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Progressive wager game

a progressive wagering and game technology, applied in the field of chance games, can solve the problems of loss of total revenues, loss of overall income, interest loss, etc., and achieve the effect of increasing the amount of the potential cash priz

Inactive Publication Date: 2007-03-15
YALDOO STEVE PETER +1
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

[0012] In accordance with the present invention a method for operating a lottery style game of chance is provided that offers a player the opportunity to parlay their previous cash prize winnings into larger potential cash prize winnings. The method is comprised of the following steps: having a player select a number from a group of numbers, randomly generating a winning number from the group of numbers for a given drawing period, comparing the selected number with the winning number for the given drawing period, allowing the player to continue the game if the selected number matches the winning number for the given drawing period, and increasing the amount of the potential cash prize if the number the player selected continues to match the randomly generated winning number during the course of consecutive drawing periods.

Problems solved by technology

However, as with any lottery style game of chance, interest in the new game is very high at first, but then begins to wane over time leading to a loss of overall income.
The stream of income over five minute intervals may still remain, but the total revenues begin to fall with a loss of interest.

Method used

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Examples

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Embodiment Construction

[0018] Referring now to the drawings, a preferred illustrative embodiment of the present invention is shown in detail. Although the drawings represent an embodiment of the present invention, the drawings are not necessarily to scale and certain features may be exaggerated to better illustrate and explain the present invention. Further, the embodiment set forth herein is not intended to be exhaustive or otherwise to limit or restrict the invention to the precise forms and configurations shown in the drawings and disclosed in the following detailed description.

[0019] Illustrated in FIG. 1 is an example of what a typical lottery wager slip 10 may resemble according to an embodiment of the present invention. Included within wager slip 10 are a number of fields that may be marked by the player to indicate his or her lottery gaming intentions to a licensed lottery retailer. In this particular embodiment, the player may participate in the lottery game of chance by employing alternative me...

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Abstract

A method for operating a lottery style game of chance that offers a player the opportunity to parlay their previous cash prize winnings into larger potential cash prize winnings is provided. The method is comprised of the following steps: having a player select a number from a group of numbers, randomly generating a winning number from the group of numbers for a given drawing period, comparing the selected number with the winning number for the given drawing period, allowing the player to continue the game if the selected number matches the winning number for the given drawing period, and increasing the amount of the potential cash prize if the number the player selected continues to match the randomly generated winning number during the course of consecutive drawing periods.

Description

CROSS REFERENCE TO RELATED APPLICATIONS [0001] Not Applicable STATEMENT REGARDING FEDERALLY SPONSORED RESEARCH OR DEVELOPMENT [0002] Not Applicable INCORPORATION-BY-REFERENCE OF MATERIAL SUBMITTED ON COMPACT DISC [0003] Not Applicable BACKGROUND OF THE INVENTION [0004] 1. Field of the Invention [0005] The present invention relates generally to games of chance and, more particularly, to a lottery based game of chance that allows a player the option to retain a cash prize from winning a lottery game or the opportunity to relinquish the cash prize in exchange for the chance to win a larger cash prize. [0006] 2. Background Art [0007] Games of chance, especially lottery style games of chance, have been in existence for many years. Generally, these lottery games are under the control of a state or a number of states. The revenues generated from lottery style games of chance are typically shared with the public school systems within the state as a means of subsidizing the cost of programs ...

Claims

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Application Information

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IPC IPC(8): A63F9/24
CPCG07C15/00G07F17/3258G07C15/006
Inventor YALDOO, STEVE PETERYALDOO, KEVIN DAVID
Owner YALDOO STEVE PETER
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