Splitting the bill when dining out with the girls or collectively pitching in to make a purchase can make for a stressful experience, especially if the girl math isn’t mathing. (We’ve all been there.) In fact, a recent Cash App survey showed that over half of Gen Z (58%) actually feels anxious when asked to go in on a group purchase — and 61% find the whole process of collecting money for a shared cost to be a nightmare. That’s why, on July 29, CashApp launched pools, a feature that allows users to easily collect money from friends for shared expenses. And now, to celebrate the launch, Cash App is doing a surprise giveaway to random pools users, totaling $1 million.Â
Today through Oct. 17, Cash App customers who start a pool will be entered into the giveaway. And starting Oct. 3, selected winners will be surprised every Friday with a cash prize of $100 that’s deposited into their pool. Since Cash App is giving away a total of $1 million, that means there are 10,000 chances to get some extra money. Here’s how to get in on the action and turn your next outing into an absolute win:
- Visit CashApp’s official sweepstakes page and scan the QR code to enter.
- Start a pool on CashApp by Oct. 17 and set a goal of at least $25.
- Invite five or more people to chip in and reach the $25 minimum.
- Make sure to keep the pool open, even after it reaches its final goal.
- Congrats! You’re officially entered to win every Friday through Oct. 24.
How Does Cash App Pools Work?
If you haven’t tried pools yet, here’s the breakdown. Pools allows an organizer to create a temporary digital pot that collects money for a shared goal. That could be anything — a group gift, a shared vacation, or just anything that requires people to share a cost. People can join a pool via their $Cashtag or a shared link — and yes, it does accept payments from Apple Pay or Google Pay. Once the shared money goal is reached, the organizer can close the pool and instantly transfer that collected money to their CashApp balance for spending.
Since this giveaway is only running for a few weeks, there’s no time to waste! Don’t let your next group dinner, group trip, or roommate gift turn into a stressful financial headache — or miss out on the chance to have $100 added to your group’s collective pot. Head over to the official sweepstakes page, scan the QR code to opt in, and get your friends to chip in on your first pool. This is your sign to finally stop stressing about group payments and start manifesting that major cash upgrade.Â