System and method for performing lottery ticket transactions utilizing point-of-sale terminals

An apparatus for performing a lottery ticket transaction, comprising:

• a processor;
• and
• a memory connected to the processor,
• the memory storing executable program instructions,
• the processor operative with the program instructions to calculate a change amount of a merchandise transaction,
• receive a request to purchase a lottery ticket in exchange for the change amount,
• transmit a request for a lottery ticket,
• receive lottery ticket information that is based on the change amount, and
• print the lottery ticket information on a receipt if the request to purchase a lottery ticket in exchange for the change amount is received, the lottery ticket information including a plurality of lottery numbers.

A method for performing a lottery ticket transaction at a point-of-sale terminal, comprising:

• receiving a request for a lottery ticket;
• calculating a change amount of a merchandise transaction;
• receiving a request to purchase a lottery ticket in exchange for the change amount;
• calculating a fractional amount of a full lottery ticket, the full lottery ticket having a full price, the fractional amount being based on the change amount and the full price;
• and
• storing in a database, if the request to purchase a lottery ticket in exchange for the change amount is received, an indication of the fractional amount and an indication of the full lottery ticket, the indication of the full lottery ticket including a plurality of lottery numbers.

A method for performing a lottery ticket transaction at a point-of-sale terminal, comprising:

• calculating a change amount of a merchandise transaction;
• receiving a request to purchase a lottery ticket in exchange for the change amount;
• and
• printing lottery ticket information on a receipt if the request to purchase a lottery ticket in exchange for the change amount is received.

A method for use at a point-of-sale terminal, comprising:

• receiving a request from a customer to purchase goods;
• calculating a change amount for the customer during the purchase of the goods;
• selling at least one fractional lottery ticket to the customer based on the change amount;
• and
• generating a receipt that contains information related to the at least one fractional lottery ticket.

A method for use at a point-of-sale terminal, comprising:

• calculating a change amount for a customer during a merchandise transaction;
• allowing the customer to purchase at least one fractional lottery ticket based on the change amount;
• receiving a request to purchase one or more fractional lottery tickets in exchange for the change amount;
• and
• printing lottery ticket information on a receipt if the request to purchase the one or more fractional lottery tickets in exchange for the change amount is received.