A slice of cake topped with pomegranate seeds on a plate. A hand holds a coin above the cake. Candles and warm lighting in the background.

Vasilopita (Greek New Year’s Cake)

Prep
15 Minutes
Cook
40 Minutes
Total
55 Minutes
Servings
8 -10 slices

Vasilopita is a Greek cake that is prepared for New Year’s Day. This cake signifies good luck because it has a hidden coin or trinket baked right inside it. Whoever finds the coin in their slice is believed to have good luck for the coming year.

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Vasilopita is a Greek cake that is prepared for New Year’s Day. This cake signifies good luck because it has a hidden coin or trinket baked right inside it. Whoever finds the coin in their slice is believed to have good luck for the coming year. Outside of just the idea of being blessed with the hidden lucky coin, the flavor of Vasilopita is so good. It is slightly sweet, and flavored with citrus zest, and sometimes cloves or cinnamon.

A slice of cake with pomegranate seeds on top sits on a speckled plate. A hand is holding a one euro coin near the cake. A fork is on the plate with crumbs scattered around. Candles and a blurred background create a cozy atmosphere.

Why You’ll Love Vasilopita

  • Fun: This is such a fun tradition that you can start with your family every new year. I used to love doing this with my family as a kid and it’s so nostalgic for me.
  • Easy to Make: Vasilopita is so easy to make. It takes only about 15 minutes to prep, and then your oven does the rest of the work.
  • Traditional: This recipe is a traditional Greek recipe, but even if you’re not Greek, you can make it a new tradition in your household.
A hand holds a cake dusted with powdered sugar, featuring the numbers 2023 written with pomegranate seeds. A Christmas tree with lights is visible in the cozy living room background.

Ingredients

Orange juice and zest

This cake gets its orange flavor from both freshly squeezed juice and the zest of one orange. I like using freshly squeezed orange juice for the best flavor. Zest your orange before squeezing it so you aren’t trying to grate an already-squeezed orange!

You’ll need ½ cup plus 2 tablespoons of orange juice in total. Those are two parts of the same measurement, not two options to choose between. Measure the juice after squeezing rather than relying only on the number of oranges, since they won’t all give you the same amount.

Vanilla extract

Use pure vanilla extract for the vanilla flavor in this cake. The amount is 2 tablespoons, not 2 teaspoons. Orange and vanilla are both part of this Vasilopita’s flavor, so measure both before you start mixing.

Olive oil and butter

The batter uses ¾ cup of extra-virgin olive oil. The butter listed in the ingredients is for greasing the pan, not an additional fat to beat into the batter. You don’t need to cream butter and sugar together for this recipe; the mixing starts with the eggs and sugar.

A slice of yellow cake topped with powdered sugar and red berries on a ceramic plate. In the background, theres another slice, a block of butter, and a lit candle on a blurred table.

Baking tips for Vasilopita

Use the specified pan

This recipe calls for a 10-inch springform pan. Greasing the pan and lining the bottom with parchment helps you release the cake before decorating it. Keep the pan size in mind if you’re tempted to use a smaller one: the batter will sit deeper, and the same baking time may not apply.

Pay attention to the mixing stages

The eggs and sugar should look creamy and pale after beating, which takes about 1–2 minutes. Use whole eggs; there’s no separating eggs or whipping egg whites for this cake.

Once the liquids go in, switch to low speed. Keep that low speed when adding the dry ingredients, and stop once everything is well combined. The batter is wet, so don’t add extra flour just to make it look thicker.

Check the center before taking it out

The recipe’s baking range is 35–40 minutes at 350°F, but the center still needs to pass the toothpick test. Insert a toothpick into the center of the cake; it should come out clean. If it comes out with wet batter, keep baking and check again rather than taking the cake out just because the timer has finished.

The color of the top alone won’t tell you whether the center is baked. Use the toothpick check alongside the baking time, especially if your oven tends to run differently from the temperature you’ve set.

Leave time for cooling

Let the cake sit in its pan for 15 minutes before gently removing it to cool completely. That first rest is not the full cooling time. If you’re making Vasilopita for a gathering, allow time beyond the listed prep and bake time so you aren’t decorating a warm cake as guests arrive.

Adding the coin and decorating

For the hidden coin, follow the foil-wrapped method in the recipe card. Gently place the wrapped coin into the batter after pouring it into the pan, with the coin covered by batter. You don’t need to stir the whole cake mixture again to hide it.

Let everyone know there’s a coin inside before serving, and remove the coin and foil before anyone eats that piece. An adult should check children’s portions; coins are a choking hazard.

Once the cake is completely cool, dust the top with icing sugar and arrange the pomegranate seeds into the year you’re celebrating. The photos show examples from different years, so use them for the decorating idea rather than copying the numbers exactly.

Substitutions

For the closest match to this recipe, keep the flour, eggs, milk, and ingredient quantities as written. The options below let you change the oil, citrus, or finish without treating the whole recipe as interchangeable.

