Doing some research on decentralized gambling and we all know about the dice sites, but has there been any lottery applications or websites that take in users funds and then redistribute them back out if they guess the numbers correctly whereby winning other users money?
If so, how big did the jackpots get in this scenario?
What are the regulations behind running a public lottery in Bitcoin/altcoin?
Which one is the longest running lottery bitcoin site thus far?
Have there been solutions to create a decentralized lottery system where the middle man is not needed?