Winners Announcement: June 5th, 2022

The No Loss Lottery is happy to announce the winners for week #54 on June 5th, 2022!

First place: Hive account@eirik

Second place: Hive account@spinvest

Third place: Hive account@summertooth

Lottery Results & explanation.

First Winner:

50 Leo goes to #504 who is Hive account@eirik

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Second Winner

20 Leo goes to #1376 who is Hive account@spinvest

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Third Winner

20 Leo goes to #4040 who is Hive account@summertooth

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How is the Winner Determined?

Each ticket is assigned a number in a ledger, and then a random number generator is used to generate numbers between 2 and 5152 the total number of tickets sold so far.

Congratulations to the winners!

Hive account@eirik

Hive account@spinvest

Hive account@summertooth

The Prizes are derived from ticket purchase price invested in Cubfinance.

This weeks total liquidity pool earnings on Cubfinance Cub-BUSD pool was 208 Cub, which swaps for 100 Leo ! 😀 When we subtract the lottery admin fee of 10%; 100-10 = 90 Leo in prizes. The prize allocation: 1st prize 50 Leo/ 2nd prize 20 Leo/ and 3rd prize 20 Leo.

The prizes are sent out via wallet transfer below:

What is the No Loss Lottery

• A prize linked savings account.
• One Leo sent to the Hive account@nolosslottery wallet buys you one ticket, which is entered into the lottery in your name.
• The more tickets you buy, the greater your chance of winning.
• But if you don’t win, you are automatically entered into next weeks lottery.
• And when you want your Leo back you just send a wallet memo to Hive account@nolosslottery the account which processes the Leo deposits.
• So the No Loss Lottery is fun like a lottery, but smart like a Savings account.
• I call it Smart Fun!!
• If you want to start having Smart Fun send one Leo or more to Hive account@nolosslottery

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Hive account@shortsegments
:)