# Prizes

How the prizes work and how they are calculated.

## Jackpot

The Jackpot is the prize awarded to the user who correctly predicts the outcome of all matches — 7 matches in *Ace the Brackets Elite 8* and 15 matches in *Ace the Brackets Sweet 16*.

If there are multiple winners, the jackpot will be proportionally divided among them.

### Jackpot Calculation

The Jackpot is calculated from the total number of entries in the game, with each entry costing $5 USDC, minus the protocol fee of $0.5 USDC.

For example, if a game has 10 submitted brackets, or 10 entries, the jackpot will be calculated as follows: 10 x $4.5 USDC = $45 USDC. Similarly, if a game has 30 entries, the jackpot will be $135 USDC, as this equates to 30 x $4.5 USDC.

Thus, the more entries a game has, the larger the jackpot will be.

### Jackpot Rollout

A key feature of the jackpot is that it rolls over to subsequent games. This means that if no user correctly predicts the outcome of all matches in a game, the jackpot will roll over to the next one. This process continues until a user successfully predicts all match results.

## High Score Prize

If no user correctly predicts all match outcomes in a game, 10% of the total entry amount for that game will be awarded to the user(s) with the highest number of correct predictions — hence the name *High Score Prize*.

Using the same examples above: if a game has 10 submitted brackets, or 10 entries, the High Score Prize will be calculated as follows: 10 x $0.5 USDC = $5 USDC. Similarly, if a game has 30 entries, the High Score Prize will be $15 USDC, as this equates to 30 x $0.5 USDC.

Following the same logic, the more entries, the higher the High Score Prize distributed if no one wins the jackpot.

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