System and method for tracking game of chance proceeds
View Patent ↗A system and method for tracking game of chance proceeds are provided. The invention includes a point of sale computer electronically communicating registered player purchase information to a sponsor computer. The invention further includes a sponsor computer calculating a registered player set aside based upon the registered player purchase information. The invention further includes the sponsor computer electronically communicating registered player set aside to an account manager with the account manager maintaining registered player account for the benefit of the registered player. The registered player accounts can be personal retirement accounts, medical savings accounts, real estate investment accounts, small business investment accounts and/or educational savings accounts. The invention further comprises methodologies and tools for facilitating game of chance proceed tracking.
1. In a computer environment, a method for establishing a registered player set aside and registered player account, comprising:
receiving identification from a player;
determining whether the identification is valid;
obtaining the player's authorization to establish a registered player account;
registering the player;
establishing a registered player set aside; and,
establishing a registered player account, the registered player set aside increased by a predetermined portion of a registered player's purchase, the registered player set aside transferred to the registered player account, once the registered player's set aside amount reaches a predetermined threshold level in a predetermined period of time.
2. The method of claim 1 , the registered player account is at least one of a personal retirement account, a medical savings account, a real estate investment account, a small business investment account and an education savings account.
3. The method of claim 1 , the registered player account includes an account value and at least one of registered player identification number, registered player name, registered player address, registered player telephone number and registered player social security number.
4. The method of claim 1 , the purchase is a game of chance item associated with a state-sponsored lottery.
5. The method of claim 1 , the purchase is a game of chance item associated with a government agency.
6. The method of claim 1 , the purchase is a game of chance item associated with a private business.