Patent ID: 7963840

Claim:
A computer-implemented method of conducting a lottery using a computer and software executable on the computer, the computer-implemented method comprising the steps of: a. executing on the computer instructions to offer a plurality of chances through an organizing body; b. providing to each one of a plurality of participants one or more of the plurality of chances to win the lottery in exchange for money; c. executing on the computer instructions to conduct a drawing to identify one or more winning chances from among the plurality of chances; d. transferring all or a first portion of established compensation from the organizing body to at least one of the one or more participants who received at least one of the one or more winning chances; e. requiring the at least one of the one or more participants to return a second portion of the established compensation to the organizing body, wherein the second portion is less than the all or the first portion transferred in step (d); f. transferring all or a third portion of the returned second portion to a sustaining pool; and g. repeating steps (a)-(f), wherein some or all of the established compensation in repeated step (d) is from the sustaining pool.