Bitcoin Forum

In the coming weeks I will be developing a Bitcoin lottery designed to be similar to the Powerball.
I hope to have the following features:

- Cummulative jackpot
- Random numbers
- Anonymous winners: Will be sent to address that made bet
- Use an escrow until I gain more trust.
- Consolation prizes: eg 4 or 5 correct numbers
- A power number that must be present to win jackpot
- A livefeed of the numbers being generated to prove fairness


Any suggestions, HELPFUL criticism, and comments are welcome.

Oh and I also need a name for this, and what you guys think each ticket should be priced at

I've decided that the numbers are going to be generated by the address that sends them, so no database is necessary, just a list of Bitcoin addresses entered in the lottery. The one setback using this would be that you could only bet once per address for unique addresses, but I will try and think of a workaround for this.

In other news I think I'm going to name this Powercoin.

Okay I've thought of a way to bypass the one address limitation.
The tickets will be priced at .01 BTC and your payment must be sent in increments of that.
I will divide your sent amount by .01 and for each time that increment occurs I will do some sort of operation to randomize the numbers. I should be able to get about 100 different combinations of numbers using this method, but I will know for sure once testing begins.

I'm sure the powercoin guys would love you for it.

 :)