Alphanumeric lottery game system and method

A computerized system for administrating a lottery game, comprising:

• an administration server programmed to perform a lottery game, said server including a termination parameter and a set of valid wager parameters stored in a non-transitory computer readable medium, said valid wager parameters comprising:
• a predetermined set of outcomes, and
• a player identifier, said player identifier comprising a sequence having a predetermined number of characters selected from a set of possible characters;
• a wagering module in electronic communication with said server;
• a user computer device especially equipped to establish an interactive electronic communication link with said server, and in association with said wagering module, to receive game rules, request and receive wager and payment information, validate the received wager and payment information, reject the received wager and payment information if said termination parameter is exceeded, and accept validated wager and payment information in a wager pool;
• a resolution module in electronic communication with said server and said user computer device, said resolution module is programmed to close said wager pool by said termination parameter, establish a prize payout, determine a winning outcome, refine said wager pool by removing all wagers that do not match the winning outcome, and randomly select at least one winner from said refined wager pool.