Jackpot
The mechanism

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.

3%
tax on every $JACKPOT transfer
Prize pool1.5%

Paid out every 20 minutes to a holder.

Treasury1.5%

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 wallet
    Holds the jackpot itself.
  • Treasury wallet
    Operations and liquidity.
  • Liquidity pairs
    DEX pool contracts.
  • Burn / dead address
    Permanently removed supply.
  • Token contract
    The $JACKPOT contract address.
  • Bridge & known contracts
    Non-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.

00:00

Snapshot

Balances are captured at each draw boundary.

Seed

Reveal

The pinned drand beacon value is published as the draw seed.

Pay

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.