Lottery Pool Value & Prize Distribution
Last updated
Last updated
The amount of tokens collected through lottery tickets in a given lottery is managed as follows:
10% goes to the fees for ecosystem development.
90% of the collected value is the eligible distribution prize, which will be divided among the different winning brackets as follows:
Pool Type | 1 Digit Match Winner | 2 Digit Match Winner | 3 Digit Match Winner | 4 Digit Match Winner | 5 Digit Match Winner |
---|---|---|---|---|---|
If in case, a lottery round is not won by any participant, some portion of the prize money is carried forward to the next round and the rest is collected as a dividend for the token holders. The distribution of this prize money is utilized as under:
50% of the un-won round’s prize amount is carried forward to the next pool
25% of the un-won round’s prize amount is shared as a dividend with all eligible token holders.
20% of the un-won round’s prize amount is moved into the Redemption Bonds Prize Pool.
5% of the un-won round’s prize amount will be used for Token Burn
1 Digit Pool
100%
N/A
N/A
N/A
N/A
2 Digit Pool
30%
70%
N/A
N/A
N/A
3 Digit Pool
0%
30%
70%
N/A
N/A
4 Digit Pool
0%
10%
20%
70%
N/A
5 Digit Pool
0%
0%
10%
20%
70%