PoolMoney works in three simple steps:

1. Create or join a pool with a specified amount and duration
2. Wait for the pool duration to complete
3. A random winner is selected, and they receive the entire pool amount

Each pool has a specific duration (15 minutes, 30 minutes, 1 hour, 24 hours, or 72 hours) and a set contribution amount. All members contribute the same amount to ensure fairness.

To create a pool:

1. Go to your Account
2. Click on "Create New Pool"
3. Set the pool amount (how much each member will contribute)
4. Choose the duration (15min, 30min, 1hr, 24hrs, or 72hrs)
5. Submit and make your contribution

Once created, your pool will be visible to other users who can join it.

To join an existing pool:

1. Go to pools
2. Select a pool you're interested in
3. Click "Join Pool"
4. Confirm if you have the pool amount in your account.

Once you confirm, you're officially part of the pool and eligible to win.

The winner selection process is completely random and automated. When a pool's duration ends, our system randomly selects one member from all participants. This ensures complete fairness and equal opportunity for all members.

Our random selection algorithm is cryptographically secure. The system cannot be manipulated or influenced in any way.

PoolMoney offers five different pool durations:

• 15 minutes - Ultra-quick pools for immediate results
• 30 minutes - Quick pools for faster outcomes
• 1 hour - Standard short-term pools
• 24 hours - Daily pools (most popular)
• 72 hours - Extended pools for larger groups

Each duration has its own excitement factor and strategic advantages.

If you're selected as a winner, the entire pool amount will be automatically transferred to your PoolMoney account balance. You can then:

1. Use the balance to join other pools
2. Withdraw the funds to your mobile or bank account
3. There is option to transfer to all mobile money wallets

PoolMoney charges a small service fee of 10% on each pool's total amount. This fee helps us maintain and improve the platform while providing secure and reliable service.

For example, if a pool has 5 members each contributing $100, the total pool is $500, and the service fee would be $50. The winner would receive $450.

If a pool doesn't get participants by the end of its duration, it will still close as any other pool

1. The pool closes
2. The pool total amount is sent back to creator

You can track all your active pools. For each pool, you'll see:

• Current status (open or closed)
• Time remaining until closing
• Number of participants
• Total pool amount
• Service charge
• Winner information (once pool closes)