website:
http://panamabitcoins.com/lottery/Panama Bitcoins Lottery Rules
Lottery Results are based on the Primer Premio (First Prize) of the Panamanian National Lottery — published at
http://www.lnb.gob.pa/sitio/index.php.
Entries must be submitted by 10:45am GMT-0500 (Panama Standard Time) the day of the drawing.
There are two drawings per week; on Sunday (Dominical) and Wednesday (Miercolito). Entries submitted after 10:45am on the day of the drawing will be included in the entries for the next drawing. For example if you send a bet at 10:50 am on Sunday then your bet will be for the Wednesday drawing.
To submit an entry, send 0.0001XXXX BTC to 1KcNqKGTYYem2rKpyHo1kXq7gC3JipKKnZ where XXXX is your lotto pick. For example, 0.00011234 would pay out if the winning numbers are 1234.
Entries lower than 0.0001 BTC are invalid and will not be eligible for payout.
Entries larger than 0.0001 BTC will count as multiple entries. For example, an entry of 0.0015 BTC will count as 15 entries.
The pot size and a record of all entries and payouts will be verifiable at
http://blockchain.info/address/1KcNqKGTYYem2rKpyHo1kXq7gC3JipKKnZ.
The entire pot minus 10% operation costs will be divided up amongst the winning entries and paid out to the addresses used to submit the entries. Note: Only use wallets that allow you to receive Bitcoin from the same address you sent from. Certain web based wallets will not work.
In the event there is no winner, the entire pot minus 10% operation costs will be rolled over to the next drawing.
