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Apparatus and method for dispensing prizes

  • US 20010034259A1
  • Filed: 01/24/2001
  • Published: 10/25/2001
  • Est. Priority Date: 09/13/1999
  • Status: Active Grant
First Claim
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1. A system for awarding prizes, the system comprising the following:

  • (A) at least one gaming device, the gaming device being adapted to allow a player to play a game and produce a predetermined prize qualifying event;

    (B) at least one prize; and

    (C) at least one vault, the vault being adapted to store and display the prize and dispense the prize after the predetermined prize qualifying event occurs, the vault comprising;

    (a) a housing;

    (b) a compartment in the housing, the compartment being adapted to hold the prize, the prize being removeably positioned in the compartment; and

    (c) a lock, the lock being adapted to limit removal of the prize from the compartment;

    wherein the player may directly view the actual prize that may be awarded to the player when the prize qualifying event occurs.

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