REDEMPTION
  • REDEMPTION
    • Redemption Token (RDTN)
    • RDBN (Puttable Bonds)
    • Redemption Platform / dApps
    • Redemption DAO
  • How to Earn?
    • Redemption Bonds
      • Features
      • Redemption Bonds Prizes & Lucky Draw Periods
      • Bond Serial Number & Important Terms
      • Bonds Issuing, Locking & Lucky Draw Dates
      • How Do Redemption Bonds Work?
      • Why Redemption bonds?
      • Technical Specifications
        • Issuance of Redemption Bonds
        • Collateral Pool Management
        • Collateral Size Determination & Oracle
        • Management of Bonds
        • Redemption of Bonds
        • Prize Pool Calculation
        • Burning The Bonds
        • Redemption Bonds Workflows
    • Staking
      • Staking Pools Duration
      • Why Stake Redemption Tokens?
      • How To Earn With Staking?
    • Lottery
      • Lottery Pools & Probability to Win
      • Lottery Pool Value & Prize Distribution
      • How The Winning No Is Drawn?
      • How To Play The Lottery?
  • How to Get RDTN?
  • DAO
    • Functions of DAO
    • Guilds, Their Selection & Compensation
    • Why Participate in The DAO?
    • How DAO Voting Works
    • How Does DAO Treasury Work?
    • Funds Management With Multisig Wallets
    • Funds Allocation to Guilds
    • How To Vote?
  • Invest in Pre-IDO
    • Why Invest in Pre-IDO?
    • How to Buy Redemption Before IDO?
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  1. How to Earn?
  2. Lottery

Lottery Pool Value & Prize Distribution

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

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%

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

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Last updated 2 years ago

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