# Glow Lotto Short Explainer

Glow Lotto is a net-win Lottery where you deposit UST to get free tickets for a chance to win the weekly jackpot and on top, you'll accrual interest.

With Glow Lotto you'll receive interest on your UST deposit and free Lottery tickets for a chance to win the weekly jackpot. It's a no-loss service where you can withdraw your initial deposit plus accrued interest if you do not want to participate in the lottery anymore.

## Graphic Idea

`Show the process as an infographics`

#### The full process as of now

* Deposit at least 25 UST (= 1 Ticket)
* Receive Ticket + Accrue Interest at the same time (5% APR)
  * Optionally: Refresh ticket distribution (totally or partially)
* Lottery numbers are drawn once per week
* Claim Prizes on ticket winning - it happens instantly
* No Loss withdraw: Request withdrawal UST, lose the respective amount of Tickets
  * Info: Subject to 7 day lockup period for withdrawal requests. After 7 days user needs to claim
* Instant withdrawal: Request instant withdrawal UST (a 5% fee will apply) and lose the respective amount of tickets. 

![](https://4022500273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MiS5T5w1fSVsmQqqvre%2Fuploads%2F51N9PCD5M6QGpmZXMOG7%2Fimage.png?alt=media\&token=7186da2e-dd99-4b97-b430-1359986e1472)