# 💰Example Winnings Distribution

This page will show an example which will give you an idea of winning amounts and any commissions paid.

Question:

Who Wins the World Cup 2022?

Team 1 or Team 2

### PREDICTION ARRAY

5 players take part in each answer.

Players who chose Team 1:

 User Stake (BUSD) A 200 B 500 C 400 D 100 E 300 Total 1500 BUSD

Players who chose Team 2:

 User Stake (BUSD) F 200 G 700 H 500 I 200 J 400 Total 2000 BUSD

When the timer ends, HT verifies the correct answer using the authorized source and marks Team 2 as the correct answer.

### PRIZE POOL DETERMINATION

Total Pool Earnings: 1500 ( Team 1 ) + 2000 ( Team 2 ) = 3500 BUSD

HT platform fee: 25% of the losing pool (Team 1). So 25% of 1500 = 375 BUSD

The HT smart contract allows HT platform fee to be set up to only 30% max of the losing pool. Anything greater is disallowed by smart contract. The current fee is 25% of the losing pool, and any changes will be communicated to the community well in advance.

Therefore, the Total Prize Pool to be awarded to winners is 3125 BUSD.

When a winner is selected, the HT Smart Contract does the following:

1. 375 BUSD is transferred to a secure company wallet.

2. Users A - E, lose their funds.

3. 3325 BUSD is awarded to users F, G, H, I & J.

4. Users F - J can now claim their winnings (they pay the gas fee for claiming their winnings).

The formula for calculating winnings is:

S = Sum of winning pool P = prize pool after platform fee U = the amount a user staked

A user's individual prize is (U / S) * P

In our example:

• S = 2000

• P = 3125

• U = (each staked amounts of users F - J)

### Actual Winnings

 User User Stake(BUSD) Winning (BUSD) F 200 (200/2000) * 3125 = 312.5 G 700 (700/2000) * 3125 = 1093.75 H 500 (500/2000) * 3125 =781.25 I 200 (200/2000) * 3125 = 312.5 J 400 (400/2000) * 3125 = 625 Total Awarded 3125 BUSD

Note that this example does not show the submitter commission. If this question was submitted by a community member, they would get a part of the total pool as a reward.

Let's assume that the submitter's reward at the time is 1% (the value can only be 0.01% to 2% max of the Total prize pool), their commission would be \$35 (1% of \$3500). The HT platform fee will be reduced to \$371.25 and the total prize pool would then become \$3093.75 and all winner's winning amounts would be reduced slightly.

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