Frequently Asked Questions
How do I participate in the lottery?
Simply hold $BAG tokens in your Solana wallet. Every 69,420 $BAG tokens equals one lottery entry. No manual entry required!
When are the drawings held?
Hourly drawings occur every hour on the hour, 24/7. Monthly mega drawings happen on the last day of each month at midnight UTC.
How are winners selected?
Winners are selected using Chainlink's Verifiable Random Function (VRF), ensuring provably fair and transparent results.
How do I receive my winnings?
Winnings are automatically distributed to your wallet address within minutes of the drawing. No claiming process required!
What are the odds of winning?
Your odds depend on how many $BAG tokens you hold relative to the total pool. More tokens = more entries = better odds!
Is this actually a lottery?
No, this is not a traditional lottery. $BAG is a memecoin project and entertainment platform. This operates as a cryptocurrency token distribution mechanism.
What blockchain is this built on?
$BAG runs on the Solana blockchain, providing fast transactions and low fees for all lottery operations.
Can I buy $BAG tokens?
Yes! You can purchase $BAG tokens through various Solana DEXs. Click the 'Buy $BAG' button on our homepage for direct access.
Is there a minimum holding requirement?
You need at least 69,420 $BAG tokens to qualify for one lottery entry. This ensures fair participation across all holders.
Are there any fees?
There are no additional fees for participating in the lottery. Standard Solana network fees apply for token transactions.