🎟️Season Raffle

1. Prize Pool Composition

The Prize Pool consists of:

• Yield from deposited assets: Users deposit SOL, which is staked to generate yield.

• Revenue sharing from Windfall: A portion of Windfall’s business profits contributes to the pool.

2. Ticket Distribution

• The total number of raffle tickets varies per season.

• The number of tickets is determined by the total amount of SOL deposited by users.

3. Prize Distribution Logic

The Prize Pool is allocated using the following logic:

3.1 Prize Groups

There are four prize groups:

1. First Prize

2. Second Prize

3. Third Prize

4. No Prize (Losing Ticket)

Each group is assigned a reward distribution percentage, ensuring the total equals 100%. Example:

• First Prize: 30%

• Second Prize: 30%

• Third Prize: 40%

• No Prize: 0%

3.2 Ticket Allocation

Each prize group has an assigned ticket probability (ensuring a total of 100%).

Example:

• First Prize: 0.1% of tickets

• Second Prize: 0.9% of tickets

• Third Prize: 14% of tickets

• No Prize: 85% of tickets

4. Payout Calculation

The payout per ticket in each winning group is calculated using:

$${Winning Amount per Ticket} = \frac{\text{Total Prize Pool} \times \text{Prize Group Percentage}}{\text{Total Tickets} \times \text{Winning Ticket Probability}}$$

This ensures a fair and transparent reward distribution system.