![up.png](https://cdn.steemitimages.com/DQmdMfYPQ2CzUAoYXHxgxQE3PbpykyPRm3PRwxp1Lud9hGP/up.png)

Results for the ufm-lotto for the 17th Feb 2020. 

Tickets sold -   6952
prize fund -  2192.3883458862UFM ,  45.17197582 STEEMP and 1285092.106 SPORTS
Winner - @flutterby29!!
Tokens Burnt from todays draw - 2102.90310727 UFM  &  514036.842 SPORTS!
Remember you have to be in it to win it!!!

Want to know more? 

Every day an exciting daily lottery is run on the steem tribe - [upfundme](https://www.upfund.me/trending/)

This lottery can be entered by anyone buy sending 5 UFM or 0.1 STEEMP, or 500 SPORTS (or multiples of) to @ufmlotto via steem engine. Tickets have a 1 in 6 chance of winning an instant win prize, all tickets we be entered into the daily draw.

UFM tokens can be purchased on  [Steem Engine](https://steem-engine.com/?p=market&t=UFM)

Draws results are posted to the upfundme [ufm-lotto Discord channel](https://discordapp.com/channels/618206078664179733/641213768940126218)

There is three ways to win - each ticket bought can win in all three way..Lets look how! Firstly we have instant wins..Prizes added to you account instantly.

Possible prizes are..

15 STEEMP (winnable with tickets bought with UFM tokens only)
10 STEEMP
1 UFMM (upfundme mega miner)
0.1 UFMM
5 TMPS 
1 TMPS 
0.1 TMPS
100 UFM
50 UFM
15 UFM
500 DEC
200 DEC
50 DEC
0.1 INCOME
5..0 STEEMP
1.0 STEEMP
0.1 STEEMP
0.1 TMPS
15 UFM
0.1 SPI
0.5 SPI
1000 SPORTS
2500 SPORTS
250 SPORTS

With More to be added soon! 

Secondly we have the main daily draw - 5 UFM/0.1 STEEMP - or 500SPORTS will buy a ticket to the daily draw.

Thirdly we have instant win jackpots - 5% of ticket sales goes into these instant win jackpots. there is different ones for each payment method, you can see the current Prize for each of the instant win jackpots[Here](https://steem-engine.com/?p=balances&a=ufmjackpot)

5% of all income is instantly transferred to @ufmjackpot to build up the instant win jackpot for each token (1/20000 odds of instantly winning per ticket) 
~50% of @ufmlotto's token balance goes to the daily winner (after 5% is taken for jackpots)
50% of UFM in @ufmlotto is burned daily (after 5% is taken for jackpots)
25% of SPORTS in @ufmlotto is burned daily (after 5% is taken for jackpots)
9% of STEEMP in @ufmlotto is added to the jackpot at the end of a lotto cycle after the daily winner is chosen (on top of the 5% taken for jackpots instantly)
The rest (minus a small float) is used by @taskmanager for various purposes

By playing the lotto you also help reduce the supply for the native token UFM - Did you know that out of  5.124m Issued UFM tokens only 1.587m are circulating?? thats right 3.536m UFM tokens have been burnt already!!! You can verify burnt tokens by checking the [@null](https://www.upfund.me/@null/transfers) account.  SPORTS tokens are now burnt too!

Many ways to win - one awesome lottery!

So what are you waiting for! Come and see us over on the [Discord channel](https://discordapp.com/channels/618206078664179733/618206079087673415) and join in the fun!

Todays UFM Stats..

Total
5,168,893.29
Circulating (31.24%)
1,614,696.70
Burn (68.76%)
3,554,196.60
Staking (90.65%)
1,463,676.91

https://cdn.steemitimages.com/DQmQPCbRaxA6ZVxfJ7u56d1Quft6uVRJMXJwf55LnGrB5tc/upfundme.gif
<center><sub>Signature created by @zord189</sub></center>