# Lottery

One of the key aims of the Lottery Pig project is to create a sustainable self-feeding ecosystem. To this aim, we have created a separate but complementary lottery which feeds profits back into the Lottery Pig Miner.&#x20;

#### 📝 Guaranteed Payouts

The initial lottery pool has been kick-started with **10BNB** seeded by the **Lottery Pig team**.

#### 🎫 Lottonomics

Lotteries draws twice daily, at **06:00 UTC and 18:00 UTC**.

Guaranteed winner for every lottery executed, with the winner taking the whole prize poo&#x6C;**, guaranteed at 10 BNB minimum.**

The taxes from the lottery will be distributed as follows:&#x20;

* **25%** feeding the TVL of the Lottery Pig miner&#x20;
* **5%** dev fee

Barrier for entry to the lottery is low, at only **0.01 BNB per ticket**, e.g. 1 BNB buys 100 tickets. This amount was chosen to be as small as possible whilst still keeping gas fees affordable.

#### 💰 Buy Tickets Directly with Miner Rewards

Investors in the Lottery Pig Miner can seamlessly use their accumulated rewards to purchase lottery tickets.&#x20;

These purchases can be made **at any time** the rewards are sufficient to buy tickets!

Instead of having to wait for the next week to receive their BNB payout from the Lottery Pig miner, investors can **immediately** buy tickets using their currently accumulated rewards to go large!

#### ♻️ Sustainable Ecosystem

This distribution of lottery profits into the miner is fundamental to **maintain long-term stability** of the project. To enable it to continue to **boost the TVL** of the miner, a minimum sustainable threshold of tickets bought has to be activated to trigger the next lottery.

This ensures that each and every lottery held will be **bigger, better and more profitable** than the last, boosting return for lottery buyers, investors in the miner and for the ecosystem as a whole.

For example before the first lottery closes, the **pot size in ticket sales and tax received from the miner most be equal to or greater than 10 BNB.** This guarantees that **no lottery will ever be smaller than 10 BNB**. With miner TVL growth the lottery will also grow - with or without ticket purchases -incentivizing early buy-ins into the lottery.

**💵 Huge Bonus on Miner Investment**

Lottery winners can choose to receive their winnings in BNB directly to their wallet, or roll it over into the Lottery Pig Miner for a **100% bonus on miners.**

This re-cycling of the value in both systems even further facilitates the long-term, guaranteed growth of the Lottery Pig project as a whole.