  • Oil: Vegetable oil or avocado oil can replace the olive oil. Keep the amount at ¾ cup, and expect the choice of oil to affect the flavor.
  • Orange juice: Bottled orange juice is an option if you don’t have freshly squeezed juice. Measure the same total amount: ½ cup plus 2 tablespoons. You’ll still need an orange for the zest if you’re following the main recipe.
  • Other citrus: You can use other citrus juices for a different flavor, or lemon zest in place of orange zest. These make a citrus variation rather than the same orange-flavored cake.
  • Topping: Icing is another way to finish the cake if you prefer it to the icing-sugar topping. Keep in mind that it changes the sweetness and the look of the finished cake, including the background for your pomegranate numbers.

How to serve Vasilopita

Cut the cake into 8–10 slices and serve it with coffee or tea. The orange and vanilla give you plenty of flavor without needing a separate sauce or filling.

For a New Year’s brunch, pair it with a Fresh Fruit Salad. A Cashew Cardamom Latte is another option if you want a warm drink alongside your slice. If you’re serving it as dessert, you can add a scoop of vanilla ice cream.

For another orange-flavored Greek bake, try my Portokalopita (Greek Orange Phyllo Cake).

How to store leftovers

Let the cake cool completely before putting it into an airtight container. The plain cake can be kept at room temperature for 3–4 days, so you can bake ahead and leave the icing sugar and pomegranate decoration until you’re ready to serve.

For longer storage, freeze the plain cake or leftover slices in an airtight freezer-safe container for up to 3 months. Freezing slices separately makes it easier to take out only what you need. Let them thaw before serving, then add the icing sugar and pomegranate seeds.

Common Questions

Can I use other citrus zest?

Orange zest is traditional, but you can also use lemon zest or a combination of citrus fruits.

Can I triple the recipe in one large pan?

Make the recipe three times and use three separate pans rather than putting all the batter into one large pan. A much larger cake isn’t covered by the baking time given here.

Can you make Vasilopita gluten-free?

The recipe below uses all-purpose flour. If you want to try a gluten-free version, choose a baking blend specifically intended as a 1:1 replacement for all-purpose flour in cakes and follow the manufacturer’s guidance. Gluten-free flours aren’t interchangeable, and the texture and baking time may differ.

Are there other variations of Vasilopita?

Yes! Some regions in Greece have their own unique variations of Vasilopita, such as adding nuts, raisins, or spices.

Vasilopita (Greek New Year’s Cake)

Vasilopita is a fun, traditional Greek cake made for New Year’s Day. Hide a coin in the batter for one lucky person to find for good luck going into the new year.
Prep Time 15 minutes
Cook Time 40 minutes
Total Time 55 minutes
Course Dessert
Cuisine Greek
Servings 8 -10 slices
Calories 419
Servings: 8 -10 slices

Watch the Video

Ingredients

  • Butter to grease the pan
  • 2 ½ tsp baking powder
  • 2 ½ cups all purpose Flour
  • ¾ tsp salt
  • 3 eggs
  • 1 ½ cups sugar
  • ¾ cup extra-virgin olive oil
  • ½ cup fresh squeezed orange juice, (about 2 large navel oranges)
  • 2 tbsp fresh squeezed orange juice
  • ½ cup whole milk
  • zest from one orange
  • 2 tbsp vanilla extract
  • 1 Coin – wrapped in tinfoil
  • icing sugar
  • ½ cup pomegranate seeds

Instructions 

Start Cooking
  1. Preheat the oven to 350F and grease a 10 inch spring form pan with butter. Line the bottom of the pan with parchment paper. Set aside.
  2. In a medium bowl whisk together the flour, baking powder and salt and set aside.
  3. In a large mixing bowl add the eggs and sugar and use a hand mixer to beat the eggs and sugar until creamy and pale in color, about 1-2 minutes.
  4. To the egg and sugar mixture add the olive oil, 1/2 cup + 2 tbsp orange juice, whole milk, orange zest and vanilla extract and mix together with the hand mixer on low speed to fully combine.
  5. Add the dry ingredients to the wet ingredients and mix on low speed until well combined.
  6. Pour the cake batter into the prepared cake pan and gently place the foil-wrapped coin into the batter. Smooth out the top of the cake batter and then bake for 35-40 minutes or until a toothpick inserted in the center of the cake comes out clean.
  7. Let the cake cool in the pan for 15 minutes before gently removing it from the pan to fully cool. Once cooled, sprinkle icing sugar over top of the whole cake and then use the pomegranate seeds to make the new year number (i.e. 2025, 2026 etc) on top of the icing sugar (see photos in the blog post).

Notes

Calories: 419kcalCarbohydrates: 57.7gProtein: 6.2gFat: 18.6gSaturated Fat: 2.9gPolyunsaturated Fat: 2.2gMonounsaturated Fat: 12.6gCholesterol: 57.9mgSodium: 205.9mgFiber: 0.9gSugar: 32.3g

What Did You Think?

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  1. Maria Panagopoulos
    01.04.26
    Was this helpful?

