Man Shows off the Big Hotel, Apartments and Lands He Bought for Self and Wife after Winning N755m Mega Jackpot

Man Shows off the Big Hotel, Apartments and Lands He Bought for Self and Wife after Winning N755m Mega Jackpot

  • Cosmas Korir received a phone call in 2018 informing him that he had won a mega jackpot worth KSh 208 million (N755,591,710)
  • He channelled the funds into worthwhile investments, purchasing apartments and pieces of land for himself
  • Cosmas also acquired a hotel for his wife and mother of their three children to empower her financially

Former parliamentary aspirant from West Pokot Cosmas Korir remembers with nostalgia the phone call from Sportpesa CEO Ronald Karauri that changed his life forever.

It was a call that very few people get in their lives; one informing him that he was the jackpot winner of a whopping KSh 208,733,619 (N755,591,710).

Man buys impressive apartments for himself, gifts wife hotel after emerging winner of N755m lottery
Cosmas Korir now owns several apartments, pieces of land, and a hotel. Screengrab from NTV.
Source: UGC

Speaking on NTV's Gamblers Paradise - The House Always Wins, Cosmas revealed that he was driving around Bomet when the good news came in.

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“I sat on the grass for a while. Even those who were around me kept asking whether or not it was true,” he said.

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According to him, the feelings were so overwhelming that even food did not taste the same that evening.

Spending spree

As soon as the money hit his account, Cosmas walked into a car bazaar and drove out in a Toyota Landcruiser V8.

“I got it at KSh 12 million (N43,438,620), cash money, and it serves me well to date. It has no loan,” he noted.

He admits that for a long while, he struggled with making the right decision over what he was going to do with the money.

Having grown up in a dilapidated house, Cosmas channelled some KSh 2 million (N7.2m) towards constructing a new permanent house in the village.

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Investments

As it happened, a friend informed him that there were apartments in Kitengela that were on sale for KSh 50 million (N180m), which he quickly purchased and became a landlord.

“From the following month, I started earning about KSh 400,000 (N1.4m) through rental income,” he expressed.

With the investment bug having bitten him, Cosmas went for a second apartment worth KSh 62 million (N224m), which started bringing in about KSh 500,000 (N1.8m) monthly.

Cosmas also bought a hotel for his wife Joyce in Eldoret town, something that empowered her financially, and he is currently putting up his own hotel on a 2-acre land he acquired.

Downsides

He reveals that the downside of the windfall is that he has become a busy man who is always traversing between Nairobi, Eldoret and Bomet to keep tabs on his investments.

"Most times I am away from my family and children, but I always ensure I create one day every week to spend with them," he underpinned.

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Cosmas also adds that he received so many calls from people who had become friends all of a sudden to an extend that he had to switch off his phone.

As much as that was meant to guard himself against trying to solve all the requests, which is not possible, it lost him some friends.

“If it wasn’t for the jackpot I wouldn’t be here, maybe I’d still be in Bomet,” concluded the father of three.

He also advised people to bet wisely and within their means, adding that he never spends more than KSh 500 (N1,809) on betting regardless of how much money it brings back.

Man who won N6m lottery in 1993 spotted working at a renovation site

Meanwhile, Legit.ng previously reported that a man who won N6m lottery in 1993 and doubled it to N6.3 billion.

The 48-year-old was pictured in Blackpool hauling cement on a wheelbarrow at a renovation site.

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After the hustle, he drove away in the black Land Rover Discovery, one of the high-end cars he bought after the huge windfall.

Karl was aged 23 when he won the sought-after lottery and invested the money in property, doubling it to £22 million (N12,780,871,400).

Source: Legit.ng

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Khadijah Thabit (Copyeditor) Khadijah Thabit is an editor with over 3 years of experience editing and managing contents such as articles, blogs, newsletters and social leads. She has a BA in English and Literary Studies from the University of Ibadan, Nigeria. Khadijah joined Legit.ng in September 2020 as a copyeditor and proofreader for the Human Interest, Current Affairs, Business, Sports and PR desks. As a grammar police, she develops her skills by reading novels and dictionaries. Email: khadeeejathabit@gmail.com

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Victor Duru (Editor) Victor Duru is a Reuters-trained award-winning journalist with over 4 years of working experience in the media industry. He holds a B.Sc in Management Studies from Imo State University, where he was a Students' Union Government Director of Information. Victor is a human interest editor, strategic content creator, freelancer and a Google-certified digital marketer. His work has been featured on US news media Faith It. He can be reached via victor.duru@corp.legit.ng

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