In this case, the player can withdraw 1.250 ETH now and "After that, the player will be able to cash out up to 50% of the Jackpot value every period (approx. 1 month) until the withdrawal of the total value of the win." (Whitepaper). To be honest, I didn't understand how it works the other 50% withdraw later on. Will it be monthly payment? How long time?
So, the player wouldn't receive the money showed on "ESTIMATED WIN" (7.000.000 ETH), but 2.500 ETH only.
If this is correct, Smartbillions should show on "ESTIMATED WIN - HIT#6" the value according to the ACTUAL Jackpot.
the winner of 7.000.000 ETH can withdraw 50% of the current jackpot
every month until the whole win is payed. other lotteries like powerball also do payouts on a monthly base.
You made an example with one 7.000.000 winner what if in time
there is another winner or 7.000.000 let say in time span of one year
there would be 2 players requesting payout every month.
What would the the calculation look like in this situation?!
Would they share the 50% payout of the jackpot every month so each would receive 25% of total jackpot each month?