BMillions FAQ
  • What is BMillions?
  • Getting Started
    • What are the eligibility requirements to participate in ₿Millions jackpots?
    • How do I purchase an NFT ticket, and what payment methods are accepted?
  • Types of Jackpots
    • What are the benefits of owning a Major Jackpot NFT?
    • What are Minor Jackpots, and how can I participate?
    • What are Mini Jackpots, and how can I participate?
    • What are Sponsored Jackpots, and how can I qualify for them?
    • What benefits do 'Holder Only' and 'Loyalty' jackpots offer?
  • Token Utilization and Benefits
    • What is the $BMIL token used for in the ₿Millions ecosystem?
    • How can I stake $BMIL tokens, and what are the benefits of staking?
  • Security and Fairness
    • What measures are in place to ensure the fairness of NFT ticket distributions?
    • What security measures are in place to protect players and their investments?
  • Voting and Jackpot Adjustments
    • What is the DAO Difficulty Reduction Protocol, and how does it affect players?
  • Jackpot Management
    • What happens if a jackpot is not claimed?
    • How are tokens distributed, and what does spending tokens mean for players?
    • How do aftermarket sales of NFT tickets contribute to the jackpot pools?
  • NFT Management
    • Can I sell or transfer my NFT ticket after purchase?
    • What happens to my Major Jackpot NFT after the jackpot is won?
  • Future Developments
    • What future developments are planned for ₿Millions?
  • Official Links
    • Official Links
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  1. Types of Jackpots

What are Minor Jackpots, and how can I participate?

PreviousWhat are the benefits of owning a Major Jackpot NFT?NextWhat are Mini Jackpots, and how can I participate?

Last updated 11 months ago

Minor Jackpots are an exciting feature of ₿Millions that allow NFT ticket holders additional opportunities to win valuable prizes. Here’s how they work and how you can participate:

  1. Source of Minor Jackpots: Minor Jackpots are primarily funded by the royalties generated from the resale of NFT tickets on aftermarket platforms such as Magic Eden. Every time an NFT ticket is sold on these platforms, a portion of the proceeds is directed towards the Minor Jackpots pool.

  2. Eligibility for Participation: You must hold a valid Major Jackpot NFT to participate in the minor jackpots. Owning this NFT automatically qualifies you to enter and play in the Minor Jackpots, providing an exclusive benefit to NFT owners.

  3. 'Holder Only' Jackpots: These jackpots accumulate funds continuously through the aftermarket sales of NFT tickets. Once the prize pool reaches a cap of approximately $125,000, a new Minor Jackpot is opened. As a holder, you can participate in any open Minor Jackpot and play daily, enhancing your chances of winning.

  4. In addition to the regular Minor Jackpots, ₿Millions also offers Loyalty Jackpots exclusively for the loyal community of NFT ticket holders. These special jackpots reward long-term participants with prizes, including additional tokens, cash prizes, or real-world goods and services.

To participate in Minor Jackpots, maintain ownership of a Major Jackpot NFT and follow the updates on jackpot openings and prize announcements. This system increases your potential for winnings and adds value to your initial NFT purchase by offering multiple avenues for rewards.