High-return lottery process and system

Claim 2

An arrangement comprising: first means operative to issue at least one lottery ticket to each of a plurality of individual entities; each individual entity paying a certain relatively small amount of money for each such lottery ticket; each individual entity becoming a holder of at least one lottery ticket; each lottery ticket bearing a unique identification code; each lottery ticket representing to its holder a dollar-equivalent value; second means functionally connected with the first means and operative to invest, in various financial instruments, at least a substantial portion of the money received by the first means, thereby to receive a flow of financial earnings; the financial earnings varying from time-to-time; third means functionally connected with the first means and the second means; the third means being operative to: (i) receive a flow of disbursement funds from the second means; (ii) receive and keep record of the unique identification codes of the lottery tickets issued by the first means; (iii) during each one of plural sequential time periods, randomly choose one of the recorded unique identification codes; (iv) for each such time period, accredit a relatively large amount of funds to the holder of the lottery ticket bearing the unique identification code chosen for that period; (v) inform the various individual entities of the chosen identification code; and (vi) effectively transfer possession of said relatively large amount of funds to the holder of the lottery ticket bearing the chosen identification code; whereby the dollar-equivalent value of each of the relatively large amounts of funds accredited to the holders of lottery tickets bearing chosen unique identification codes will vary from time-to-time, being --for each given period --substantially proportional to the amount of financial earnings having been received by the second means for that given period.

Claim 3

The arrangement of claim 1 wherein a lottery ticket has value only by virtue of representing a recurring chance for its holder to become a recipient of a substantial sum of money.

Claim 4

The arrangement of claim 1 wherein: (i) each lottery ticket carries a specified face value; and (ii) each holder of a lottery ticket, on a probabilistic basis and for each ticket held, receives a rate-of-return commensurate with the face value of that ticket.

Claim 5

The arrangement of claim 3 wherein said rate-of-return varies from time-to-time.

Claim 6

The arrangement of claim 1 wherein a lottery ticket has a dollar-equivalent value that varies from time-to-time, being at any given time a function of: (i) the probability at that given time of its holder becoming the recipient of a large amount of money; and (ii) the particular dollar-equivalent value of this large amount of money at that given time.

Claim 7

An arrangement comprising: first entity operative to sell at a given price, without any commitment to buy back at that price, lottery ticket means in exchange for money; an individual lottery ticket means having a unique identification code and being issued in exchange for a specific but relatively small amount of money; plural individual entities functionally related to the first entity; each individual entity having money and being operative to transfer to the first entity said specific relatively small amount of money in exchange for an individual lottery ticket means, thereby causing: (i) the first entity to cumulate a relatively large amount of money including the sum of numerous specific relatively small amounts of money; and (ii) the plural individual entities to become holders of numerous lottery ticket means, each having a unique identification code; second entity functionally related to the first entity and operative to utilize the cumulated money such as to obtain therefrom a substantially continuous flow of profits; and third entity functionally related to the plural individual entities as well as to the first entity and the second entity, the third entity: (i) receiving disbursement funds from the second entity; (ii) receiving information relative to the identification codes of all lottery ticket means issued by the first entity; (iii) maintaining record of the all the unique identification codes thus issued; (iv) having random choice means operative to choose randomly from among the numerous unique identification codes of record; (v) choosing by said random choice means at least one of the numerous unique identification codes; (vi) effectively accrediting a substantial amount of funds to the chosen unique identification code; (vii) informing the plural individual entities of the chosen unique identification code; and (viii) effectively transferring possession of said substantial amount of funds to the individual entity holding the lottery ticket means having the chosen unique identification code.

Claim 8

An arrangement comprising: first entity operative to sell at a given price, without any commitment to buy back at that price, lottery ticket means in exchange for money; an individual lottery ticket means having a unique identification code and being issued in exchange for a specific but relatively small amount of money; plural individual entities functionally related to the first entity; each individual entity having money and being operative to transfer to the first entity said specific relatively small amount of money in exchange for an individual lottery ticket means, thereby causing: (i) the first entity to cumulate a relatively large amount of money including the sum of numerous specific relatively small amounts of money; and (ii) the plural individual entities to become holders of numerous lottery ticket means, each having a unique identification code; second entity functionally related to the first entity and operative to utilize the cumulated money such as to obtain therefrom a substantially continuous flow of profits; and third entity functionally related to the plural individual entities as well as to the first entity and the second entity, the third entity: (i) receiving disbursement funds from the second entity; (ii) receiving information relative to the identification codes of all lottery ticket means issued by the first entity; (iii) maintaining record of the all the unique identification codes thus issued; (iv) having random choice means operative to choose randomly from among the numerous unique identification codes of record; (v) choosing by said random choice means at least one of the numerous unique identification codes; (vi) effectively accrediting a substantial amount of funds to the chosen unique identification code; (vii) informing the plural individual entities of the chosen unique identification code; and (viii) effectively transferring possession of said substantial amount of funds to the individual entity holding the lottery ticket means having the chosen unique identification code.

