Lottery FAQ
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Last updated
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If the tokens in the prize pools aren't won, they don't go to waste! Unclaimed tokens can be rolled over to the next Lottery round.
Tickets are only eligible for prizes if matching numbers from left to right. See the for a thorough explanation.
The lottery contract distributes prizes widely, it gives each ticket a 1 in 10 chance to match the first number, which means a lot of tickets will at least win a small prize. It also has 6 numbers that need to be matched sequentially to win the biggest prize.
Overall, this means a lot of tickets can win a prize, but the largest prize jackpot will be won less frequently, making for huge top prize pools!
The lottery contract specs are:
bulk ticket discounts
6-tiered prize pool brackets with increasing prize pools as more numbers are matched
manual number selection (optional), so users can use their lucky numbers
for true, secure randomness
Each lottery has its own distribution of its bracket's prize pool. The bracket's prize pool is a portion of the total tokens in each Lottery round. Lotteries can have multiple prize pools for multiple tokens; for instance, a lottery can have a FRET prize pool, a FHT and a FET. If that lottery's prize distribution is 2, 3, 5, 10, 20, 40 then the distribution of each of those prize pools to the winners will be:
First 1 number
2%
First 2 numbers
3%
First 3 numbers
5%
First 4 numbers
10%
First 5 numbers
20%
First 6 numbers
40%
No, once purchased you will not be able to get a refund back. You might be able to find someone to sell your tickets to on a secondary market assuming your lottery closed and the winning number has not yet been drawn.
Yes, you will need to click the Check Now button under "Are you a winner?" on the Lottery page.
Each lottery has its own schedule that should be available in its description.
Every ticket purchase you make will be one transaction. Purchasing a single ticket in a Lottery purchase will cost the normal amount of fees for a transaction.
However, buying more tickets in that purchase will increase the fee. Buying 100 tickets rather than 1 will not multiply the fee by 100, but may increase the fee amount by 5-6 times (though this varies).
The bulk discount rewards buying larger amounts of tickets with a scaling discount. If you're only buying 2 tickets, the discount is negligible but will add up quickly as you increase the number of tickets to buy in one transaction.
The discount only applies to each transaction of up to 100 tickets. The discount does not carry over to the next transaction or the next round.
You can only buy a maximum of 100 tickets in one purchase, but you can make multiple purchases. There's nothing to stop you from buying more tickets after your first 100.
Yes, each ticket is treated as a separate entry to the Lottery. Keep in mind that the prizes will not be 1:1 though, as each winning ticket you have dilutes each share of the bracket's total prizes.
When people buy tickets, the tokens they spend are added to the lottery pot. In addition, tokens can also be manually added (injected) to the lottery pot.
