To buy a ticket, you'll be promped to send 1 Ark + 0.1 fee to our wallet The total must be 1.1 Ark. You'll be given a smartbridge code, which you must paste into the wallet client when you're sending the transaction. This code is unique and it is matched with the number of the ticket you've chosen.
We'll use randomresult.com to pick the winner. We have scheduled it to run at 00:00 Eastern Time on December 26th. It will pick 20 random ticket numbers, just in case we don't sell all the tickets, and the first number it picks that has a matching purchased ticket will denote the winner. You can verify the drawings result here. This url has been permanently stored in the blockchain, so users can verify that it has not been changed.
Yes, we have sent 100 Ark to our friend Jarunik, a trusted community member, as collateral, which can be verified by this transaction ID. If we do not pay the winner their deserved prize, Jarunik will step up use the collateral.
The prize is the total ammount of Ark we collect by selling the lottery tickets. If all the tickets are sold, the prize will be 100 Ark, however if 50 tickers are sold, the prize will be 50 Ark.