# Inspiration

The global online lottery market reached a value of US$ 9.61 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.35 Billion by 2027, exhibiting a CAGR of 6.50% during 2022-2027\[1]. As we know, the cryptocurrency market also does not stop and growing fast. These conditions allow to moving from traditional centralazed applications Web2 to Web3.

The lottery is one of the most regulated spheres, because at the each stage fraud is possible. Unfortunately, in the online lotteries the things look most badly. The smart contracts and blockchain help us to create honest and strong systems and we can use this.&#x20;

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The Crypto Lottery project goal is to take part in the global lottery online market and will be a leader in the crypto lottery market.
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<figure><img src="/files/wtIfJv6rx3WMwTCaQFdO" alt=""><figcaption></figcaption></figure>

> \[1]. Online Lottery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 (<https://www.imarcgroup.com/online-lottery-market>)


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