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LOTTERY SYSTEM BASED ON SPORTING EVENTS

  • US 20090011813A1
  • Filed: 05/27/2005
  • Published: 01/08/2009
  • Est. Priority Date: 05/27/2004
  • Status: Abandoned Application
First Claim
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1. A method of conducting a lottery using sporting events as a basis of defining winning conditions for the lottery, said method comprising the steps of:

  • a) identifying a group of scheduled sporting events;

    b) associating the group of sporting events with a lottery competition;

    c) defining a plurality of parameters comprising predictions to be made by a lottery participant with respect to the win/loss outcomes of the group of sporting events;

    d) charging a fee to participate in the lottery competition;

    e) providing a prediction request to the participant to enable reporting of the predictions made by the participant regarding will/loss outcomes of the sporting events;

    f) assigning award amounts to the participants that are at least partially successful in predicting a majority of sporting event outcomes, said amounts being based on a total of fees paid by the participants in the lottery competition; and

    g) carrying awards over to a next game if no participant fulfills the winning conditions.

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