A fractional denomination on-line gaming system and method of playing for us e in all lottery applications. The preferred method of playing allows a consum er to purchase a fractional denomination share of a full unit game ticket (1), in an amount equal to the change the customer would have received back from any purchase of goods or services from a retailer authorized to offer the game. Winners share prizes proportionately based upon the winning tickets' relativ e functional values. Players holding winning tickets will each receive a proportion of the overall prize based on the value of their wager (3) relati ve to the total amount wagered by all winning tickets.
FRACTIONAL DENOMINATION GAMING SYSTEM AND METHOD OF PLAYING