Patent ID: 12008540

Abstract:
A payment system is provided comprising a transponder, an associated account with account settings, and transponder reading equipment/systems for electronic toll collection and electronic entry into contests, sweepstakes, games, and/or lotteries. Methods are provided to facilitate use of a transponder, an account, and related transponder reading equipment to simultaneously pay a toll and facilitate purchase of a lottery ticket. An account may be debited for a toll and a contest, game, or lottery entry, and credited if one is won. The payment method and system may be used to purchase goods, such as gasoline, and to simultaneously electronically enter contests, sweepstakes, games, and/or lotteries. The purchase of goods/services with a vehicle-mounted transponder may also employ use of rounding amounts to facilitate the electronic purchase of game or lottery tickets or entry to other contests, games, or sweepstakes, wherein the rounding amounts may aggregate to comprise an award that may be won.