The first Lottery platform ever in Solana: MILLIONSY Lottery V1 is officially LIVE now!
We all grew up with some form of lottery in our lives. In order to win a prize in any lottery, the player must first draw a set of numbers. However, the traditional lottery faces numerous issues, some of which can be easily solved by blockchain technology.
The fairness of the lottery is one of the fundamental difficulties that blockchain solves. A blockchain-based lottery is transparent in the whole process since all data about participants, draws, and winners is stored on the ledger and publicly verifiable. Furthermore, blockchain lotteries make the draws more democratic, allowing people from all around the world to participate, without borders or local restrictions.
What is the MILLIONSY Lottery V1?
The MILLIONSY Lottery V1 is the first Solana-based lottery platform ever. By transferring the Lottery to the blockchain platform, we want to reach international participants and give them the opportunity to establish the largest PRIZE POOL in history and really win it. More to that, when the cross-chain platform begins, MILLIONSY will allow you to own essential tickets for the specific chain you want.
Since MILLIONSY is built on Solana, we can offer unprecedented speed and extremely low gas fees.
For a Lottery that awards some of the biggest jackpots, the $2 tickets are definitely worth it — even 25x cheaper than the Ethereum fee! Playing MILLIONSY lottery, winners could be rewarded with millionaire-making jackpots at every draw.
How to play?
1. Buy Tickets
If you’re new to lotteries or simply want to check your lucky-guy, we have some great news for you: A MILLIONSY ticket costs only 2$ and can be bought with the equal amount of $SOL token. All you need to do is connect your wallet and then you just surely know what to do next.
2. Pick your number
When you buy your ticket, freely choose 6 different numbers from 1 to 45, the order does not matter. The more numbers you match, the larger the prize pool you’ll share in. You can choose your numbers by yourself or you can let the machine draw your numbers for you at random.
In fact, even if you already win the lottery, you still have the same odds of winning the next drawing as anyone else who buys a ticket dud.
3. Wait for the Draw
Winners are drawn everyday at 11am UTC.
How Drawing Works?
Players must accurately match all six numbers to HIT THE JACKPOT.
There’s no assurance that every drawing will result in a jackpot. The prize rolls over to the next drawing if no one correctly chooses all six winning numbers (and again, the order does not matter).
As jackpot values rise, more individuals buy tickets, resulting in a higher percentage of winning tickets being sold. It becomes almost impossible for a drawing to take place without a winner at some point.
4. Check for Prizes
You’ve double-checked the winning numbers and realized you’ve got a winning ticket! There’s nothing quite like the thrill of a victory. You want to savor it, but you also want to make sure you don’t miss a step in the lottery prize claim procedure. No worries. Since you have a winning ticket, you will get instant access to your reward after the draw. The money will go right into your wallet, and you don’t have to do anything to make a claim.
Here’s what you need to win
To win the jackpot, all six numbers on your ticket must match the winning numbers. There are a total of four ways to win a prize. The holder of a winning Ticket can win in only one prize and shall be paid the highest prize won.
Match 6 numbers = Jackpot. Or just match at least 3 to win a SHARED PRIZE.
- Match 3 first number: Shared Prize Match 3
- Match 4 first number: Shared Prize Match 4
- Match 5 first number: Shared Prize Match 5
Prize Funds
MILLIONSY offers one jackpot, which increases every time that no winning jackpot ticket is sold. When more tickets are purchased, the jackpot grows until one successful player wins it all. If the jackpot is won, it resets itself to a set initial amount that then increases with every play.
The first round #1
For everyone gets a chance to possess MILLI tokens, in the first round the prize starts with 500,000 MILLI. This means the total prize of the first round without SOL is already 500,000 MILLI tokens.
These MILLI tokens are only distributed to the winner when someone hits the jackpot. Otherwise they just received the SOL pool.
Please note that at the time of the first round, MILLI have not been listed on any market! So come and get your golden chance if you have not got any chance to win the MILLIONSY presale.
FAQ
What wallet MILLIONSY Lottery supported?
We are currently supporting Sollet and Phantom to buy the tickets.
Do the Numbers Have to Be In the Right Order to Win?
No. You only need to match at least 3 numbers to win a prize and match all 6 numbers to hit the jackpot.
What if there are no winners?
When a lottery jackpot isn’t hit by anyone, the PRIZE POOL in the next round will increase. Hence, the fund keeps rising until someone hits the jackpot.
Can I swap my tickets back to $SOL?
No, once purchased you will not be able to convert your ticket back to $SOL or $MILLI.
If I win, do I need to manually claim the PRIZE
The PRIZE is automatically sent to your wallet if you are the winner.
How often is the Lottery?
Each full Lottery session will run for 24 hours.
What transaction fee will I pay for buying tickets?
Every ticket purchase you make will be one transaction. Purchasing a single ticket in a Lottery purchase will cost the normal amount of fees for a transaction (~0,00001$ in $SOL).
Why can I only buy 5 tickets?
You can buy more than 5 tickets, but you can only buy up to 5 in each purchase because of Solana’s contract. There nothing to stop you buying more tickets after your first 5.
If I manually create two or more tickets with the same numbers and they win, am I eligible for prizes for each ticket?
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.
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