> For the complete documentation index, see [llms.txt](https://litepaper.goated.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://litepaper.goated.com/goated-token/the-goated-lottery/goated-lottery.md). # GOATED Lottery ## How it Works The lottery consists of 5 balls and 1 Powerball, drawn every week at \~4 PM UTC on the [Goated Lottery Dashboard](https://www.goated.com/lottery?tab=ticketsPrizes). Stake GOATED to receive GOATEDX at a 1:1 ratio. For every 200 GOATEDX held, you receive 1 ticket per week — permanently. \ \ Note: Staked GOATED is irreversibly locked and cannot be unstaked or withdrawn. {% hint style="info" %} The number of tickets you recieve for GOATEDX are subject to change at Goated's Discretion. {% endhint %} ### The Prizepool 15% of Goated's annual GOATED NGR is allocated to the lottery prizepool. Rather than adding a fixed amount each week, the prizepool is topped up dynamically — smoothing out variance in both weekly NGR and prize payouts. Over a full year, the total contribution will equal 15% of NGR. ### Prize Tiers The prizepool is split across 9 tiers, with higher tiers requiring more matching numbers. Tier 1 requires matching all 5 balls and the Powerball — lower tiers require fewer matches. The allocation across tiers varies each week and is published on the Lottery Dashboard before each draw. If multiple tickets share a winning combination, they split that tier's prize equally. If no tickets match a tier, that portion rolls over to the following week. *** ## How to Play Playing the Goated Lottery is simple! It all takes place on the [Lottery Dashboard](https://www.goated.com/lottery). * **Stake GOATED** — Convert GOATED to GOATEDX (200 GOATEDX = 1 weekly ticket, forever). * **Choose Your Numbers** — Pick manually or autofill. * **Submit Your Tickets** — Deadline is 4 PM UTC. Unsubmitted tickets won't count for that week's draw. * **Check Results** — View winning tickets on the Lottery Dashboard. * **Claim Your Prizes** — Winning prizes must be claimed before the next lottery draw. Unclaimed winnings expire at that point. *** ## Provable Fairness Every draw is determined by the first Bitcoin block mined after 4 PM UTC. Verify results here: [Provable Fairness](#provable-fairness). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://litepaper.goated.com/goated-token/the-goated-lottery/goated-lottery.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.