Method and apparatus for operating lotteries and for generating and processing lottery entries

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6908382
SERIAL NO

10623046

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ATTORNEY / AGENT: (SPONSORED)

Importance

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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)

Patent OwnerAddress
INVENTOR HOLDINGS LLC2 HIGH RIDGE PARK STAMFORD CT 06905

International Classification(s)

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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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