How it works

The short version

Trading fees on the PSTOCK coin collect into a pot. Every 3 minutes one holder wins the entire pot. The prize is paid in SPYx, a token that tracks the S&P 500.

Tickets

Every 500,000 PSTOCK in your wallet is one ticket. Two tickets at double that, three at triple, and so on. Your balance is read at the moment of the draw, so selling before it removes your tickets.

Splitting a balance across several wallets gains you nothing, because tickets are counted per whole 500,000 either way.

There is nothing to enter and nothing to sign. Holding the coin is the whole mechanism, and the winner is paid without having to claim.

Where the prize comes from

The coin is quoted in SPYx rather than SOL, so its creator fees accrue as SPYx. That is why a prize can be paid without selling anything or swapping: the pot is already in the asset the winner receives.

Accounts that are not players are excluded from every draw. That means the trading pool itself, the treasury, the creator wallet and the burn address.

How the winner is picked

Before each round opens we publish a commitment, which is the fingerprint of a secret nobody has seen. When the round closes, that secret is combined with a Solana blockhash that did not exist when the commitment was made. Neither side can steer the result.

Afterwards the secret, the blockhash and a fingerprint of the entry list are all published, so anyone can recompute the draw.

This is a commitment scheme, not a verifiable random function. It stops a secret being chosen after the fact. It does not stop an operator preferring one recent blockhash over another, and it would be dishonest to claim otherwise.

Check a round yourself

Rounds that pay nobody

A round rolls over when the pot is too small to be worth the cost of sending it, or when no wallet holds enough for a ticket. Nothing is lost: the pot carries into the next round. Expect this to be common early on.

Look it up

What can go wrong

PSTOCK is a memecoin and its price can go to nothing. SPYx is issued by a third party which can pause transfers, freeze an account or move a balance, so a prize is not a guarantee of anything.

Rounds can roll over or fail. None of this is investment advice, and Power Stock is not affiliated with Powerball, the Multi-State Lottery Association, or any state lottery.