[BITLOTTO] Congrats to "17CYLm..." for winning Aug 3 draw of 57.17 BTC

[bitlotto]

Just starting a thread for the Aug 3 draw. Payment was sent to the July 6 winner. I think the most interesting thing about the July draw was the ticket that won was one of the last tickets bought!

Any questions, please feel free to ask.

Good Luck all those who enter.

Remember:
-it's cheat-proof! I can not make myself win! The winner is truly random and can't be cheated by anyone!
-only buy tickets with Bitcoin running on your computer
-buy each ticket separately as 0.25 each
-BACKUP your wallet!! Payment can only go to the wallet that sent the money

See bitlotto.com for all the details.

[PandaMiner]

Any questions, please feel free to ask.

When will there be shorter lotto times? (ie: weekly draws)

[bitlotto]

Any questions, please feel free to ask.

When will there be shorter lotto times? (ie: weekly draws)

It will come as the jackpot grows. I think more people are playing because of the jackpot size. If I split it into say every two weeks *too* soon, it could more than cut the jackpots in half. It will come one day though!! I know one months time between can be a long time but I can't do it too early.

One of the hard parts is I have no idea who is playing and how often or even what their opinion is about how they will play if I did it weekly, bi-weekly etc. Perhaps if it was every two weeks I'd get the same number of tickets sold but I don't know for sure. I'm sure thinking about it. But it will come one day! 

[PandaMiner]

Why not a concurrent (bi)weekly draw? Keep the mega-millions (of .0000 0001 lol) and have a smaller time window, but higher ticket?  Just an idea.

[bitlotto]

Why not a concurrent (bi)weekly draw? Keep the mega-millions (of .0000 0001 lol) and have a smaller time window, but higher ticket?  Just an idea.

Yes good idea. I did think about that too. I'm planning on maybe starting a weekly draw alongside the monthly one. Time commitment for me will be higher for a weekly draw but I think lots of people would enjoy it. One day soon! 

[Konzul]

I think more frequent draws would be good. The problem is the more frequent the less high the jackpot so the draw for more casual people will be less.

Just bought a couple of fresh tickets to increase the pot a bit to entice more people in.

[bitlotto]

How to know what your ticket is without using blockexplorer or if you aren't sure what one is yours:

1. Make payment first and wait for a confirmation
2. Close Bitcoin
3. Download https://github.com/gavinandresen/bitcointools/archives/master (very small download)
4. After extracting run with python: python dbdump.py --wallet-tx-filter='HASH160 20:3bf8'
5. The hashes after "==WalletTransaction==" are your tickets for the Aug 3 draw!!!

(The 3bf8 part specifies what address you are looking up. The Aug 3 draw address converted to HASH160 begins with 3bf8...I'll try to remember to update people on what each one is as they come. Blockexplorer also gives that number when you are browsing addresses.)

[bitlotto]

So far: 18.81 BTC or 263.34 USD
On track to being another big one! 

[TheBitMan]

I would enter a weekly one and I am thinking of entering this one. All I do is send my .25 BTC to 16U6zvTH3UKP8EHT6mPZod8C2FrS4oVyy5   

[bitlotto]

I would enter a weekly one and I am thinking of entering this one. All I do is send my .25 BTC to 16U6zvTH3UKP8EHT6mPZod8C2FrS4oVyy5   

Thanks for your input. I think there will be a weekly draw one of these days. Yes, send .25, just make sure to send with Bitcoin on your computer and THAT'S ALL you have to do. If you win, it will just appear one day. Just don't forget to back up your wallet! GOOD LUCK!

[bitlotto]

So far the jackpot now: 25.49 BTC or 356.9 USD. Usually the first half of the month is the slowest.... Good luck to all those who entered!

[TheBitMan]

So far the jackpot now: 25.49 BTC or 356.9 USD. Usually the first half of the month is the slowest.... Good luck to all those who entered!

How often is the jr one updated?

[bitlotto]

So far the jackpot now: 25.49 BTC or 356.9 USD. Usually the first half of the month is the slowest.... Good luck to all those who entered!

How often is the jr one updated?

At the website both are updated in real time. It takes the data from the blockchain at blockexplorer.com. Sometimes it's a little behind but once it's in a block is should be there.

[bitlotto]

For those who like to enter early:
Address for September draw on Sept 7 is: 1Gw6NJpoaBmaG77px8p6jE63SqpykrJcRx


-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

September 7 2011
1Gw6NJpoaBmaG77px8p6jE63SqpykrJcRx
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.10 (GNU/Linux)
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=1GgC
-----END PGP SIGNATURE-----

[bitlotto]

Jackpot so far: 37.37 BTC

[bitlotto]

One week left.
Right now a 1/161 chance of winning 39.85 BTC or 557.87 USD. Good luck everyone who bought one!

[crazy987]

sent in 0.5, 2 tickets to give it a shot

[timmey]

I would enter a weekly one and I am thinking of entering this one. All I do is send my .25 BTC to 16U6zvTH3UKP8EHT6mPZod8C2FrS4oVyy5   

It's less than a week to the next draw. Enter now
I prefer the huge monthly pot instead of a smallish weekly one

[bitlotto]

I would enter a weekly one and I am thinking of entering this one. All I do is send my .25 BTC to 16U6zvTH3UKP8EHT6mPZod8C2FrS4oVyy5   

It's less than a week to the next draw. Enter now
I prefer the huge monthly pot instead of a smallish weekly one

Yes. Send 0.25 to the address but make sure you are using Bitcoin on your computer and not MyBitcoin, Instawallet etc. GOOD LUCK!

So far the POT is worth OVER $600 US!! Draw is in a few days!!!

[bitlotto]

About 10 hours left to enter.
Current approx odds: 1/206
Jackpot Size So Far: 50.99 BTC