Method and apparatus for jackpot progression based on mathematical expectancy for wins at each price point
US8540568B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 22, 2010 |
| Grant date | Sep 24, 2013 |
| Priority date | — |
| Expiry date | Feb 25, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F17/329
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A process provides a multi-priced lottery game with a first price point and a second price point such that (i) the first price point corresponds to a first known potential fixed prize and a first known potential percentage of a progressive prize and (ii) the second price point corresponds to a second known potential fixed prize and a second known potential percentage of the progressive prize. The second price point is greater than the first price point. The second known potential fixed prize is greater than the first known potential fixed prize. The second known potential percentage of the progressive prize is greater than the first known potential percentage of the progressive prize. Further, the process provides a portion of ticket sales for the multi-priced lottery game to a prize management fund.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.