Claim 9

The arrangement of claim 6 wherein the disbursement funds is derived from the flow of profits.

Claim 10

The arrangement of claim 6 wherein the costs associated with operating the complete arrangement are derived from the flow of profits.

Claim 11

An arrangement comprising: issuing and receiving means operable to issue a lottery ticket means in exchange for an amount of money received; the lottery ticket means having a unique identification code; plural individual entities, each operable to provide an amount of money to the issuing and receiving means and to obtain a uniquely coded lottery ticket means in exchange therefor, thereby bringing into existence a situation whereby: (i) the plural individual entities have obtained a large number of lottery ticket means; (ii) there are numerous owners of lottery ticket means; and (iii) a very large number of lottery ticket means are owned; utilization and profit-generating means operable to obtain from the issuing and receiving means the amounts of money received by it; the utilization and profit-generating means being operable to utilize the amounts of money obtained from the issuing and receiving means such as to generate a substantially continuous flow of profits therefrom; and random choice and disbursing means operable: (a) to receive from the receiving and issuing means information with respect to the unique identification code of each issued lottery ticket means; (b) to obtain a flow of disbursement funds from the utilization and profit-generating means; and (c) for each one of a plurality of periods: (i) to randomly select the identification code of one of the very large number of issued lottery ticket means; (ii) to accredit the lottery ticket means having the selected identification code with a relatively large amount of money; (iii) to inform the numerous owners of lottery ticket means of the selected identification code; and (iv) to effectively transfer ownership of the relatively large amount of money to the owner of the lottery ticket means having the selected identification code; whereby the dollar-equivalent value of the relatively large mount of money will vary from period to period, being --for any given period --a function of the amount of profits having been generated by the utilization and profit-generating means over that given period.

Claim 12

An arrangement comprising: issuing and receiving means operable to issue a lottery ticket means in exchange for an amount of money received; the lottery ticket means having a unique identification code; plural individual entities, each operable to provide an amount of money to the issuing and receiving means and to obtain a uniquely coded lottery ticket means in exchange therefor, thereby bringing into existence a situation whereby: (i) the plural individual entities have obtained a large number of lottery ticket means; (ii) there are numerous owners of lottery ticket means; and (iii) a very large number of lottery ticket means are owned; utilization and profit-generating means operable to obtain from the issuing and receiving means the amounts of money received by it; the utilization and profit-generating means being operable to utilize the amounts of money obtained from the issuing and receiving means such as to generate a substantially continuous flow of profits therefrom; and random choice and disbursing means operable: (a) to receive from the receiving and issuing means information with respect to the unique identification code of each issued lottery ticket means; (b) to obtain a flow of disbursement funds from the utilization and profit-generating means; and (c) for each one of a plurality of periods: (i) to randomly select the identification code of one of the very large number of issued lottery ticket means; (ii) to accredit the lottery ticket means having the selected identification code with a relatively large amount of money; (iii) to inform the numerous owners of lottery ticket means of the selected identification code; and (iv) to effectively transfer ownership of the relatively large amount of money to the owner of the lottery ticket means having the selected identification code; whereby the dollar-equivalent value of the relatively large mount of money will vary from period to period, being --for any given period --a function of the amount of profits having been generated by the utilization and profit-generating means over that given period.

Claim 13

The arrangement of claim 9 wherein the issuing and receiving means includes a credit card organization.

Claim 14

The arrangement of claim 9 wherein the utilization and profit-generating means includes a mutual funds organization.

Claim 15

The arrangement of claim 9 wherein the utilization and profit-generating means invests at least part of the amounts of money obtained from the issuing and receiving means in corporate capital stock, thereby receiving dividends.

Claim 16

The arrangement of claim 9 wherein the utilization and profit-generating means invests at least part of its funds in a mutual funds organization.

