MYCASHOUT is a brand owned and operated by Naijalott Promotions Ltd, a company incorporated in Nigeria RC - 8345253 with its principal place of business at 85 St Finbarrs Road, Akoka, Yaba, Lagos State, Nigeria.
MYCASHOUT is duly authorized and regulated by the Lagos State Lotteries and Gaming Authority, operating under License No: [Insert License Number].
These Terms and Conditions govern the relationship between you ("the Player") and Naijalott Promotions Ltd, and apply to all participation in games via mobile services, SMS, USSD, and online platforms under the MYCASHOUT brand. By participating, you agree to comply with these Terms. MYCASHOUT reserves the right to update these Terms at any time. While we will endeavor to notify Players of significant changes, it remains your responsibility to review updates. Continued participation signifies acceptance of the revised Terms.
MYCASHOUT is a draw-based promotional game that allows Players to participate in radio-based raffles by paying an entry fee. Draws are conducted live in partnership with selected radio stations. Players can enter by visiting the MYCASHOUT website or using the designated USSD code.
I. Online Entry
Players may enter via www.mycashout.net by:
II. USSD Entry
To enter via USSD, dial *966*000*96610034+amount# on a mobile phone:
III. Play via USSD Link
3.1 Each entry costs ₦300, with a limit of 30 entries per transaction. Multiple transactions are allowed for the same draw.
3.2 Entries after the advertised deadline roll over to the next draw.
3.3 A valid Nigerian mobile number is required for entry.
3.4 Deposited funds are non-withdrawable and solely for game participation.
3.5 MYCASHOUT promotes responsible gaming. Only play with what you can afford.
3.6 All participants, regardless of entry method, have equal winning chances. Winners are selected randomly using a Cross River State Lottery and Gaming Agency approved Random Number Generator (RNG).
3.7 Players may authorize a third party (friend or POS agent) to make payment, but must initiate the entry process using their own number.
3.8 It is the Player's responsibility to ensure correct transaction details are shared.
3.9 Naijalott Promotions Ltd is not liable for misdirected winnings due to third-party errors. Players must:
3.10 Players must answer their phones during live draws. If unreachable, a new winner may be selected.
3.11 If a live call is disconnected, we will attempt to call back. If unsuccessful, a new winner will be selected.
3.12 MYCASHOUT reserves the right to refuse entries or limit participation without explanation.
3.13 Employees, directors, contractors, and their immediate families are not eligible to play unless for testing purposes and with written authorization.
4.1 Winners are selected via RNG and results are final unless proven otherwise.
4.2 Winnings up to ₦300,000 are credited directly to the Player's registered account. Prizes above this amount must be claimed in person with a valid ID at Naijalott Promotions Ltd's office.
4.3 Winners will be notified via SMS and may receive follow-up communication for verification and testimonial purposes.
4.4 Prizes unclaimed after 30 days are forfeited unless the Player notifies MYCASHOUT within 7 days of the end of the claim period.
5.1 Prizes must be claimed within 30 days using one of the following channels:
5.2 For exceptional delays beyond 30 days, written notice must be given and claim completed within an additional 7 days.
5.3 Payments are made via direct deposit or bank transfer. Higher-value winners may be asked to provide additional documentation.
5.4 Proof of payment is required for disputes. Players must provide:
6.1 Players are responsible for:
6.2 MYCASHOUT is not responsible for losses due to negligence in handling account details.
7.1 Naijalott Promotions Ltd shall not be held liable for:
7.2 Liability is limited to refunding entry fees or disbursing prizes.
8.1 MYCASHOUT protects Player data in accordance with Nigerian data protection laws. Data may be shared only for regulatory compliance or service delivery.
8.2 Players may receive promotional messages unless they opt out.
9.1 Any dispute will be submitted to the Cross River State Lottery and Gaming Agency for resolution.
9.2 MYCASHOUT may withhold disputed prizes until resolution is finalized.
10.1 These Terms are governed by Nigerian law. Updates will be posted on www.mycashout.net and take immediate effect upon publication.
10.2 All intellectual property on MYCASHOUT platforms is owned by Naijalott Promotions Ltd and may not be used without prior written consent.