Man who won GHC11.3m bet shows off impressive apartments, lands he bought
- Cosmas Korir received a phone call in 2018 informing him that he had won a mega jackpot worth GHC11.3m
- 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
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Former parliamentary aspirant from West Pokot Cosmas Korir remembers with nostalgia the phone call from Sportpesa CEO Ronald Karauri that changed his life forever.
Source: UGC
It was a call that very few people get in their lives; one informing him that he was the jackpot winner of a whopping GHC11.3m.
Speaking on NTV's Gamblers Paradise - The House Always Wins, Cosmas revealed that he was driving around Bomet when the good news came in.
“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 GHC625,000, 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 towards constructing a new permanent house in the village.
Investments
As it happened, a friend informed him that there were apartments in Kitengela that were on sale for GHC2.7million, which he quickly purchased and became a landlord.
“From the following month, I started earning about KSh 400,000 through rental income,” he expressed.
With the investment bug having bitten him, Cosmas went for a second apartment worth GHC3.2 million, which started bringing in about GHC27,000 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.
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 thanGHC27 on betting regardless of how much money it brings back.
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Edwin Lamptey Edwin’s goal is to drive YEN’s entertainment desk to become the go-to location for authentic entertainment news in Ghana and the reference point for viral foreign entertainment news. He will seek to entertain and say it as it is! He holds a degree in English, History and Religion and Human Values from the University of Cape Coast.
Aba Afful (Copyeditor) Maame Aba serves as a copy editor at YEN.com.gh. She naturally enjoys working with words and has an eye for quality content. She has a keen interest in cyberspace and wants to see YEN.com.gh produce more impactful, thought-provoking, and error-free content. Aba has five years of experience as a content writer, blogger, author, and proofreader. She graduated from the Ghana Institute of Journalism in 2017. She joined the team in 2021.
