Welcome to the Reddcoin lottery! It’s the first of its kind and it’s another chance to experiment with Reddcoin and potentially earn more RDD from that! The raffle is intended to be a fun way to play with Reddcoin! Please do not bet with more than you can afford to bet with!
How it will work:
10 RDD will buy one ‘ticket’ in the raffle.
The tickets start at 1 and go up to the highest number needed (ensuring a winner each time). So, if you paid 50 RDD, you would own tickets 1-5. Any amount less than 10 RDD will be ignored, but not returned.
The raffle will be drawn on the last day of every month, using random.org to generate the ticket.
The lottery will take a 5% cut of the money put into it before the payout, to promote the event in future months.
The remaining 95% will be sent to the winning ticket’s address.
The lottery will then start again at the beginning of the next month.
The address for the lottery is: RcD5CzGVsPrP8yLCMhW4C9nWPD2rHSRwit
Trespasin_minds That’s true… The way I see it working is by people paying in as much/little as they want (in increments of 10RDD), with 10RDD being one ticket… At the end of the month, I would then draw a number at random and the address who has that number (they are chosen in order, so if someone paid 10RDD, they would have ticket #1, then if another person paid in 70RDD, they would have 2,3,4,5,6,7&8) would win and I would send the winnings to them and a new round would start the beginning of the next month.
stephan93 So far, one person has bought a ticket, so so far, they’re winning! The more people, the merrier
This is a fantastic idea and gets people actually sending and using their redd. I think this lottery needs to be put onto our reddit page it will gain much more exposure! With the OPs permission i can post and help promote this? I also will be taking part