US20090170586A1 - Springtime productions special charity fund raising process - Google Patents

Springtime productions special charity fund raising process Download PDF

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Publication number
US20090170586A1
US20090170586A1 US11/964,495 US96449507A US2009170586A1 US 20090170586 A1 US20090170586 A1 US 20090170586A1 US 96449507 A US96449507 A US 96449507A US 2009170586 A1 US2009170586 A1 US 2009170586A1
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US
United States
Prior art keywords
raffle
poker
prize
ticket
poker tournament
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Abandoned
Application number
US11/964,495
Inventor
Douglas A. Jonathan
Philip Belous
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
SPRINGTIME PRODUCTIONS LLC
Original Assignee
SPRINGTIME PRODUCTIONS LLC
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by SPRINGTIME PRODUCTIONS LLC filed Critical SPRINGTIME PRODUCTIONS LLC
Priority to US11/964,495 priority Critical patent/US20090170586A1/en
Publication of US20090170586A1 publication Critical patent/US20090170586A1/en
Application status is Abandoned legal-status Critical

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Classifications

    • AHUMAN NECESSITIES
    • A63SPORTS; GAMES; AMUSEMENTS
    • A63FCARD, BOARD, OR ROULETTE GAMES; INDOOR GAMES USING SMALL MOVING PLAYING BODIES; VIDEO GAMES; GAMES NOT OTHERWISE PROVIDED FOR
    • A63F3/00Board games; Raffle games
    • A63F3/08Raffle games that can be played by a fairly large number of people
    • GPHYSICS
    • G06COMPUTING; CALCULATING; COUNTING
    • G06QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00Commerce, e.g. shopping or e-commerce
    • G06Q30/02Marketing, e.g. market research and analysis, surveying, promotions, advertising, buyer profiling, customer management or rewards; Price estimation or determination

Abstract

Springtime Productions LLC has developed a unique charity fundraising methodology. The methodology consists of a qualified non-profit organization conducting a statewide raffle to raise funds with the holders of grand prize winning tickets being awarded a seat in a special poker tournament. The raffle would award a specified number of seats at the poker tournament. The poker tournament consists of a limited field, which is comprised of the grand prize winners together with a comparable number of professional poker players and Hollywood or professional sports celebrities. The poker tournament participants will play for a substantial purse with the eventual champion will collect the first prize of approximately fifty percent (50%) of the total purse with every participant guaranteed a minimum prize of approximately one-half of one (0.5%) percent of the total purse.

