How exactly does the weekly lottery prize get calculated? I used to think it was a small percentage of all the wagers going on, so the more the site sees being wagered, the more the prizes grow for the lottery.
The 1st winner: 1/8 of value of total tickets.
The 2nd winner: 1/16 of value of total tickets.
The 3rd winner: 1/32 of value of total tickets,
...
...
...