🧵 DETAILED BREAKDOWN: How Degen Lotto Works

Degen Lotto is an onchain lottery system where your chance of winning is directly proportional to how many tickets you buy. Each round has exactly 111 tickets at 0.001 ETH each, with a prize of 0.1 ETH.

🧵 THE TICKET SYSTEM

• Each ticket costs 0.001 ETH
• Each round has exactly 111 tickets
• You can buy up to 25 tickets per transaction
• Your win chance = (your tickets/111) × 100%
• Tickets are tracked as consecutive ranges per player
• The contract maintains detailed statistics for all players

🧵 WINNER SELECTION & RANDOMNESS

When all 111 tickets sell out, a winner is automatically selected:

Contract creates a random seed by hashing:

Previous block hash
Current block timestamp
Prevrandao value
Contract address
Total completed rounds
This seed generates a winning ticket index (0-110)

This is really cool, but real sure the chances of wining are real slim 😮‍💨😮‍💨