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Apparatus and method for dispensing prizes

  • US 7,736,227 B2
  • Filed: 01/19/2005
  • Issued: 06/15/2010
  • Est. Priority Date: 09/13/1999
  • Status: Expired due to Fees
First Claim
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1. A system for awarding prizes, comprising:

  • a gaming device presenting a game of chance in response to a wager, the gaming device capable of producing a prize qualifying event in response to a winning outcome in the game of chance;

    a vault coupled to the gaming device, the vault comprising;

    a housing having a transparent cover,a rotating tray positioned within the housing and visible through the transparent cover, the rotating tray having a substantially vertical axis of rotation,a plurality of partitions dividing the rotating tray into a plurality of compartments,a tangible prize located within each compartment that may be distributed to a player on occurrence of the prize qualifying event,a secured door coupled to the housing, the secured door having an open position for accessing the compartment and a closed position for securing the tangible prize within each compartment, anda central processing unit in communication with the gaming device and the vault, the central processing unit dispensing a prize upon the occurrence of the prize qualifying event; and

    a central computer in communication with the vault, the central computer monitoring the vault and verifying the prize qualifying event.

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  • 5 Assignments
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