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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  • Multiple Digit Lotteries (Highest Winning Chances)
  • High Probability to Win

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  1. How to Earn?
  2. Lottery

Lottery Pools & Probability to Win

Multiple Digit Lotteries (Highest Winning Chances)

Redemption offers a total of 5 different types of lottery pools. These include:

  • 1 Digit Prize Pool (Only 1 Winner with an overall probability of 1/10)

  • 2 Digit Prize Pool (Max 10 Winners with an overall probability of 10/100)

  • 3 Digit Prize Pool (Max 10 Winners with an overall probability of 10/1,000)

  • 4 Digit Prize Pool (Max 109 Winners with the overall probability of 109/10,000)

  • 5 Digit Prize Pool (Max 109 Winners with the overall probability of 109/100,000)

Each Pool can have multiple winners except the 1 Digit Match pool. Hence, the Redemption lottery has the highest chances of winning for any participant. Here are the details of all Lottery pools.

Reward Scale in Max Sale
Matching Numbers to win lottery's 1st Prize
Price per ticket
Lucky Draw Happens
No. of Lucky Draws Per Month
Max no of tickets that can be sold
Max Prize
Total Fee Collection

In Case

of Max

Sales

9 Times Investment

1

$100

Every Day

30-31

10

$900

$100

90 Times Investment

2

$50

Every Day

30-31

100

$4,500

$500

900 Times Investment

3

$20

Every Week

4

1,000

$18,000

$2,000

9000 Times Investment

4

$10

Every Fortnight

2

10,000

$90,000

$10,000

90000 Times Investment

5

$5

Every Fortnight

2

100,000

$450,000

$50,000

TOTAL

68-70

$563,400

$62,600

High Probability to Win

From single to 5 Digit match lotteries, multiple lottery pools with multiple winning prize brackets significantly increase your chances of winning a lottery. Here is your probability of winning in each Lottery pool.

Probability
To
Win

1 Digit Match

2 Digit Match

3 Digit Match

4 Digit Match

5 Digit Match

Overall Probability

1 Digit Pool

1/10

N/A

N/A

N/A

N/A

1/10

2 Digit Pool

9/100

1/100

N/A

N/A

N/A

10/100

3 Digit Pool

No Reward

9/1,000

1/1,000

N/A

N/A

10/1,000

4 Digit Pool

No Reward

99/10,000

9/10,000

1/10,000

N/A

109/10,000

5 Digit Pool

No Reward

No Reward

99/100,000

9/100,000

1/100,000

109/100,000

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Last updated 2 years ago

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