Claim 17

An arrangement comprising: first means operative, in exchange for amounts of money entities, each of these individual entities becoming a holder of a lottery ticket; each lottery ticket bearing a unique identification code; second means functionally connected with the first means and operative to utilize the money received by the first means in such manner as to derive profits therefrom; and third means functionally connected with the first means and the second means, the third means being operative to: (i) receive disbursement funds from the second means; (ii) receive and keep record of the unique identification codes of the lottery tickets issued by the first means; (iii) from time-to-time, randomly choose one of the recorded unique identification codes; (iv) effectively accredit a substantial sum of money to the holder of the lottery ticket bearing the chose identification code; (v) inform the various individual entities of the chosen identification code; and (vi) effectively transfer possession of said substantial sum of money to the holder of the lottery ticket bearing the chosen identification code; whereby a lottery ticket has value only by virtue of representing a recurring chance for its holder to become a recipient of a substantial sum of money.

Claim 18

An arrangement comprising: first means operative, in exchange for amounts of money entities, each of these individual entities becoming a holder of a lottery ticket; each lottery ticket bearing a unique identification code; second means functionally connected with the first means and operative to utilize the money received by the first means in such manner as to derive profits therefrom; and third means functionally connected with the first means and the second means, the third means being operative to: (i) receive disbursement funds from the second means; (ii) receive and keep record of the unique identification codes of the lottery tickets issued by the first means; (iii) from time-to-time, randomly choose one of the recorded unique identification codes; (iv) effectively accredit a substantial sum of money to the holder of the lottery ticket bearing the chose identification code; (v) inform the various individual entities of the chosen identification code; and (vi) effectively transfer possession of said substantial sum of money to the holder of the lottery ticket bearing the chosen identification code; whereby a lottery ticket has value only by virtue of representing a recurring chance for its holder to become a recipient of a substantial sum of money.

Claim 19

The arrangement of claim 14 wherein part of said profits is utilized by the second means for generating still additional profits.

Claim 20

The arrangement of claim 15 wherein said recurring chance occurs periodically, each time causing a lottery ticket holder to become the recipient of a substantial sum of money.

Claim 21

The arrangement of claim 15 wherein: (i) each said substantial sum of money has a value; and (ii) the value, as compared on basis of a predetermined reference level, increases from time-to-time.

Claim 22

An arrangement comprising: first means operative, in exchange for amounts of money received, to issue lottery tickets to various individual entities; each of the individual entities becoming a holder of a lottery ticket; each lottery ticket bearing a unique identification code; second means functionally connected with the first means and operative to invest the money received by the first means in financial instruments, thereby to derive a substantially continuous stream of profits in the form of dividends and/or interest; third means functionally connected with the first means and the second means, the third means being operative to: (i) receive disbursement funds from the second means; (ii) receive and keep record of the unique identification codes of the lottery tickets issued by the first means; (iii) for each one of numerous time periods, randomly choose one of the recorded unique identification codes; (iv) for said each one time period, accredit a substantial sum of money to the lottery ticket bearing the chosen identification code; (v) inform the various individual entities of the chosen identification code; and (vi) effectively transfer possession of said substantial sum of money to the holder of the lottery ticket bearing the chosen identification code; whereby a lottery ticket represents a recurring chance for its holder to become a recipient of a substantial sum of money; the dollar-equivalent value of such substantial sum of money being apt to vary from time-to-time; being for a given period different from that of another period mainly as a result of a difference in the cumulated stream of profits for that given period versus that for said another period.

Claim 23

An arrangement comprising: first means operative, in exchange for amounts of money received, to issue lottery tickets to various individual entities; each of the individual entities becoming a holder of a lottery ticket; each lottery ticket bearing a unique identification code; second means functionally connected with the first means and operative to invest the money received by the first means in financial instruments, thereby to derive a substantially continuous stream of profits in the form of dividends and/or interest; third means functionally connected with the first means and the second means, the third means being operative to: (i) receive disbursement funds from the second means; (ii) receive and keep record of the unique identification codes of the lottery tickets issued by the first means; (iii) for each one of numerous time periods, randomly choose one of the recorded unique identification codes; (iv) for said each one time period, accredit a substantial sum of money to the lottery ticket bearing the chosen identification code; (v) inform the various individual entities of the chosen identification code; and (vi) effectively transfer possession of said substantial sum of money to the holder of the lottery ticket bearing the chosen identification code; whereby a lottery ticket represents a recurring chance for its holder to become a recipient of a substantial sum of money; the dollar-equivalent value of such substantial sum of money being apt to vary from time-to-time; being for a given period different from that of another period mainly as a result of a difference in the cumulated stream of profits for that given period versus that for said another period.