Blackhawk Network has patented a system allowing retailers to sell pre-printed lottery tickets for random draw lotteries through their POS without additional lottery hardware. Customers can purchase these tickets like any other product at the checkout. The method involves a third-party transaction processor activating the ticket and communicating with the lottery administration system. GlobalData’s report on Blackhawk Network gives a 360-degree view of the company including its patenting strategy. Buy the report here.
According to GlobalData’s company profile on Blackhawk Network, Transaction splitting was a key innovation area identified from patents. Blackhawk Network's grant share as of May 2024 was 32%. Grant share is based on the ratio of number of grants to total number of patents.
Selling pre-printed lottery tickets through retailer pos without lottery hardware
A recently granted patent (Publication Number: US11995959B2) outlines a method for providing a random draw lottery ticket through a third-party transaction processor. The process involves receiving a transaction request from a retailer point of sale (POS) to activate the lottery ticket, providing unique identification information to a lottery administration system, and receiving draw information associated with the ticket. The method ensures secure communication channels and validation of transaction requests from multiple retailers, allowing for the activation of lottery tickets without the need for lottery hardware at the retailer location.
Furthermore, the patent details additional steps such as retrieving product information, validating transaction requests, and generating randomly determined lottery numbers. The method also includes options for accessing draw information through printed receipts, scanning codes on tickets, or entering unique identifiers online. With encryption of communications and age validation processes, the system ensures the integrity and security of the lottery ticket activation process. The patent covers various aspects of the method, including the use of barcodes, redemption of winning prizes, and the generation of wagers with assigned draw dates. Overall, the patented method streamlines the activation and administration of random draw lottery tickets through a secure and efficient third-party transaction processing system.
To know more about GlobalData’s detailed insights on Blackhawk Network, buy the report here.
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