Terms and Conditions for CryptoJackpot.fun

Last Updated: [07/03/2025]

Welcome to CryptoJackpot.fun. By accessing or using our website, you agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use this website.

Overview

CryptoJackpot.fun is a crypto raffle website where participants deposit cryptocurrency to receive raffle tickets. Raffles are held automatically every twenty-four (24) hours. At the end of each raffle, one winner is chosen at random and the prize—calculated as the total amount deposited by all participants minus a ten percent (10%) development fee—is awarded in the same cryptocurrency in which the winner originally deposited.

Raffle Entry

Ticket Calculation:

• For Bitcoin (BTC), a deposit of 0.000011 BTC equals one (1) ticket.

• For Litecoin (LTC), a deposit of 0.0085 LTC equals one (1) ticket.

Confirmation Requirement:
You are automatically entered into the raffle after your deposit receives three (3) confirmations on the blockchain. If a raffle ends before your deposit has received three confirmations, your deposit will be carried over and automatically entered into the following raffle.

Raffle Draw and Winner Selection

The winner is chosen at random using Python’s built-in random module (specifically, the random.choice() function) from the list of eligible entries. The more tickets a user holds, the higher their chance of winning.

The winning prize amount is calculated as the total amount deposited by all participants in that raffle minus a ten percent (10%) development fee.

The prize is deposited back to the cryptocurrency address from which the winning deposit was originally made, in the same cryptocurrency.

Raffles are held every twenty-four (24) hours, and a new raffle starts automatically when the previous raffle ends.

Development Fee

A development fee of ten percent (10%) is deducted from the total prize pool in each raffle. This fee is used for the ongoing operation and maintenance of the website.

Disclaimers and Limitation of Liability

No Guarantee:
Participation in the raffle is on an “as is” and “as available” basis. We do not guarantee the timely processing of deposits, confirmations, or payouts.

Risk of Loss:
By participating, you acknowledge that the value of cryptocurrency may fluctuate and that you assume the risk of loss.

Limitation of Liability:
CryptoJackpot.fun, its owners, and administrators are not liable for any direct, indirect, incidental, special, or consequential damages that may result from the use or inability to use the service.

Support and Contact Information

If you have any queries or need support, please contact us at:
support@cryptojackpot.fun

For community support and to reach out to our admins, please join our Telegram groups:

• CryptoJackpot.fun Official

• CryptoJackpot Raffles

Proof of Fairness

We believe in complete transparency. Our random drawing is implemented using a weighted algorithm, ensuring that each ticket you purchase proportionally increases your chance of winning.
To verify our fairness, you can view the code snippet that chooses the random winner on our Proof of Fairness page.

Transparency

All transactions, raffle entries, and outcomes are recorded on the blockchain, ensuring complete transparency. Every deposit, confirmation, and raffle draw is publicly verifiable via the blockchain’s immutable ledger, allowing participants to independently confirm the fairness and integrity of the raffle process.

Modifications

CryptoJackpot.fun reserves the right to modify these Terms and Conditions at any time. Any changes will be effective immediately upon posting on the website. Your continued use of the site after any changes constitutes your acceptance of the new Terms and Conditions.

Governing Law

These Terms and Conditions shall be governed by and construed in accordance with the laws of the jurisdiction in which CryptoJackpot.fun operates, without regard to its conflict of law provisions.

By using CryptoJackpot.fun, you acknowledge that you have read, understood, and agree to these Terms and Conditions.