers through weekly cash prize draws.

How does it work?

1. Take out a loan. Every $10 borrowed gives you one (1) ticket. Tickets are automatically generated. 2. Pay off your loan. Once your loan is paid off in full, your tickets will be automatically entered into the next weekly draw. 3. Win Prizes. Draws are held on Fridays. We use a secure quantum randomization engine to select winning numbers. If your ticket number is drawn for any of the cash prizes, you win! ‍You will be asked to correctly answer a skill-testing math question question (through e-mail) to receive your cash prize. Don’t worry, you get three tries to get it right! The prize amount will be deposited into your savings account after correctly answering the skill-testing question.

Is LottoLend a lottery?

No, but it’s like a lottery in the sense that you can win big. LottoLend offers customers a promotional contest. You get chances to win money with our unique weekly draws just by borrowing. There is no gambling involved and no additional cost to participate in our weekly contests. In fact, you can enter for free without taking a loan by following the steps in our Rules of Play.

How do you offer more value than other lenders?

Unlike traditional lenders, we pool a portion of our revenues and pay it back to our customers through weekly cash prizes. This lowers the effective average APR (annualized percentage rate), which means we charge our customers significantly less than other lenders.

Do I need to have a bank account to use LottoLend?

Yes. We need to connect to your bank account as part of our verification process, and to make and receive payments.

What is Instant Bank Verification (IBV)?

Instant verification is a fast and secure process that grants us viewing privileges to your bank account. Your personal information remains safe and secure, since Instant verification shares the same level of security as your bank. All we are provided is a copy of your bank statement: we never log in to your account, nor do we ever see your ID or password information. While logging into your financial institution your private information remains private. With IBV we can make a quick decision regarding your application, meaning you can get your funds quickly and easily. This is our recommended process as it allows us to serve you best by providing a fast and secure way to get your loan approved.

How does LottoLend make money?

We earn revenue on interest and fees. This is what covers our operating costs and allows us to pay out cash prizes to lucky customers.

Are you only available in Alberta?

We are only available in Alberta right now. We are preparing to expand to other provinces soon.

Is LottoLend only available online, or do you have stores?

Thanks to the convenience of the internet, LottoLend is online only – and you can get your funds e-Transferred to you the same day! Being online only (we have no stores) allows us to lower our operating costs and return more cash to our customers.

What are some alternatives to a short term unsecured loan?

Ask your employer for an advance – Some employers are willing to provide paycheck advances to help employees cover emergency expenses. The fees and interest are often lower. Payment plan with creditors – Contact your creditors directly to request alternate payment arrangements until you can pay in full. Many are willing to work with borrowers. Borrow from friends or family – If you have a trusted friend or relative who can loan you money, this avoids borrowing costs entirely. Just be sure to formalize a repayment plan. Secured credit card – These require a cash deposit that acts as your credit limit. This option helps those trying to establish credit history. Traditional loans – Banks, credit unions, and online lenders may approve standard personal loans at lower rates for those with good credit scores.

Still have questions?

LottoLend is a licensed and direct lender in Alberta

LottoLend is a responsible short term lender regulated by provincial laws. We are fully licensed, transparent and 100% compliant.

2 or 3 repayments are available based on your pay frequency at no extra cost or fees; ranges between 42 to 62 days.

Maximum total cost of borrowing permitted in Alberta for a payday loan:$15 per $100 lent.

We charge $15 per $100 lent.

Payday loans are a form of high-cost credit.

This information meets the requirements of the Consumer Protection Act.

Payday Loan Business Licence Number: 357541