Ninjastic
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Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery.
by
cryptosifu
on 23/09/2017, 00:26:57 UTC
Quote from: Sakiri4 on September 23, 2017, 12:00:33 AM
Quote from: tarzanbigcity on September 22, 2017, 11:55:16 PM
Quote from: cryptosifu on September 22, 2017, 08:27:18 PM
Quote from: recitestores on September 22, 2017, 07:20:28 PM
Quote from: cryptosifu on September 22, 2017, 05:32:17 PM
Quote from: Fraxinus on September 22, 2017, 07:40:23 AM
Quote from: MehdiBmm on September 22, 2017, 01:37:03 AM
Quote from: NightDream on September 22, 2017, 01:35:49 AM
And what is the maximum amount of winnings in this lottery?
2 324 000 000 USD (2.34 billion)  Wink

It is 7 000 000 ETH to be exact. so it all depends on the ETH price.

Where are these ETH from?  Is this a weekly lottery or just "one" big lottery?

95% of money raised during the upcoming ICO will be put into the Jackpot. It's like almost all of it, what shocked me at the beggining.

Maximum ICO cap is 200k ETH, so I am curious how the jackpot can be 7Million ETH.  
I'm also very interested in learning how this is possible
This amount is calculated in the long term. 95% of the ticket sold will go to the jackpot fund.

So it sounds like there will only be one big lottery and almost everything goes to the winner.  What happens after the lottery is over?  Is this project dead?