The main goal of Shark Lotto is to transform the conventional lottery for the better by integrating blockchain technology to change the antiquated ways of holding traditional lottery games radically. With this technology, the winnings are distributed by the blockchain network, strictly in accordance with the rules of the game. The results of each game are verifiable in the blockchain open registry and cannot be manipulated. This solution is 100% Secure since it is based on blockchain technology thus offering many advantages over other platforms.
Shark Lotto is a 100% decentralized lottery platform where everything runs on ETH smart contracts. The initial guaranteed prize pool is $1,000,000, with instant payouts. Shark Lotto Lottery also will not tax any winnings. It ensures that 80% of the ticket sales go to the jackpot, and winnings are paid out automatically after each draw.
The random number generator (RNG) is also based on blockchain technology which means that neither winning numbers nor lottery tickets can be faked. Shark Lotto is a totally anonymous lottery, designed to meet the needs of the players and winners who have always wanted to stay anonymous. Shark Lotto only accepts and pays in cryptocurrencies, thus enabling the players and winners to remain totally anonymous.