£500 Cash Drop
Five hundred quid, straight to your bank. Odds of 1 in 625.
Closes Sat 10 Oct, 10:49pm
…Prize
£500
Includes 0 free postal entries. The draw happens on the closing date, sold out or not.
Where your £2 goes
How we work this out80p
pays for this prize
10p
pushes the paperclip
£1.10
runs Payperclip
See the full split, to the pennyHide the full split
- £0.80
The prize
Repays the prize, which was paid for and banked before this draw opened.
- £0.10
Next prize
Pushes the paperclip: goes into the Ladder Fund for the next rung.
- £0.33
Safety net (pre-VAT)
We're below the VAT threshold, so this slice builds our Prize Safety Net and covers launch costs. It becomes VAT the day we register.
- £0.12
Payment & platform fees
Card processing, the website and age checks.
- £0.16
Running Payperclip
Live draws, support, legal and accounts.
- £0.24
Marketing
So more people join and the ladder climbs faster.
- £0.04
Prize Safety Net
A reserve that backs every guarantee. Balance published on the transparency page.
- £0.21
Profit
We're a business. We'd rather tell you than hide it.
Per £2 ticket. “Runs Payperclip” is everything that isn't a prize: the pre-VAT safety net, fees, running costs, marketing, the Prize Safety Net and profit. Shares are rounded to the penny; profit is whatever is left so the total always adds up exactly.
The prize
£500 cash, paid by bank transfer.
A Side Trade: 5p of every ticket goes into the Ladder Fund.
Draw facts
- Ticket price
- £2
- Maximum entries
- 625
- Odds if it sells out
- 1 in 625
- Maximum per person
- 50 (paid and free combined)
- Opens
- Fri 2 Oct, 10:49pm
- Closes
- Sat 10 Oct, 10:49pm
- Prize backed by
- Payperclip (already banked)
- Draw method
- Live-streamed, winner picked by RANDOM.ORG
Independently drawn
How the winner is picked
We don't pick the winner. RANDOM.ORG, an independent true random number service, picks a number from 1 to the number of entries, live on the stream.
- This draw's RANDOM.ORG ticket was created when sales opened, and it can only ever be used once. So the draw can't be re-run until we like the answer.
- The full entry list is published before the draw, and its fingerprint is sealed into RANDOM.ORG's result.
- The result comes back digitally signed by RANDOM.ORG. We publish it here, with a button to check it on RANDOM.ORG yourself.
RANDOM.ORG ticket: test-b2b27e20e449686c (test mode)
How verification works