How Jackpot works
No tickets to buy, no forms to fill in. If you hold $JACKPOT, you’re in every draw automatically. Here’s the whole loop.
1. Every transfer feeds the pool
$JACKPOT carries a 3% tax on every transfer. It splits evenly: half into the prize-pool wallet, half into the treasury. There’s no separate ticket purchase — normal trading activity fills the jackpot on its own.
Paid out every 20 minutes to a holder.
Operations, liquidity, listings.
2. Everyone who holds is eligible
Your balance is your ticket count — one token, one ticket. Hold 1% of the eligible supply and you have roughly a 1% chance each draw. A short list of system wallets is excluded so the pool can only ever be won by real holders:
- Prize-pool walletHolds the jackpot itself.
- Treasury walletOperations and liquidity.
- Liquidity pairsDEX pool contracts.
- Burn / dead addressPermanently removed supply.
- Token contractThe $JACKPOT contract address.
- Bridge & known contractsNon-custodial system addresses.
The full, versioned exclusion list is published in the transparency docs.
3. A winner is drawn every 20 minutes
Every 20minutes, the engine takes a balance snapshot, removes excluded wallets, and draws one winner weighted by balance. The randomness comes from a public, pre-committed seed — a drand beacon round from the League of Entropy — so the result can’t be nudged and anyone can recompute it.
Snapshot
Balances are captured at each draw boundary.
Reveal
The pinned drand beacon value is published as the draw seed.
Payout
The prize is sent on-chain to the winner in the same minute.
4. Most of the pool pays out, some rolls over
Each draw, 80% of the pool is paid to the winner and 20% rolls into the next. The pool never empties, so momentum compounds through quiet spells and a fresh jackpot is always building. The exact split is a configurable policy and is shown live on the home page.
Want to verify a draw?
The transparency docs walk through the exact algorithm, the seed source, and how to recompute any winner yourself from public data.