♥️1.7 | Main Lottery Mechanism

The unique lottery element in Lucky Lion's Den is a key feature that differentiates it from traditional online casinos. Here's how it works:

1. Monthly Profit Allocation: A portion of the casino's monthly net profits is allocated to the lottery pool. For example, if the casino makes a net profit of $10 million in a month, a predetermined percentage (say 10%) is set aside for the lottery, amounting to $1,000,000.

2. Staking NFTs for Eligibility: NFT holders must stake their NFT to participate in the lottery. The staking process in the core qualifier for entry into the lottery draw.

3. 2 Stage Lottery System: The Lottery Pool is divided into 2 Stages. The Stage 1 Lottery Pool is typically larger, however the Stage 2 Lottery Pool is where an individual can really win big.

4. Winning Group Determination: A random draw is conducted to select a winning group. Only the staked NFTs from this winning group are eligible for reward from the Lottery Pools.

5. Stage 1 Lottery Mechanics: The Stage 1 Lottery Pool is distributed equally among all qualifying staked NFT holders of the winning group.

6. Stage 2 Lottery Mechanics: The Stage 2 Lottery offers an additional chance to win, typically a larger single prize. Every staked NFT holder from the winning group is eligible, and one lucky winner is randomly selected to win the entire Stage 2 Lottery Pool.

Monthly Cycle and Reset: This process repeats every month, with NFT holders having the opportunity to re-stake their NFTs for the next cycle.

This lottery system adds an exciting layer to the gaming experience, as it directly links the casino's performance with the rewards of its players, incentivizing both participation and community building within the platform.

Here is an example of the Lottery System in effect:

$10m Net Profit in the Casino | 10% = $1m into Main Lottery Pool

● STAGE 1 LOTTERY

1. The King group is drawn as the winning group for the month.

2. The King group comprises 640 NFTs.

3. Only 50% of King cards have been staked. Therefore, 320 King NFTs qualify for the Lotteries.

4. Out of the entire NFT collection, 75% have been staked, thereby qualifying for the Lotteries. This staking percentage determines the size of the Stage 1 Lottery Pool. Therefore, 75% of the Main Lottery Pool ($750,000), is allocated for the Stage 1 Lottery.

5. The remaining 25% of the Main Lottery Pool, amounting to $250,000, is set aside for the Stage 2 Lottery.

6. The Stage 1 Lottery winnings are distributed evenly amongst the STAKED KINGS, so each Staked King holder receives $2,343.75 in this example.

● STAGE 2 LOTTERY

1. The Stage 2 Lottery jackpot is determined by the remaining amount in the Main Lottery Pool after the initial payout of the Stage 1 Lottery. In this case, $250,000.

2. This $250,000 is then randomly awarded to ONE NFT within the STAKED Kings. (You can stake multiple NFTs, for a higher chance of reward from the Lottery)

The Godfather Lottery

The Godfather Lottery Mechanism is incredibly simple.

1% of the Casino’s Net Profits is assigned as the Godfather Lottery Pool.

This Pool is then randomly awarded to one of the Staked Godfather NFTs.

This means that the highest odds of winning are 1 in 5, if all Godfather NFTs are Staked.

This Lottery is conducted within the same Monthly Cycle as the Main Lottery Mechanisms.