MyCryptoJackpot is a Bitcoin and Community based lottery or raffle game.
We support a customer-friendly, simple and above all honest gambling service, which is accessible to everyone.
We have developed an ecosystem that has a great community spirit in the background.
Using our chat feature, each player can communicate with the entire community of MyCryptoJackpot.
We run a simple and fair wallet system. Profits, deposits and chargebacks can be withdrawn from the balance at any time. Our most special feature is the fact that every ticket is a winner ticket.
Still some questions? Read our FAQ.
How is that supposed to work?
Ordinary Lottery is explained quickly:
There are few winners and many losers.
MyCryptoJackpot works completely different:
The draws are filled and ticket sales are active until a countdown timer expires. As soon as all tickets of a draw have been sold, the draw will take place on the same day at 21:00 (UTC) if the last ticket was sold before 15:00 (UTC). Otherwise the draw will take place on the next day at 21:00 (UTC)
Within one draw there is a single jackpot winner who expects a big profit.
Immediately following, the second winning group is drawn, which shares a jackpot amount between a few players. Finally, the third winner group will be drawn. This is a slightly larger group that still gets a good profit. Last but not least the remaining pot is distributed to all players who were not drawn in the first 3 winning groups. So everyone gets a part of the cake and nobody is left empty-handed. Every ticket wins!
Why is MyCryptoJackpot only using cryptocurrencies?
Cryptocurrencies guarantee the user a certain degree of speed, simplicity and above all anonymity. It is the ticket to a world in which no state regulation is necessary. This means that most of the revenue is not delivered to large corporations, collection points, banks or other institutions, but is distributed to the customer. This allows us to increase profits and enjoy playing.
The odds of winning at MyCryptoJackpot is 100,000 times higher than winning a regular lottery over $1,000.
The advantage for you is divided into several factors at MyCryptoJackpot.
We are regularly expanding our range of games and working to continuously improve our concept.
Here we will list all the benefits for you at MyCryptoJackpot.
Below you are provided with some questions you may like us to ask.
As already said, all ticket sales are collected.
There are 3 draws for 3 different ticket prices.
The higher the ticket price, the higher the profit
For each draw, there is a predetermined period in which the drawing can be filled.
If not all ticket have been sold by the end of the period, the ticket price will be refunded to your balance.
With this new tickets can be bought for the next draw.
Any number of tickets can be purchased.
If the draw was sold out, the winners will be drawn by a reliable random principle.
The exact listing of the cost distribution can be found here.
As soon as all available tickets have been sold, the draw will take place on the same day at 21:00 (UTC) if the last ticket was sold before 15:00 (UTC). Otherwise the draw will take place on the next day at 21:00 (UTC). If not all tickets have been sold by the end of the countdown timer, no draw will take place and all purchased tickets will be released. The value of the tickets will be refunded to the buyers wallets.
Once a draw has been completed, start the next draw. There is no limit to the number of draws.
By making a profit on every ticket. If all grand prize winners have been paid out, the balance will be split on all "rivets". It may be that the total ticket price is not recovered. Nevertheless, it always remains a consolation prize.
After all tickets have been sold and assigned to a user, the tickets are drawn by a proven random principle until the jackpot ticket is called.
Once this has been drawn, all remaining tickets will also be paid out.
By nationalizing Lotto or other public gambling, most of the collected money goes to the state, tax, public or large corporations. By using the blockchain technology every ticket can be a winner, anonymity is guaranteed and much more winnings can be paid out to the users.
MyCryptoJackpot uses a provably fair cryptographic system which means you don’t have to trust us blindly, each draw is cryptographically fair and can be verified to be manipulation free.
At the start of ticket sales we generate a Server Seed which is not disclosed until the draw is finished. Among others, the Server Seed is used for the draw and determines which ticket wins.
To verify the truth of the Server Seed we publish the Hashed Server Seed which cannot be used to restore the Server Seed. You can compare them after the draw and ensure that the draw was fair.
This states that nobody influenced the draw and changed the Server Seed. But what about us? We know the Server Seed!
To prevent the results prediction from our side we use random numbers based on the future Client Seed. As ticket sales are stopped we take the number of the current block of the Bitcoin blockchain (Stop Block) and define a Target Block (Start Block + 1) whose hash will be used as Client Seed.
As the Target Block is mined we take the hash, use it as Client Seed and start the lottery draw. The average time to mine a new block in the bitcoin network is approximately 10 minutes. That's how long you approximately wait until the result is known and the live draw begins.
The maximum number of tickets that can be sold is limited to 1 million. To generate a lottery number between 1 and 1,000,000 we combine the lottery's Server Seed, Client Seed and a Nonce value (random number from 1 to 100):
combination = Server Seed + Client Seed + Nonce
Then, we calculate a SHA-512 hash of that combination. That gives us a 128 character hex string:
hash = SHA512(combination)
We then take the first 5 characters of that hash and convert them to a decimal number ranging from 0 to 1048575 (16 ^ 5 - 1). If it is less than 1 million, we divide it by the amount of available tickets and use it as outcome. Otherwise, we repeat that procedure and use the next five characters.
We are able to repeat the process up to 25 times.
In the very rare case ((48575 / 1,000,000) ^ 25) that none of the 25 trials are lower than 1 million when converted to decimal, we use the remaining 3 characters and convert them to a number.
Then we increment the Nonce value and repeat from the beginning for the next number.
In case if the number has been already drawn we skip it and continue the draw.
After the draw is finished all the data (Server Seed, Client Seed, Stop Block, Target Block and Nonce value) will be published and you can examine the result of the draw by using our online verifier.
We guarantee a 100% fair, random and regulated process. Try your luck today and get your golden ticket now with MyCryptoJackpot.