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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