This invention discloses a decentralized
system and method for lottery and betting events using single-transaction participation on a
distributed ledger network (e.g., a
blockchain). Each participant merges
payment and selections into a single on-chain
record, either a
Lottery Ticket Transaction (LTT) or a Betting
Ticket Transaction (BTT), thereby reducing complexity. Outcomes can be determined on-chain via a random generator or off-chain via external oracles or AI-based processes, with authorized wallets submitting verified results. The
system automatically allocates multi-tiered prizes and can be configured with fixed or dynamic pricing, bridging, token swapping, or fallback scenarios. A pseudonymous mechanism preserves
user privacy while maintaining transparent, immutable records. By eliminating separate
payment and selection steps, the invention streamlines lottery and wagering operations, supports cross-chain
interoperability, and scales effectively for both large- and small-scale game businesses. Optional AI modules, compliance interfaces, and zero-knowledge proofs further enhance fairness, security, and adaptability across diverse commercial contexts.