首页>
外国专利>
SYSTEM AND METHOD FOR UTILIZING RANDOM AND NON-RANDOM BASED OCCURENCES FOR PAYOUTS ON FINANCIAL INSTRUMENTS
SYSTEM AND METHOD FOR UTILIZING RANDOM AND NON-RANDOM BASED OCCURENCES FOR PAYOUTS ON FINANCIAL INSTRUMENTS
展开▼
机译:利用金融工具的付款的基于随机和非随机的出现率的系统和方法
展开▼
页面导航
摘要
著录项
相似文献
摘要
Disclosed is a debt repayment lottery/game system and method that allows a pool of players with existing loan debt such as student loans, mortgages, personal loans, credit card debt, automobile loans, boat loans, plane loans, investment loans, and other such debt. The winning payout is made to a third party versus the actual winner. Winner selection is based on various random and non-random factors. Each player is required to pay a fee that may be monetary or non-monetary to play in the lottery or other game. Such fees, or otherwise raised funds, are aggregated and pooled and are used, in part, to directly pay down the outstanding debt. There may be multiple winners depending on the amount of debt owed not necessarily the pool size. A safeguard or fail-safe mechanism prevents the player from purchasing more entries than debt owed.
展开▼