Every month starting now people can sign up for the BitcoinONE (bitcoinone.tk
) lottery. People may apply to win anytime before the 27th day of the month. The winner will be paid on the 2nd day of the next month. The winner will be announced on the 3rd day of the next month when the application system is open again. The winner's reward is currently 2BTC or or 40% (whichever greater) of the total value of the collected money
for those who made the maximum placement given that the total amount collected is greater than or equal to 2BTC. There are 3 payment options: 0.10BTC 0.05BTC and 0.01BTC
. Those who give the maximum of one Bit Dime will receive the full amount if they win. Those who give one Bit Nickle will receive 1BTC or 22% (whichever greater) given that the total amount collected is greater than or equal to 1.3BTC if they win. Those who give the lowest amount (one Bit Cent) will receive 0.50BTC or 11% (whichever is greater) given that the total amount collected is greater than or equal to 1BTC if they are selected as winners. As the administrator I will collect no more than 40% of the total collected amount (Normally will be 25%). 20% will be donated to a charitable organization via www.bitcoin-charity.com
. The payout and the donation will be placed on YouTube for verification by the world. The remaining percentage of the funds will be kept separate for a bonus lottery in January, May, or September which will have no payment or fee associated with it. If the minimum amount is not achieved the placements will carry over to the next month and no prize, fee, or donation will occur. The winner will be chosen by a pseudo-random number generator. This process will also be recorded for YouTube. The rewards are moderate and the cost is low. **This is not your normal Mega Super Jackpot Lottery this is just a small charity lottery for those who want to loose little this is not a get rich quick scheme because nobody can get rich and especially not quickly, especially not the administrators.**
This is why Google Docs and a .tk domain are used. WE DO CHECK TO MAKE SURE YOU PAY. Every 72 hours the money in the wallet is transferred to a second location which is secure and normally offline.
THE CURRENT SUBMISSION ADDRESS AS OF 07 AUGUST 2011 IS:
(Machines rotated on random basis for security reasons, so the address will change at least once within a 24 hour time frame)
Partial refunds are available if we are notified within 24 hours of the submission via email@example.com
By posting about us online you can get free bonus tickets. See website for further details.
Feel Free to post any questions.