Lottery FAQ
This page provides information on common issues you may encounter while playing the lottery game.
Q: what is the source of the winning numbers?
The winning numbers are sourced from Chainlink VRF, as well as the block hash value from the Binance blockchain the Tron blockchain or the Ethereum blockchain. These sources of randomness are considered to be fair and random, ensuring the credibility of the lottery numbers.
Q:What is the block height hash value?
In blockchain technology, hash values are random. This means that the hash value generated using the same input data should be both random and unpredictable. This is achieved by using cryptographic hash algorithms like SHA-256 or SHA-3. The blockchain also uses these algorithms to ensure the randomness of its hash values. If hash functions are not random, hackers can potentially generate the same hash value by guessing, which can lead to tampering with blockchain data. Therefore, randomness is a crucial and necessary aspect in blockchain technology to ensure security and immutability
Q:How to choose the cost of each game?
Cost per play = Numbers X Wager X multiplier (Example: 2 numbers X $1 per number X 2 multiplier = $4)
Numbers : This refers to the number of number combinations you choose to play.
Wager: You can choose $1, $0.1, or $0.01.
Multiplier: You can choose to bet a multiplier from 1 to 10,000 times.
Q:How are lottery Payout calculated ?
Payout = Bet Amount × Payout Ratio × (1 - Treasury Fee)
For example, in the Any1 gameplay, you select the #3 position and choose the numbers 12345 as your betting number. Each number has the same chance of winning, which is 1/10. Therefore, your payout ratio are 10/5 = 2.
If the round ends with a 73542 result, if your Bet Amount 10 USDT, you will get a payout of (10*2) × (1-0.022) = 19.56USDT. Your profit is 9.56 USDT (19.56 - 10).
The treasury fee is currently set at 2%: this is subject to change and will be announced on Popular's official communication channels. The treasury fee is used for repurchase and pledge dividend distribution, ecological expansion
Q:What is payout ratio?
The payout ratio refers to the ratio of a player's winnings to their bet amount in a lottery game. The calculation method for the payout ratio is to divide (the current game's odds) by (the number of selected number combinations). Therefore, the payout ratio may vary depending on the player's choices.
Q:What is the treasury fee?
If you win a lottery, you need to pay 2.2% of the winning amount as a treasury fee. If you don't win a lottery, there is no fee.
Q:Can I change or delete my plan?
Can't. Once you confirm your plan, you cannot change or delete your plan. It's locked, so make sure you're 100% happy with your plan before confirming.
Q:Does the lottery have a maximum winnings limit?
Payout ratio is greater than or equal to 100, the maximum prize is $1,000.
Payout ratio is less than 100, the maximum prize is $5,000.
Maximum profit may change over time. "Popular" will issue an announcement at that time.
Q:Why do different lotteries have different drawing and sales cutoff times?
This is because the generation time of block hash values in blockchain is different for different lotteries. To ensure fast settlement and improve user experience, the cutoff time for ticket sales is adjusted accordingly.
Q: What is the difference between Straight and Box?
ou select a Straight play, the numbers drawn must match your selected numbers in the exact order. A Box play means the numbers drawn can match your selected numbers in any order. Straight carries higher prizes than Box because there is only one way to win Straight and several ways to win Box.
Q:How is Straight① different from Straight②?
Straight① allows the user to select numbers from a pre-determined set of options, while Straight② allows the user to manually input any combination of numbers. The bonus and winning rules are the same for both interfaces, so the only difference is in the method of selecting the numbers.
Q:When will a lottery not be drawn?
In case no block is produced until the sales period ends for the next draw, the draw will be canceled, and the user's funds will be refunded.
Q:When are lottery prizes disbursed?
After the draw, the winning information will be submitted to the blockchain. The prize will be automatically sent to your wallet address. You can check the details through the wallet application and transaction records.
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