> For the complete documentation index, see [llms.txt](https://xkart-racing.gitbook.io/xkart-racing-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://xkart-racing.gitbook.io/xkart-racing-whitepaper/ecosystem/royalty-giveaways/jackpot-system.md).

# Jackpot system

Every time an NFT is bought from the marketplace, a timer starts for 1 hour. Within the next one hour, if there is no other NFT purchase made, the last buyer will be entitled to the jackpot. \
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Royalty collected from each sale of the NFT in the marketplace adds a cut(3%) to the jackpot. This will keep increasing the jackpot prize money.\
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In the instance of no NFT sale for an hour, the last buyer of an NFT will be declared the jackpot winner and they will receive 40% of the accumulated jackpot prize pool. 10% will be taken out to further market the jackpot system and the remaining 50% will be the starting amount for the next pot.