Method of lottery wagering on real-world events

A computer system for lottery wagering comprising:

• a computer processor coupled to a computer bus;
• a non-transitory computer-readable medium coupled to the computer bus, the computer-readable medium encoded with computer-executable instructions that, when executed by the computer processor, cause the computer system to perform the steps of:
• receiving wagering data from each of a plurality of first lottery phase participants;
• entering the wagering data received from the first phase lottery participants into a first lottery phase;
• determining winning lottery data for the first lottery phase based upon the outcome of a first lottery event;
• determining one or more first lottery phase winners based on the first lottery phase participants whose wagering data matches the winning lottery data for the first lottery phase;
• awarding a prize to each of the one or more first lottery phase winners;
• entering the wagering data received from one or more of first lottery phase participants who are not also first lottery winners into a second lottery phase, in which the wagering data entered for each second lottery phase participant is the same wagering data received for the first lottery phase;
• determining winning lottery data for the second lottery phase based upon the outcome of a second lottery event, the second lottery event occurring at a time subsequent to the first lottery event;
• determining one or more second lottery phase winners based on the second lottery participants whose wagering data matches the winning lottery data for the second lottery phase;
• awarding a prize to each of the one or more second lottery phase winners.

A non-transitory computer-readable medium for lottery wagering, the computer-readable medium encoded with computer-executable instructions that, when executed by a computer processor, cause a computer system to perform the steps of:

• receiving wagering data from each of a plurality of first lottery phase participants;
• entering the wagering data received from the first phase lottery participants into a first lottery phase;
• determining winning lottery data for the first lottery phase based upon the outcome of a first lottery event;
• determining one or more first lottery phase winners based on the first lottery phase participants whose wagering data matches the winning lottery data for the first lottery phase;
• awarding a prize to each of the one or more first lottery phase winners;
• entering the wagering data received from one or more of first lottery phase participants who are not also first lottery winners into a second lottery phase, in which the wagering data entered for each second lottery phase participant is the same wagering data received for the first lottery phase;
• determining winning lottery data for the second lottery phase based upon the outcome of a second lottery event, the second lottery event occurring at a time subsequent to the first lottery event;
• determining one or more second lottery phase winners based on the second lottery participants whose wagering data matches the winning lottery data for the second lottery phase;
• awarding a prize to each of the one or more second lottery phase winners.