Comparisons to Lotteries

Metric

Megapot

Powerball

Mega Millions

EuroMillions

🎟️ Ticket Cost

$1

$2

$2–$3

€2.50

🎯 Jackpot Win Odds

1 in 1,428,571 ($1M jackpot)

1 in 292,201,338

1 in 302,575,350

1 in 139,838,160

💰 Expected Value (EV)

–$0.30

–$1.61

–$1.50 to –$1.70

–€1.80

Settlement Speed

Instant (onchain)

Days

Days

Days

🔍 Transparency

100% (smart contracts)

Centralized & opaque

Centralized & opaque

Semi-transparent

🏆 Claim Prize

Auto to wallet

Manual claim at lottery HQ

Manual claim (varies by size)

Manual claim via retailer

⏳ Round Duration

24 hours

3 times/week

2 times/week

2 times/week

Megapot Expected Value (EV)

EV=(Jackpot Share per Ticket)Ticket CostEV=(Jackpot Share per Ticket)−Ticket Cost

Since 70% of all ticket sales fund the jackpot:

  • If you buy 1 ticket for $1, $0.70 of it contributes to the prize pool. 30% is paid as fees to the community for building a large jackpot and referring users.

  • Each entry has a 100% fair chance of winning. Your odds to win are entry value / jackpot size.

  • This means your expected return = 70% of your ticket, or $0.70.

  • So EV = $0.70 – $1 = –$0.30

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