If you win Ksh 1 million from betting, don’t waste the money—there is a way you can invest and generate wealth. Below we are going to provide ways in which you can invest the million and say goodbye to poverty.
Start a profitable business
Identify a profitable business to start and inject your money there. With ksh 1 million,you will start the following businesses in Kenya:
| NAME OF BUSINESS | CAPITAL | MONTHLY PROFIT |
| Airbnb | Ksh 1 million | Ksh 50,000 to Ksh150,000 |
| Water refilling business | Ksh 1 million | Ksh 50,000 to Ksh100,000 |
| Chemist | Ksh1 million | Ksh50,000 to Ksh150,000 |
| Sell electrical appliances | Ksh 400,000 to Ksh1 million | Over 30,000 |
| Sell smartphones | Ksh 500,000 to Ksh1 million | Over Ksh40,000 |
| Hotel business | Ksh 1million | Over Ksh1 million |
| Farming | Ksh100,000 to Ksh1 million | Over Ksh 20,000 |
| Online taxi business | Ksh 1 million | Ksh40,000 and above |
| Car Wash | Ksh 300,000 and above | Ksh30,000 and above |
| Boda boda spare parts business | Ksh1 million | Ksh 50,000 and above |
Build rental houses
Build single rooms and bedsitters if you have land. Ksh1 million can build up to 8 single rooms. You will be collecting at least Ksh20,000 monthly rent.
Invest in Money market Fund
Identify a good Money Market Fund and invest all your money there before you plan on what to do with it. Ksh1 million will yield a profit of Ksh 10,000 to Ksh18,000 per month. The interest on your money will be 13% to 185 per year.
Invest in Cryptocurrency
You can invest Ksh500,000 in Cryptocurrency and earn up to Ksh100,000 per month. The other half should be invested in business.
Build a house at home
If you don’t have a house at home,Ksh 1 million is enough to build a 2 bedroom house. This is the best way to make use of your winnings.
Buy shares in a Sacco
If you buy shares in a local sacco, Ksh1,000,000 will yield dividends worth Ksh 130,000 to Ksh200,000 per year.
Fixed Deposit Account
You can also put the money in a Fixed Deposit Account. Here you will earn interest of up to 12% per year. It’s safer to save your money in fixed Deposit account than buying of shares.
Invest in bonds
You can also invest in government bonds and make over Ksh 500,000 in 3 years.
