The Verband der Gewinnsparvereine e. V. serves as the central federation for Germany's regional "Gewinnsparverein" organizations, which are primarily associated with the cooperative banking sector (Volksbanken, Raiffeisenbanken, Sparda-Banken, and PSD Banken). The core service, known as "Gewinnsparen," is a unique financial product where participants purchase lottery tickets monthly. A portion of the ticket price is allocated to a savings account for the participant, another portion enters them into a lottery for cash and material prizes, and the remaining amount is donated to charitable, social, and cultural projects within the local community. The association's mission is to organize this state-licensed system, promoting the idea of "Saving, Helping, and Winning" and reinforcing the cooperative banks' commitment to regional development.

Founded in

Germany