MintLottery all or nothing!I've played a lot of the rounds and Ponzis on this site but I don't see many true lotteries.
So here's the deal send Bitcoins to this address.
1ML4ZrPwiEMftdrgU6naPFo9i3mg4CY9WdSend intervals of .01 BTC, for every .01 BTC you send you'll have 1 share.
In one week (March 7th at 9:00PM EST) I'll generate a random number using random.org and the person with the corresponding share number will receive 95% of the pot.
The last 5% of the pot will be moved to this address
1D1rSPutNr97a6Wqh5sCLaiFeywdJmPNf9 I'm not sure what this will go to yet, if there's any interest in this continuing then it may be used to build a proper site, when the time comes we can talk about what to use this money on and try to come to a consensus.
DO NOT USE WEB WALLETS(excluding Blockchain.info) UNLESS YOU REALLY KNOW WHAT YOU'RE DOING.
A lot of web wallets send money out of their hot wallet to the specified address, this means if you win I won't know where to send the money back to.
If you accidentally send out of a hot wallet, or another technical difficulty occurs PM me and we'll see what we can do about verifying you're the sender and issuing a refund.
I'll also be throwing a bit in myself, but I won't allow myself to win, if I win then I'll randomize another number.
Here's an example of the share system if you don't understand.
Address A sends .02 BTC
Address B sends .06 BTC
The shares will look like this:
1: A
2: A
3: B
4: B
5: B
6: B
7: B
8: B
Then I'll generate a number from 1-8 and give the pot the the address associated with the share number that wins.
I realize trust is an issue here so any suggestions that will help me prove my honesty are appreciated and I'll try the best I can to prove myself.
Remember to have fun everyone!