ELECTRONICALLY FACILITATED RANDOMIZED SPORTS POOL LOTTERY

An electronically facilitated randomized sports pool lottery based on at least one outcome of at least one sporting event. Tickets sold are randomly assigned at least one unique outcome of the at least one sporting event, and winning tickets are selected by matching the actual outcomes of the sporting events with the associated assigned event outcomes. The lottery format does not require the sale of tickets representing all possible outcomes of the event in order for a winner to be chosen and represents an enhancement over raffles requiring same. If a sold ticket does not correspond to at least one of the event outcomes, a winning ticket can be randomly selected from those sold or the prize attributable to the lottery can be pooled with subsequent proceeds of another lottery.