FAQ
General
What regions are geoblocked?
The Megapot protocol operates autonomously, enabling anyone to build on it, or use it, without permission. The Megapot app is a user-facing interface to the protocol and abides by relevant gaming regulations.
Megapot.io and mini apps in the Base app:
Afghanistan, Australia, Austria, Belarus, Burkina Faso, Burundi, Cambodia, Canada, Comoros, Cuba, Democratic Republic of Congo, France, Germany, Guinea-Bissau, Haiti, Iran, Iraq, Jamaica, Libya, Mali, Myanmar, Netherlands, North Korea, Russia, Senegal, Somalia, South Sudan, Spain, Syria, Ukraine, United Kingdom, United States, Venezuela
How do I earn Points?
There are three ways to earn points:
Playing — Every ticket you buy earns points
Referring — Earn a share of your referrals' ticket points
Backing — Earn points based on your deposit size
Learn more about point values and VIP tiers in Points.
Players
How much does a ticket cost?
Tickets cost $1 USDC each. You can purchase as many tickets as you like for each drawing.
What is an auto-subscription and how does it work?
An auto-subscription automatically purchases tickets on your behalf for every drawing over a pre-set period of time. You deposit USDC upfront, choose how many tickets you want per drawing, for how many days and the system handles the rest. Your subscription continues until you cancel or your balance runs out.
You can choose between static tickets (same numbers every drawing) or dynamic tickets (fresh random numbers each drawing).
For more details, see Auto-Subscriptions.
Can I cancel my auto-subscription?
Yes, you can cancel at any time with no penalties. When you cancel, your remaining balance is refunded to your wallet immediately. Any tickets already purchased for the current drawing remain active.
Learn more in Auto-Subscriptions.
Why is my order using batch purchase?
Large ticket orders are automatically split into smaller batches for reliability. Blockchain transactions have size limits, and batching ensures your entire order completes successfully.
You pay once upfront, and tickets are delivered progressively as each batch completes. This may take a few extra minutes for very large orders, but all your tickets will be minted.
For more details, see Batch Purchases.
When do drawings happen?
Drawings happen once daily at 17:00 UTC. You can purchase tickets anytime before the drawing closes.
How can I verify the drawing was fair?
Every drawing uses verifiable randomness from Pyth Network. The winning numbers are generated independently and recorded permanently on-chain. You can inspect the blockchain transaction to verify:
The random number came from Pyth Network's entropy contract
The winning numbers were derived from that randomness
Winners were calculated correctly for each prize tier
No one—including the Megapot team—can predict or manipulate the outcome. For a step-by-step verification guide, see Provably Fair.
Has Megapot been audited?
Yes. Megapot's smart contracts were audited by two leading security firms:
Zellic, trusted by Polymarket, Morpho, and Hyperliquid
Code4rena, trusted by AAVE, Coinbase, and Chainlink
Learn more in Provably Fair.
Backers
What is the Backer pool and how does it work?
The Backer pool is the collection of USDC deposited by liquidity providers (Backers) that funds the prize pool. When you deposit USDC as a Backer, your funds become available as prize money for players to win.
In exchange, you earn a share of ticket sales revenue. Think of it like being the house at a casino, you fund the prizes and earn likely returns from every ticket sold. Over time, the math favors Backers.
For a deeper understanding, see Earn As A Prize Pool Backer.
Where do Backer returns come from?
Backer returns come from ticket sales. Approximately 90% of every ticket purchase goes to the Backer pool as revenue. After prizes are paid out (roughly 70% of ticket sales), the remaining ~20% becomes Backer profit.
This edge compounds over time. The more tickets sold, the more Backers earn. Learn more in Earn As A Prize Pool Backer.
What does it mean if my share value decreases?
Your share value can decrease after a drawing with large payouts. When many winners win prizes—especially higher-tier prizes—those payouts come from the Backer pool.
This is expected and temporary. Over many drawings, the mathematical edge means Backer share values trend upward. A single drawing with big winners is part of the normal variance of backing the pool.
When does my deposit become active?
Your deposit becomes active at the start of the next drawing. If you deposit during an ongoing drawing, your funds will begin earning returns from the following drawing onward.
Why is there a waiting period to withdraw?
Withdrawals require one drawing cycle to complete. This ensures share values are calculated accurately after the current drawing settles.
To withdraw:
Initiate your withdrawal request
Wait for the current drawing to complete
Finalize your withdrawal to receive USDC
The entire process takes one drawing cycle (approximately 24 hours). Learn more about the mechanics in How To Back the Prize Pool.
Referrers
What are the two ways referrers earn income?
Referrers earn from two sources:
Purchase fees — A percentage of every ticket your referrals buy
Win share — A percentage of any prizes your referrals win
Both apply to first-order referrals (people you referred directly) and second-order referrals (people they referred). Your earning potential grows as your network grows.
For the full breakdown, see Earn by Referring Your Friends.
How much do I earn when someone I referred buys a ticket?
You earn a percentage of every ticket purchase:
First-order referrals: 8% of ticket price
Second-order referrals: 2% of ticket price
Purchase fees are credited to your account instantly when tickets are bought. You can claim them anytime—no minimum threshold, no waiting period.
Learn more in Earn by Referring Your Friends.
What percentage do I earn when my referrals win?
You earn a percentage of your referrals' winnings:
First-order referrals: 8% of prize
Second-order referrals: 2% of prize
Win share fees are credited to your account when your referral claims their prize. Once credited, you can claim them anytime.
For examples and more details, see Earn by Referring Your Friends.
Last updated