Multiple pricing in a lottery based on variable ratios

Details Multiple pricing in a lottery based on variable ratios Multiple pricing in a lottery based on variable ratios

2004-06-25

2009-12-22

Suhol, Dmitry (Department: 3714)

Amusement devices: games

Including means for processing electronic data

In a chance application

C463S026000, C463S027000, C273S139000

Reexamination Certificate

active

07635302

ABSTRACT:
A method of multiple pricing for a predetermined or progressive single jackpot in a single lottery game is disclosed. For instance, a lottery ticket purchased for one dollar can result in a ten million dollar win, a lottery ticket purchased for two dollars can result in a twenty million dollar win, a lottery ticket purchased for three dollars can result in a thirty million dollar win, etc. Further, different winnings increments can be used. For instance, the three-dollar ticket can result in a forty million dollar win to induce the purchase of higher-priced tickets. The potential distributions can be established according to a constant ratio, a variable ratio, or a combination of a constant ratio and a variable ratio. In addition, the lottery prize can also be a variable prize that progressively increases with a percentage of each ticket sold. The prizes are won from a single pool.

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