    5 stars
    This vasilopita was delicious! I was worried the olive oil would leave an aftertaste, but it didn’t! Light, delicious, and just the right amount of sweetness! I skipped the orange zest and the OJ was enough for the citrus tone! THANK YOU! Will repeat next year!

    1. Maria Koutsogiannis
      01.04.26
      Was this helpful?

      Wow, this makes me so happy, thank you hun!

  2. Margarita
    12.31.25
    Was this helpful?

    5 stars
    This recipe is the best I have ever tried!
    I made it this morning for today’s NY dessert & it was supurb! Even my husband who is very critical loved it!
    The cake was moist, not too sweet & flavoursome. It was cooked perfectly.
    Thank you so much, Kali Xronia ⭐️2️⃣0️⃣2️⃣6️⃣⭐️

    1. Maria Koutsogiannis
      01.01.26
      Was this helpful?

      thank you so much sweetie!! this means a lot to us!

  3. Mellina Zogaris
    03.27.25
    Was this helpful?

    5 stars
    Excellent. Not overly sweet. Super moist. Was my first time making it and everyone loved it. So happy to have found Maria’s recipes. I lost my Dad (who was Greek) a few years ago. He was an excellent cook and while he taught me a lot he didn’t have time to teach me it all. Maria’s recipes are authentic.

    1. Maria Koutsogiannis
      03.27.25
      Was this helpful?

      Wow, thank you so much hunnie. This means alot to me. Thank you so much. Your father is so freaking proud of you. I just know it.

  4. Becca Cousins
    02.02.25
    Was this helpful?

    5 stars
    Delicious! So moist and citrusy. The batter was very wet and I had to bake it for over an hour but I just put tinfoil on it so it didn’t burn. Served with lemon glaze. I would definitely make again!

    1. Maria Koutsogiannis
      02.02.25
      Was this helpful?

      Yes!! The we batter is what makes it so moist. I think it will depend on your oven but that’s a great note!

  5. Mairi or Maria
    01.14.25
    Was this helpful?

    Hi Maria
    will be trying out your recipe..
    also adding toasted chopped almond
    Will that change the mixture at all?

    Just a note
    I’m Greek Cypriot 🇨🇾and don’t think Greeks obnoxious although I realise it was most probably a pun!
    Best regards

    1. Maria Koutsogiannis
      01.14.25
      Was this helpful?

      It’s a part of the story… my family is pretty obnoxious <3 humour is a part of my personality, thanks for trying my recipe. keep me posted and come back with a star review.

  6. Lavrenti Kowalchuk
    01.12.25
    Was this helpful?

    Wonderful recipe! So easy to follow. My vasilopita came out moist and very tasty. Family absolutely loved it.
    PS; I have used a few other recipes that you have. Keep it up!! 👍

    1. Maria Koutsogiannis
      01.12.25
      Was this helpful?

      Thank you so much for the love!!! if you have time please leave me star reviews for the other recipes you’ve tried! you’re the best!

  7. Terpse Gentile
    01.06.25
    Was this helpful?

    5 stars
    I have you to admit, I was brought up Greek on both sides of the family, I was never a big fan of Vasilopita. My only thought was to be lucky enough to get the quarter and have good luck for the year! This year, I decided to make the Vasilopita and use your recipe. It was the one recipe not in my mother’s cookbook. I also sent it to my cousin to make. Let me tell you, it was easy to make and it amazing! The whole family loved it. My husband, son and daughter in law couldn’t say enough about it. I am adding it to my “family’ greek recipes. PS, I did not get the quarter this year! ☹️

    1. Maria Koutsogiannis
      01.06.25
      Was this helpful?

      Thank you so much for the love!! You are so sweet!! you will get the quarter next year but in my opinion your year will be filled with luck and blessings so matter what!!!

  8. Kelly Caine
    01.04.25
    Was this helpful?

    5 stars
    You are THE BEST Greek food person on Instagram. While everyone else has some goofy stichtk or are trying to be glamazons … you’re out there posting these incredible recopies, making sense, being normal, everything is clear and easy to follow. And — wait, best of all – all the recopies are great. I have tried so so so so many from other people and none ever turn out. Everything you post is perfect. Keep it coming, You are a star.

    1. Maria Koutsogiannis
      01.04.25
      Was this helpful?

      wow!! thank you so much, Kelly!!!!

  9. KC Kanakis
    01.03.25
    Was this helpful?

    Have been making vasilopita for the last 6+ years and this year was my first time trying Maria’s recipe! Will never use another one, it came out perfect! This is hands down my favorite cake and so fun to incorporate into our NYE traditions!

    1. Maria Koutsogiannis
      01.03.25
      Was this helpful?

      Thank you so much!!!!

  10. Sophia Kiafoulis
    01.02.25
    Was this helpful?

    5 stars
    If I could give this recipe more stars I would. I have tried different vasilopita recipes for some time and this recipe by far is the best. It was light and delicious. My entire family loved it. This will be one that I make for years to come. Happy New Year!

    1. Maria Koutsogiannis
      01.02.25
      Was this helpful?

      Thank you so much, Sophia!! you are so sweet!!!