# Lottery

Lottery is a very interesting application, users can make very large profits at very low cost, and this return can reach an astonishing 990 times, yes you heard that right.&#x20;

It helps us increase traffic to our website and is an effective means for us to burn REC.

### Lottery Mechanism

#### There are currently three prizes in the lottery

> 99 REC Bonus: When the total number of lottery tickets purchased reaches 110, the lottery will be drawn immediately&#x20;
>
> 495 REC Bonus: When the total number of lottery tickets purchased reaches 550, the lottery will be drawn immediately&#x20;
>
> 990 REC Bonus: When the total number of lottery tickets purchased reaches 1100, the lottery will be drawn immediately

**Users can buy a lottery ticket with a REC and get a random number. When the lottery number matches your number, you will get the corresponding reward. Of course, you can also buy more lottery numbers to increase your odds of winning.**

You will find a rule that the lottery prize is 90% of the total lottery purchase, so how is the other 10% distributed?

* Burn: 5%
* Prize Pool: 1.8%
* Sharing reward: 1.4%&#x20;
* Node reward: 1.2%&#x20;
* Development & Maintenance: 0.3%&#x20;
* Staking reward: 0.3%&#x20;

## **Specifics:**

* Lottery ticket cost for 1 ticket: 1 REC token.
* Individual user Lottery entry limit: No overall limit.
* Paying for one ticket will give users a random combination with each digit being between 0-9, for e.g. “0198”. Match the lottery numbers to win prizes.
* Lotteries use random draws for true fairness.

## Prize Pool

The prize pool is another reward for lottery participants. Assuming that a total of 1 million lottery tickets are sold today, 18,000 REC tokens will enter the prize pool, and the prize pool will accumulate once a day.

We will rank according to the number of lottery tickets purchased by users that day

> The first place will receive 50% of the prize pool
>
> The second place will receive 20% of the prize pool
>
> The third place will receive 9% of the prize pool
>
> The fourth-tenth place will receive 3% of the prize pool
