Methods and apparatus wherein a lottery entry is included in a second lottery drawing based on a result of the lottery entry in a first lottery drawing

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6599186
SERIAL NO

09568484

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and process for generating, distributing, and processing lottery tickets guaranteed to win a drawing-based prize. Tickets are appropriately priced, and are validated at point of sale by a central server in which the ticket information is stored. Subsequent to each lottery drawing, the winning lottery numbers are compared to the entries in a never-lose ticket database to determine if any of the entries match the winning number. Winning entries are appropriately identified and tagged as inactive, while entries that have not yet won a drawing-based prize remain active for future drawings. Ticket pricing methodology is provided for appropriately pricing never-lose tickets. A method and apparatus are further provided whereby a ticket holder may query the status of a never-lose ticket directly from the server.

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Patent Owner(s)

  • INVENTOR HOLDINGS, LLC;WALKER ASSET MANAGEMENT LIMITED PARTNERSHIP

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Jorasch, James A Stamford, CT 1157 99708
Sparico, Thomas M Riverside, CT 167 20331
Walker, Jay S Ridgefield, CT 1531 124413

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