No Loss Lottery Winners Announcement Week #55 June 12th, 2022!

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No Loss Lottery Winners on June 12th, 2022!

This is week 55!!!

  • I am happy to announce the winners for week #55 on June 12th, 2022!

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Lottery Prizes for Week 55 !!

First Prize:50 Leo which goes to #2934 who is @tandara

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Second Prize is 25 Leo which goes to #60 who is @mccoy02

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Third Prize is 24 Leo which goes to #1698 who is @jc1991gsf

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Congratulations to the winners!

First place: @tandara
Second place: @mccoy02
Third place: @jc1991gsf

The prizes were already sent out via wallet transfer and a screen shot is below:

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The Prize Money is derived from ticket purchase, which is invested in Cubfinance.

This weeks total liquidity pool earnings on Cubfinance Cub-BUSD pool was 199 Cub, which swaps for 110Leo ! 😀 When we subtract the lottery admin fee of 10%; 110-11 = 99 Leo in prizes. The prize allocation: 1st prize 50 Leo/ 2nd prize 25 Leo/ and 3rd prize 24 Leo.

How is the Winner Determined?

Each ticket is assigned a number in a ledger, and then a random number generator is used to generate numbers between 2 and 5152 the total number of tickets sold so far.

The prizes are sent out via wallet transfer

What is the No Loss Lottery

  • A prize linked savings account.
  • One Leo sent to the @nolosslottery wallet buys you one ticket, which is entered into the lottery in your name.
  • The more tickets you buy, the greater your chance of winning.
  • But if you don’t win, you are automatically entered into next weeks lottery.
  • And when you want your Leo back you just send a wallet memo to @nolosslottery the account which processes the Leo deposits.

  • So the No Loss Lottery is fun like a lottery, but smart like a Savings account.

  • I call it Smart Fun!!

  • If you want to start having Smart Fun send one Leo or more to @nolosslottery

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@shortsegments

:)

Posted Using LeoFinance Beta

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15 comments
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Thanks its really worth it, keep up with the great work 🔥

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Your welcome.

Posted Using LeoFinance Beta

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I think this is a great idea.
I would suggest that you consider combinging the idea of a prize linked savings account with your Group A feature. It would be a small sacrifice of 10% of the yield to earn a prize every week.

Posted Using LeoFinance Beta

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It is an interesting idea!
I just opened it, so it would be easy to do.

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