Prizes
Overview
To win a prize, a ticket must match a minimum of 3 numbers out of the 7 numbers drawn. Depending on the number of numbers matched, the following prizes (plus bonuses when available) are given out:
Match 7 (Jackpot Prize)
Initial Prize Pot / 3.33 USDC shared
Match 6
1,500 USDC per ticket
Match 5
75 USDC per ticket
Match 4
5 USDC per ticket
Match 3
1.5 USDC per ticket
Jackpot Prize
A Jackpot Prize is won when all 7 numbers on the ticket match all 7 winning numbers drawn from the lottery. If there are multiple winners of the Jackpot in a single draw, the prizes will be evenly shared between the number of winning tickets. No other prizes are given for the round where a Jackpot is won.
The Jackpot (Match 7) Prize will be dynamically decided based on the initial sales proceeds going into the Prize Pot:
For example, if the Initial Prize Pot is 6,000,000 USDC, then the Jackpot Prize will be 1,800,000 USDC.
Non-Jackpot Prize
A Non-Jackpot Prize is won when numbers on the ticket match 3 or 4 or 5 or 6 winning numbers drawn from the lottery, except for when a Jackpot is won.
Non-Jackpot Prizes are fixed as follows:
Match 6
1,500 USDC per ticket
Match 5
75 USDC per ticket
Match 4
5 USDC per ticket
Match 3
1.5 USDC per ticket
Claiming Prizes
Winning tickets have a one-year deadline from the draw time to claim their prize by redeeming the winning NFT ticket.
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