The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Dec. 18, 2012
Filed:
Oct. 13, 2009
Timothy B. Nyman, Bristol, RI (US);
Richard G. Finocchio, Everett, MA (US);
Richard S. Meehan, South Kingstown, RI (US);
Thomas K. Oram, Hudson, MA (US);
Timothy B. Nyman, Bristol, RI (US);
Richard G. Finocchio, Everett, MA (US);
Richard S. Meehan, South Kingstown, RI (US);
Thomas K. Oram, Hudson, MA (US);
GTECH Corporation, Providence, RI (US);
Abstract
A transaction card facilitates typical consumer transactions as well as transactions related to lottery offerings and can incorporate a reader terminal to associate lottery tickets with the transaction instrument. New gaming opportunities tied to the instrument are also facilitated, including a personalized guaranteed prize structure, a personalized and/or localized jackpot and an opportunity for winning additional prizes when making purchases using the instrument. The system according to one embodiment of the present invention provides at least a lottery data processing system for communicating a first funding amount to be applied to a multi-purpose transaction card based on winnings from a lottery offering, and a reader terminal for reading at least a portion of the transaction card, reading indicia on one or more gaming tickets, and associating the one or more gaming tickets with the transaction card. In one embodiment of the present invention, a custodian not associated with the winner or cardholder can derive non-transaction related earnings on the winnings without providing a fee to the cardholder.