It will take time, but sooner or later someone surely will win!
GBBG deposits 12% of their revenue into each pool, (25K Pool, 50K Pool and 100K Pool )
When the BTC balance of any pool grows to a point that it is equal to the prize value in USD, they will conduct a drawing within 24 hours and award a winner. Then, they will reset that specific pool balance and all Entries for that pool to zero.
When a winner is chosen, their member ID number will appear on the Winners Page. They will contact them and immediately begin the process of awarding their prize. The winner will visit any new car dealership and select any brand-new vehicle they desire, with a total price (including tax and delivery) up to the prize amount. They will then arrange terms with the dealership to pay for the vehicle and deliver it to the winner.
In addition ENTRIES = GBBG POINTS = CASH MONEY!Every entry also earns a GBBG Point for us. They transfer points to bitbillions.com on the 25th of each month. GBBG then uses these points to determine our share of the bitbillions.com Monthly Revenue Sharing Pools.
@Eternity, please read more about the ad site here: https://bitcointalksearch.org/topic/new-btc-ptc-site-where-you-can-win-a-car-of-your-dreams-301514@Vod,
http://www.iwantacar.com/ is an ad site, not a lottery site
@monbux, why a legitimate, major organization dealing with Bitcoins would give part of their profits to escrow services
BitBillions and every other Bitbillions project, such as iwantacar and bitfeud, have inside the membership area a page named
100% transparency. GBBG provides there their accounting method and give addresses of their various profits pools. These pages are updated daily from previous day revenues.
As you hopefully know, bitcoin blockchain is 100% transparent. Therefore, evey member can copy/paste the bitcoin address of any of these pools into ANY blockchain explorer and verify the balance themselves.
And as to that ponzi, this is copied from BitBillions blog post from August 1, 2013:
"We also have been dealing with another major hurdle. A while back, our banking system, our payment processors, and gofundme called our operation into question. They were concerned about our bitcoin involvement and also concerned we may be a Ponzi or Pyramid scheme. The banking system froze our funds and required us to submit a ton of documentation and evidence that we are a legitimate operation. This took until yesterday to complete. So, this further delayed our development.
We are proud to announce that we have fully satisfied the requirements necessary to prove our organization is legitimate, and now we have full banking, payment processing, and cash management flowing as should be. "