Description

    OVERVIEW
  • Springtime Productions LLC has developed a unique charity fundraising methodology. The methodology consists of a qualified non-profit organization conducting a statewide raffle to raise funds with the holders of grand prize winning tickets being awarded a seat in a special poker tournament. The raffle would award a specified number of seats at the poker tournament. The poker tournament consists of a limited field, which is comprised of the grand prize winners together with a comparable number of professional poker players and Hollywood or professional sports celebrities. The poker tournament participants will play for a substantial purse with the eventual champion will collect the first prize of approximately fifty percent (50%) of the total purse with every participant guaranteed a minimum prize of approximately one-half of one (0.5%) percent of the total purse.
  • The Law
  • The Springtime Productions methodology conforms to state law that permits the use of raffles for fundraising with minimal restrictions on the scope of the raffle such as exemplified by California Penal Code section 320.5. In many states, raffles are permitted; however, the law frequently restricts the scope of such raffles by limiting the prize that can be offered or the amount that can be charged per raffle ticket. While section 320.5, has restrictions, there are no limits on the size of the prize that can be offered or ticket price. The only significant restrictions imposed on the non-profit organization by Section 320.5 include
      • Ninety percent (90%) of the raffle ticket sales must be used for charitable purposes
      • Raffle ticket proceeds must be used in California
      • Raffle ticket sales may not be sold over the internet
  • Section 320.5 also sets forth other requirements including registration and reporting to the California Department of Justice and certain limitations on how the charity can promote the raffle and sell tickets.
  • THE RAFFLE Structure
  • The fundraising raffle consists of a number of separate raffles within one. Rather than drawing one or more grand prize winning tickets from one large barrel containing all tickets, the Raffle will be split into a specified number of separate raffles, or drawings. One Grand Prize winning ticket will be drawn from each barrel. To give ticket buyers an incentive, when a ticket buyer buys a specified number of raffle tickets at full price, the ticket buyer will receive an extra bonus ticket free. Each ticket buyer will have to decide two things: (1) how many tickets to buy and (2) into which barrels to deposit those tickets. To create a sense of urgency for the ticket buyer, as well as to establish finite odds of winning in the public's perception, each barrel will be limited to a maximum of a specified number of tickets. Sales for each barrel will continue until the established ticket sales cutoff date (approximately sixteen days before the grand prize drawing), or when all the specified maximum number of raffle tickets for each barrel have been sold, whichever occurs first. By structuring the Raffle in this manner, ticket buyers will have the opportunity to allocate their chances of winning—a powerful incentive to poker players who love to gamble.
  • Ticket Pricing
  • Raffle tickets will sell for a specified price with the ticket proceeds paid directly to the non-profit organization conducting the raffle and deposited into a segregated bank account.
  • Geographic Scope
  • The Raffle will be conducted under authorizing state law and limited to ticket sales within that state so as to avoid implicating federal and other state laws.
  • Raffle Prizes and Drawings
  • In addition to the grand prize drawing, the Raffle will also offer a number of preliminary cash prizes. Over a period of weeks prior to the grand prize drawing, a specified number of tickets will be drawn from each barrel with a cash prize being awarded to the winners. Each of the preliminary cash prize winning tickets will be re-deposited into its respective drawing barrel so that the ticket will be eligible for all subsequent cash prize and grand prize ticket drawings.
  • Raffle Ticket Fulfillment Procedures
  • Raffle tickets are two-part perforated pre-printed forms, consisting of the Raffle ticket and the ticket stub. Each Raffle ticket will be color coded to correspond with its designated drawing barrel and the Raffle ticket serial number will be bar coded onto the Raffle ticket and stub. The Raffle ticket will be shipped to the ticket buyer along with a receipt. The ticket stub will be detached from the Raffle ticket and deposited in the properly designated drawing barrel. Each ticket will be printed with a unique serial number printed on both parts of the Raffle ticket—ticket and stub. In addition, each Raffle ticket will be color coded to correspond with its designated drawing barrel and the Raffle ticket serial number will be bar coded onto the Raffle ticket and stub.
  • Poker Tournament
  • Each of the Grand Prize winners will win the right to play in a special poker tournament. The Raffle Grand Prize winners will compete with a specified number of professional poker players and celebrity players. The poker tournament will offer a multi-million dollar prize fund with the tournament champion winning approximately fifty percent (50%) of the total prize fund and all participants guaranteed a minimum prize of approximately one-half of one (0.5%) percent of the total prize fund.
  • Players
  • A unique feature of the Poker Tournament lies in the size of the field and the guaranteed prize money.
  • The Professional Poker Player Auction
  • In addition to the Raffle Grand Prize winners, a number of the Tournament players will be top professional poker and celebrity players who will bid for and buy a seat at a special charity auction.

Claims (1)

1. The embodiments of the invention in which an exclusive property or privilege is claimed are defined as follows:
A charity fundraising method comprising: a statewide raffle consisting of multiple drawing barrels with each drawing barrel offering as a grand prize a seat at a special poker tournament where 40% to 60% of the tournament field consists of the raffle grand prize winners and the remainder of the poker tournament field consists of professional poker players or celebrities who purchase their seats at the special poker tournament at an auction.
US11/964,495 2007-12-26 2007-12-26 Springtime productions special charity fund raising process Abandoned US20090170586A1 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
US11/964,495 US20090170586A1 (en) 2007-12-26 2007-12-26 Springtime productions special charity fund raising process

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
US11/964,495 US20090170586A1 (en) 2007-12-26 2007-12-26 Springtime productions special charity fund raising process

Publications (1)

Publication Number Publication Date
US20090170586A1 true US20090170586A1 (en) 2009-07-02

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Family Applications (1)

Application Number Title Priority Date Filing Date
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Country Status (1)

Country Link
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Cited By (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20100160017A1 (en) * 2008-12-23 2010-06-24 Chris Canard System and method for revealing a primary game prize via secondary game play
US20110169221A1 (en) * 2010-01-14 2011-07-14 Marvin Augustin Polynice Professional Hold 'Em Poker
US8469803B2 (en) * 2011-02-24 2013-06-25 Anthony Robert Farah Gaming method, server, and computer readable medium for distributing a total pool between a charity pool and a prize pool
US8480089B2 (en) 2010-08-06 2013-07-09 Peerless Media Ltd. Multi-stage poker game

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