Lottery transaction mechainsm

摘要

Described are a number of mechanisms that can reduce transaction costs and increase the economic viability of a number of products. Included is a combination instant lottery ticket and debit card that makes it possible to issue prepaid debit cards having a relatively low monetary value. Also included is a combination on-line ticket/receipt and debit card that can automate the prize paying process, simplifying the retailers responsibilities while reducing the potential for fraud. Various cash flow and authentication techniques such as age and location verification, nano payment methods and spam filters based on these mechanisms are also described. In addition, instant lottery tickets, and in particular, losing tickets can be provided with a small residual value by placing account information on the ticket. In another version, a lottery ticket can be combined with a payment card that operates as a closed payment system whereby the payment card can only be used with a specified vendor.

主权项

1. A card comprising:
a lottery ticket portion; a defined value portion having a first predetermined value; and an account number applied to said defined value portion wherein; said account number identifies an account having a value that includes said first predetermined value with at least a portion of the winning amount of said lottery ticket portion; and, said account number linked to extra security code data such that both account number and security code data can be applied to a cryptographic function enabling validation or activation of said account without any knowledge of physical logistics of distributing and selling said cards.