Gewinnsparverein der Volksbanken und Raiffeisenbanken Norddeutschland e.V.

About

Gewinnsparverein der Volksbanken und Raiffeisenbanken Norddeutschland e.V. is a German registered prize-savings association (Gewinnsparverein) for cooperative banks in northern Germany (registered office Kronshagen, Schleswig-Holstein), operating a state-permitted Gewinnsparen savings-with-lottery programme. It is operated by Gewinnsparverein der Volksbanken und Raiffeisenbanken Norddeutschland e.V., a non-profit registered association (e.V.) within the Volksbanken/Raiffeisenbanken or Sparda-Bank cooperative network, under a German social-lottery permit and the rules of the Interstate Treaty on Gambling. Members purchase monthly Gewinnsparlose tied to savings deposits with their cooperative bank — a portion of each lot funds savings, a portion enters the monthly prize draw, and a portion is donated to charitable and regional projects. There are no online casino, slots, sports-betting or poker products; eligibility is restricted to customers of the participating member banks holding accounts in Germany.