> For the complete documentation index, see [llms.txt](https://tulip-game.gitbook.io/tulip-game/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tulip-game.gitbook.io/tulip-game/jackpot-rules.md). # Jackpot Rules After an initial bid for 70,000,000 $TLIP, each subsequent bid will increase by a fixed amount of 70,000,000 $TLIP.📈 If the chest held by a user is outbid, the TLIP spent will be refunded. Out of the added bid amount (70,000,000 $TLIP), 25% will go to the previous chest holder, 50% will be automatically converted into ETH and added to the prize pool, 15% will go to the team, and10% will be destroyed ("burned"). 💥 When a chest owned by a person is contested and the person's TLIP is spent, the TLIP spent will be refunded, and 25% of the bidding amount (70,000,000 $TLIP) will be awarded to the chest holder. 50% will be automatically converted to ETH and entered into the jackpot, 15%will go to the team, and 10% will be destroyed in the black hole. -Example: User A spends 70,000,000 $TLIP to get the chest. User B then spends 140,000,000 $TLIP to outbid for the chest. As a result, User A will receive 87,500,000 $TLIP. Of this, 35,000,000 $TLIP will be automatically converted into ETH and added to the jackpot, 10,500,000 $TLIP will go to the team, and 7.000000 $TLIP will be destroyed.🕳️ The countdown for the chest contest is 6 hours. Every time a bidding contest is completed the countdown will be reset.⏱️ lf the countdown reaches zero, 80% of the ETH in the jackpot will go to the last bidder, and the remaining 20% will be entered into the next round. The game will be reset and restarted.🕚 --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://tulip-game.gitbook.io/tulip-game/jackpot-rules.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.