System and method for enabling users of gaming activities to automate their tax deductible and charitable contributions

• US 20020111815A1
• Filed: 02/09/2001
• Published: 08/15/2002
• Est. Priority Date: 02/09/2001
• Status: Abandoned Application

• Current Assignee: International Business Machines Corporation
• Original Assignee: International Business Machines Corporation
• Inventors: Smith, Gordon James
• Application Number:
  US09/781,010
• Publication Number:
  US 20020111815A1
• Time in Patent Office: Days
• US Class Current: 705/1
• CPC Class Codes: G06Q 30/0279 Fundraising management
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/123 Tax preparation or submission

Abstract

A business method and system for making charitable contributions allows users of gaming systems, such as games of chance, to automatically improve their odds of winning or potential payout amount. The system enables gaming system users to designate a portion of their funds or net proceeds from gaming activities to be donated to charity of their choice. The donations are automatically made and funded to authorized charities or non-profit organizations and the balance of the net proceeds are distributed to the players. In addition, the system also complies with any Internal Revenue Service reporting that is required by law.

Claims

1. A method of automating contributions in a gaming system, said method comprising:

(a) prompting a user with a gaming option;

(b) enabling the user to pledge a contribution to an organization;

(c) permitting the user to make a wager and partake in the gaming option; and

(d) automatically making the contribution to the organization based on the pledge of step (b) and the results of step (c).

2. The method of claim 1 wherein step (b) further comprises allowing the user to select the organization.

3. The method of claim 1 wherein step (b) further comprises allowing the user to select a size of the contribution.

4. The method of claim 1 wherein the gaming option has a first odds of winning in step (a), and a second odds of winning based on the pledge of step (b).

5. The method of claim 1 wherein an odds of winning the gaming option is related to the pledge of step (b).

6. The method of claim 1 wherein the gaming option has a first payout in step (a), and a second payout based on the pledge of step (b).

7. The method of claim 1 wherein a payout for winning the gaming option is related to the pledge of step (b).

8. The method of claim 1, further comprising the step of accumulating contributions for the user during a series of gaming activities.

9. The method of claim 1, further comprising the step of automatically providing information regarding the gaming option and the contribution to the Internal Revenue Service.

10. The method of claim 1 wherein step (b) is satisfied by personal funds of the user.

11. The method of claim 1 wherein a distribution of the contribution is contingent upon the user winning the gaming option.

12. The method of claim 1 wherein the contribution is funded from net proceeds of the gaming system.

14. The method of claim 13 wherein step (b) further comprises allowing the user to select the charitable organization and a size of the charitable contribution.

15. The method of claim 13, further comprising the step of accumulating charitable contributions for the user during a plurality of gaming activities.

16. The method of claim 13, further comprising the step of automatically providing information regarding the game of chance and the charitable contribution to the Internal Revenue Service.

17. The method of claim 13 wherein step (b) is satisfied by personal funds of the user.

18. The method of claim 13 wherein the charitable contribution is funded from net proceeds of the gaming system.

20. The method of claim 19, further comprising the step of accumulating charitable contributions for the user during a plurality of gaming activities.

13. A method of automating charitable contributions in a gaming system, said method comprising:

(a) prompting a user with a game of chance having a first incentive selected from the group consisting of a first odds of winning and a first payout;

(b) enabling the user to pledge a charitable contribution to a charitable organization;

(c) overriding the first incentive with a second incentive selected from the group consisting of a second odds of winning and a second payout, wherein the second incentive is greater than the first incentive;

(d) permitting the user to make a wager and play the game of chance; and

(e) automatically making the charitable contribution to the charitable organization when the user prevails in the game of chance.

19. A method of automating charitable contributions in a gaming system, said method comprising:

(a) prompting a user with a game of chance having a first incentive selected from the group consisting of a first odds of winning and a first payout;

(b) allowing the user to select a charitable organization;

(c) enabling the user to pledge a charitable contribution to the charitable organization;

(d) overriding the first incentive with a second incentive selected from the group consisting of a second odds of winning and a second payout, wherein the second incentive is greater than the first incentive;

(e) permitting the user to make a wager and play the game of chance; and

(f) automatically making the charitable contribution to the charitable organization from net proceeds of the user when the user prevails in the game of chance.