Choosing regulated and reliable Bitcoin lotteries, which allow to bet with crypto, is crucial before putting any value in the less legitimate bitcoin lottery. The cost of investing in bitcoin lottery tickets is not necessarily accessible or any cheaper than conventional counterparts in the lottery world due to a global pool base. Still, some bitcoin lotteries have been observed to show username or public addresses thereof. The top bitcoin lottery ticket numbers are usually the only revealing method. The players can also use bitcoin mining to get lottery tickets on some of the BTC lottery sites and play, technically for free, without spending any money from their bitcoin wallet to play lottery games and other games. The winners might have to do a complete verification before withdrawing their winnings from the bitcoin lotteries with an online gambling license.
However, in this case, the winning is transferred to a bitcoin wallet address, and the lottery players participating can be in the entire process from around the world.
The numbers drawn would determine who would get the winnings.
The approach to the bitcoin lotteries space is similar to that of traditional lottery systems for example, people started investing in bitcoin lottery tickets, and the prize pool would increase accordingly.