What Is a Crypto Raffle?

Ten people each put a dollar into a pot. A ticket gets drawn, and one of them takes the whole thing. That is a raffle. You have probably met one at a school fundraiser or a giveaway thread. The crypto part only changes how you pay and how you can check the draw.

What a raffle is

A raffle is a draw where tickets win. Each round has a fixed ticket price. You buy some. Every sale grows the pot, and when the round closes, one ticket number is picked. The wallet holding that ticket is paid the entire pot.

There is no prize ladder and no split between runners-up. One ticket wins, and it wins everything. That's it. That's the game.

How tickets and the pot work

A round sets one price per ticket, and everyone pays it. Buy a single ticket or buy twenty; each one is a separate entry in the drum. When sales close, the draw runs and one entry wins.

The pot has no mystery in it. It is the sum of all ticket sales minus the house share, and an honest raffle prints that split before you buy. The house never seeds the pot with its own money. The prize is the players' money.

Odds are plain arithmetic. If 200 tickets are in the drum and you hold 20 of them, you win one time in ten on average. Buying more tickets improves your odds. The price per entry never moves.

Rounds run on a schedule, and recurring ones reopen on their own after each draw. You always know when sales close before you commit anything.

What crypto changes

Signing in is a wallet signature. You prove ownership of a Solana address, and that is the whole login. Phantom is the supported wallet. No email and no password to reset. One wallet means one account.

There is no card form anywhere in the flow. Your balance is held in dollar terms, and every stake and payout moves through it. If a betting site has ever rejected your card issuer, that whole class of problem is gone here.

Deposits go to a personal address generated for your account. Send SOL, or send a stablecoin like USDC or USDT on Solana, and a worker prices the transfer and credits your balance. Deposits worth under $1 equivalent are recorded and swept, but they do not hit the balance.

The draw itself becomes checkable. Before tickets go on sale, the server generates a seed and publishes only its hash. After the round settles, the seed is revealed, and anyone can re-run the published formula to confirm the winning ticket was fixed before anyone bought. You do not have to take our word for it.

Payout is quick because the rails never close. Winnings land in your in-app balance the moment a round settles, and withdrawals go out in SOL, usually within minutes. Nobody mails you a check in six weeks.

How it works on the hood

Here's the concrete version. Live rounds are listed on the home page, and each round sets its own ticket price: the Hourly Quickdraw costs 0.01 SOL, the Weekly Mega Raffle costs 0.2 SOL, and others sit in between.

On current rounds, 95% of every ticket sale goes into the prize pool, and the card shows that split before you buy. You can buy up to 100 tickets in one purchase, and no wallet can hold more than 100 tickets in a single round, so one deep pocket cannot corner the drum.

Regret a purchase? While the round is still live, you can sell your tickets back for 50% of what you paid, and the refund hits your balance immediately. Once the draw has run, there is nothing left to sell.

A round needs at least two different wallets entered. If only one wallet shows up, the round is voided and every buyer is refunded in full. The winner is paid the whole pot to their in-app balance, and from there you can withdraw in SOL with a $5 minimum and a flat $1 fee. To play at all, you accept the Terms, which include being 18 or older and not playing from a restricted jurisdiction.

Finished rounds pile up on the Past Draws page with their results.

Check the draw yourself

Commit-reveal is the backbone of every round here. The hash is published before sales open, and the seed is revealed after settlement. The verification tool on the Provably Fair page re-runs any draw with the revealed seed, so the winning number can be reproduced by anyone holding the round details.

You do not need to care about the cryptography to use it. The tool walks the same formula the server used, and if its output matches the published winner, the draw was locked in before sales opened.

Ready to try a round? The walk-through in How to play crypto raffles covers the whole loop, from installing a wallet to withdrawing your winnings. For everything else, the FAQ answers in question-sized pieces.