On the subject of economy balance, you should remove a small percentage of the jackpot (like 1%-5%) before dispersement to control the availability of valuable items. Think of it as an application fee of sorts. I'm pretty sure the winners wouldn't care so long as the participation is high.

And then if you're ambitious, use the collected fee as a reward for a different event for the whole server (pvp games, 1-3 place in building competitions, first in completing a challenge, maybe even limited use slot machine that takes yet another currency/item to play to diversify your player-gathered resources, etc).

You basically gave yourself access to a ton of resources without generating it out of thin air like the issue with the casino. You should skim some of it off the top lol.

@Valgys On the subject of economy balance, you should remove a small percentage of the jackpot (like 1%-5%) before dispersement to control the availability of valuable items. Think of it as an application fee of sorts. I'm pretty sure the winners wouldn't care so long as the participation is high.

And then if you're ambitious, use the collected fee as a reward for a different event for the whole server (pvp games, 1-3 place in building competitions, first in completing a challenge, maybe even limited use slot machine that takes yet another currency/item to play to diversify your player-gathered resources, etc).

You basically gave yourself access to a ton of resources without generating it out of thin air like the issue with the casino. You should skim some of it off the top lol.

you could use the blocks to supply a slot machine of some sort

@Retrochewy you could use the blocks to supply a slot machine of some sort

Yes I agree - the thought came to me too after I initially posted and I made an edit along that line of thinking.

is there the income tax that comes with this sort of thing?

@Retrochewy you really want a slot machine dont you?

@Valgys On the subject of economy balance, you should remove a small percentage of the jackpot (like 1%-5%) before dispersement to control the availability of valuable items. Think of it as an application fee of sorts. I'm pretty sure the winners wouldn't care so long as the participation is high.

And then if you're ambitious, use the collected fee as a reward for a different event for the whole server (pvp games, 1-3 place in building competitions, first in completing a challenge, maybe even limited use slot machine that takes yet another currency/item to play to diversify your player-gathered resources, etc).

You basically gave yourself access to a ton of resources without generating it out of thin air like the issue with the casino. You should skim some of it off the top lol.

The application fee is the 1-5 blocks that you spend in order to get the off-chance of winning, that's how lottery works.

I don't want to lose any of the reward to "controlling the availability of valuable items" All of the items I would get are legitimate items that have been in circulation before being dropped into the lottery.

If the reward deducted from the lottery has actuall use, such as a building competition, I would be in agreement. But if the participation in the lottery was low, it would take a while with a 1-5% deduction from the lottery to get those resources. Assuming 300 people all pay 5 diamond blocks to the lottery, that would mean 15DB (1% deduction) at least and 75DB (5% deduction) at most would go to a building competition. That's a very small number compared to the 1500DB the lottery rewards. That amount of participation in the lottery is quite ambitious IMO and I doubt that will happen. Assuming 50 people donate 5DB, you would get 3.5 daimonds at least and 2.5DB at most for use in the competition. Very small amounts for a reasonable amount of participation.

@_Confederacy_ The application fee is the 1-5 blocks that you spend in order to get the off-chance of winning, that's how lottery works.

I don't want to lose any of the reward to "controlling the availability of valuable items" All of the items I would get are legitimate items that have been in circulation before being dropped into the lottery.

If the reward deducted from the lottery has actuall use, such as a building competition, I would be in agreement. But if the participation in the lottery was low, it would take a while with a 1-5% deduction from the lottery to get those resources. Assuming 300 people all pay 5 diamond blocks to the lottery, that would mean 15DB (1% deduction) at least and 75DB (5% deduction) at most would go to a building competition. That's a very small number compared to the 1500DB the lottery rewards. That amount of participation in the lottery is quite ambitious IMO and I doubt that will happen. Assuming 50 people donate 5DB, you would get 3.5 daimonds at least and 2.5DB at most for use in the competition. Very small amounts for a reasonable amount of participation.

Depending on the amount of participation from this first one, the payout can be capped too. In your example someone winning over 23 stacks of diamonds blocks seems like overkill.

Also I wouldn't focus too hard on the word application fee. Call it a tax or processing fee or nothing at all, but my point is 100% of the pot isn't going to the winner. My recommendation is to save a little of it to fund other endeavors. This is an opportunity to compound server events to players without dramatically affecting the economy.

@CraftyMyner I already have a maximum payout and a % cut off the winnings. I may find other ways to use the winnings.

Why the maximum payout? If 300 people gamble 5DB the winner should take all 1500DB...

That's just my point of view though.

@_Confederacy_ Why the maximum payout? If 300 people gamble 5DB the winner should take all 1500DB...

That's just my point of view though.

What lottery doesn't skim off the top?
These funds can be used for other endeavors without spawning in items and combat the inflation of diamonds.

@CraftyMyner Because someone running around with 1500 dblocks is economy breaking and puts all the power into one person. If it was going to give they full payout, it would have to be distributed across at least a few players.

Totally agree on this point. I guess I shouldn't be surprised you took the time to think of the ways to mitigate the risks to the economy already.

I bet 1 diamond block that I'm gonna win the first time.

doubt it

@CraftyMyner Because someone running around with 1500 dblocks is economy breaking and puts all the power into one person. If it was going to give they full payout, it would have to be distributed across at least a few players.

I think the blocks should be replaced with actual items and the lottery ticket limit should be 2 or 3 to minimize the winnings and not give all the power to 1 person, maybe include a runners up or something, so like winner gets 1/2 of the prize, 2nd place gets 1/4 and the rest is used to fund fun stuff like the custom bosses

@Retrochewy I think the blocks should be replaced with actual items and the lottery ticket limit should be 2 or 3 to minimize the winnings and not give all the power to 1 person, maybe include a runners up or something, so like winner gets 1/2 of the prize, 2nd place gets 1/4 and the rest is used to fund fun stuff like the custom bosses

If 20 players donate 1DB I want 20 DB not 10 :/