Let’s say Jarvis wants to enter the pooled giveaway in this model and goes onto buying 1 lottery ticket at 1 STR.
As Jarvis has gone for the legacy model, there’ll be a number of scenarios.
Jarvis’s lottery ticket number doesn’t match the winning number. But it’s a match for another participant. In this case, the complete payout goes to the other participant.
Jarvis’s lottery ticket number matches with the winning number. So he’s entitled to win the entire prize money. The whole payout goes to Jarvis, except for the marginal fees.
Someone else’s lottery number matches with the winning number, along with Jarvis as well. Both the winners are entitled to receive the prize. The payout is divided equally among the winning participants.
No one wins the lottery along with Jarvis. So the pool prize is rolled over for the next draw.