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How Cosmas Korir  a Sh208 million SportPesa MEGA Jackpot Winner Invested His Fortune.

“Opportunities for incredible luck seldom come knocking twice, particularly in the realm of gambling. In the year 2018, a 36-year-old man named Cosmas Korir received life-changing news that he had clinched the remarkable kes208 million SportPesa mega jackpot. Recognizing the extraordinary nature of this event, he was determined to make judicious choices with his newfound wealth.

Korir shared his astonishment at the moment he discovered his jackpot victory in an interview on Nation’s YouTube channel, appropriately titled ‘The Gamblers Paradise.’ As he was driving to West Pokot, he received a call from a SportPesa representative, followed by a confirmation call from the betting company’s CEO, Ronald Karauri, affirming his monumental win.

“The voice on the other end of the line declared me the mega jackpot winner. I had to stop my car to fully absorb the information I had just received. Initially, when we placed our bets, we had promised each other to share the prize money, and I intend to honor that commitment with the friends who helped me choose the winning teams,” he revealed.

How He Managed His Windfall:

  1. Purchasing His First Property: Korir invested Sh50 million in acquiring a flat in Kitengela, which he affectionately named ‘KK.’ He estimates that when fully occupied, this property generates a monthly rental income of Sh570,000.
  2. Acquiring a Second Property: He went on to purchase another flat in the same neighborhood, spending Sh65 million. This apartment complex consists of 96 rooms, including 25 one-bedroom units and 71 bedsitters. When fully occupied, it yields an estimated monthly rental income of Sh820,000.
  3. Completing His Home in Bomet: Korir allocated kes2 million to complete his rural house in Bomet, which had remained unfinished due to financial constraints. He also repaid a kes3.5 million loan he had taken to fund the property’s construction.
  4. Prudent Financial Planning: In response to a flood of financial advice from friends and well-wishers, Korir decided to place Sh130 million in a fixed deposit account. This step allowed him to carefully evaluate his investment options.
  5. Generous Gifts to Friends: Mr. Korir generously shared kes5 million with each of his two close friends, as part of an agreement they had made. They had collectively decided that whoever won their bet would distribute a portion of the winnings.

“We were a group of three, and, as usual, we meticulously strategized on the teams to bet our money on. Since my friends did not have the resources, I provided them with Sh200 each, allowing them to bet on five teams, while I opted to bet on seven teams,” he recalled.

  1. Providing for His Family: To secure his family’s future, Korir acquired a house in Eldoret, where he resides with his wife and three children.”