Introduction of Big Lottery
Basic Rules
VIPGAME platform regularly holds Big Lottery with rich prize pool every month. Players can get platform points (VIPT) by betting. Before the end of the month, players can exchange VIPT for lottery tickets to participate in Big Lottery. After the Big Lottery is drawn, the bonus will be automatically distributed to the winners’ game accounts.
Big Lottery is a bonus that rewards players, players do not need to pay any additional fees. For the specific content of Big Lottery, please refer to the notice on the event page, https://vipgame.io/bigLottery, and from the official telegram channel, https://t.me/VIPGameNews.
Platform Point-VIPT
VIPT is the platform point of VIPGAME, currently, VIPT can only be exchanged for lottery tickets of the current Big Lottery. VIPT cannot be deposited, withdrawn, bet or coindrop.
Players will get 1 * House Edge of the game/1% VIPT for every dollar bet on any game on the platform. When a game is over, the system will automatically issue the corresponding amount of VIPT. Players can view their current VIPT in “My VIPT” in the upper right corner and Big Lottery interface, the fractional part will not be displayed.
All VIPT issued in the current month will expire at the end of the month, please use them in time.
Draw time and Prize pool
There are usually three consecutive Big Lottery for one month, the draw times are 24:00-UTC on the 10th, 20th and, end of each month. According to operational needs, except at the end of the month, the draw time on the 10th and 20th of each month may be adjusted or cancelled.
The prize pool of Big Lottery consists of two parts: fixed prize pool and floating prize pool. For the Big Lottery whose draw time is the 10th or 20th of each month, the fixed prize pool is $1000, while for the Big Lottery whose draw time is the end of the month, the fixed prize pool is $2000. The platform will adjust the amount of the fixed prize pool according to operational needs. But once the fixed prize pool has been announced, it will not be reduced. For the floating prize pool, 3% of the profit of the platform in lottery exchange period will be added to the prize pool, if the profit is below zero, the floating prize pool will be zero. The website will update the latest prize pool amount in time.
There are three awards in Big Lottery, the winner of the first prize will receive 60% of the prize pool, the winner of the second prize will receive 30% of the prize pool, and the winner of the third prize will receive 10% of the prize pool.
Big Lottery Process
1) Lottery exchange period:
After the last Big Lottery draw, the platform will then announce the specific information of the current Big Lottery, including the draw time and fixed prize pool. If players want to participate in the current Big lottery, they can exchange their VIPT for the lottery tickets before the lottery draw. If players want to participate in the next Big Lottery, they should wait for the next Big Lottery to start exchange and keep their VIPT because once VIPT has been exchanged for lottery tickets, they cannot be converted back to VIPT.
After players exchange VIPT for lottery tickets, the system will automatically assign consecutive lottery numbers to ensure each lottery number is unique, the first lottery ticket is No.0. Players can exchange any number of VIPT for lottery tickets at any time until the total lottery tickets exchanged by all the players reach the upper limit - 1 billion. In the Big Lottery interface of the website, players can check the specific numbers of lottery tickets. The website will update the total lottery tickets in time.
As VIPT will expire at the end of the month, in the last days of the month we strongly recommend players exchange their VIPT to participate in the last Big Lottery.
2) Draw and Prize Distribution
After the draw time is reached, the lottery will be drawn instantly and the winners will be announced on the website and official telegram channel. The bonus will be automatically distributed to the winners’ game account according to the currency the winner set in “Settings”. Players can view historical draw records and their own winning records.
How the lucky number is generated?
The three lucky numbers for each Big Lottery are the remainders of the three large numbers generated by the website divided by the total number of lotteries for the current Big Lottery. The three large numbers are all between 1 quadrillion and 10 quadrillions, which are generated with the start of the current Big Lottery and use RSA asymmetric encryption. The large numbers merged together are signed by the server's Private Key (non-public) and a string of hexadecimal digits(hash value) is generated and presented to the player with the Public Key to verify on the website. After the current Big Lottery ends, the next three large numbers and the corresponding hash value of the next Big Lottery will be automatically generated, players can verify the consistency of the large numbers and the hash value through the Public Key and hash value announced in advance and also the remainders of the large numbers divided by the total number of lottery tickets.
A single lottery ticket may win multiple prizes at the same time, although the probability is extremely small.
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