Amusement devices: games – Including means for processing electronic data – In a chance application
Reexamination Certificate
2005-01-11
2005-01-11
O'Neill, Michael (Department: 3713)
Amusement devices: games
Including means for processing electronic data
In a chance application
Reexamination Certificate
active
06840857
ABSTRACT:
A method of conducting a lottery wherein lottery participants may choose to purchase insured lottery tickets is disclosed. The insurance purchased with an insured ticket guarantees that if the insured ticket turns out to be a winning ticket, the purchaser is entitled to his share of the jackpot immediately, rather than being forced to accept a smaller amount immediately or the full amount in installments over time. In a particular embodiment, insurance may be purchased that guarantees a winner will immediately be paid, in addition to his share of the jackpot, an additional amount equal to at least a portion of the income or other taxes payable on the jackpot.
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O'Neill Michael
Schmeiser Olsen & Watts LLP
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