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5y
Thank you @failingforwards
This is such a great community.
@thatcryptodave
What @failforward said is correct.
You send in Leo to @nolosslottery, and it is assigned a ticket number in the No Loss Lottery ledger.
The Leo is then invested in a Cubfinance Liquidity Pool, and the weekly earnings from that pool given away in a lottery style drawing every Sunday. The drawing uses a random number generator from Google.
I just published a post on this today.
You may read it here: @nolosslottery/the-no-loss-lottery-is-smart-fun-on-hive-and-leofinance
RE: Winners Announcement: December 12th, Week Twenty-Nine of the No Loss Lottery