Methods of lottery-type wagering are disclosed. One method utilizes a credit instrument associated with an account set up by a patron with a gaming administrator. The credit instrument may be used to place lottery-type wagers at a gaming terminal and, additionally, for the purchase of goods and/or services, accessing additional informational displays, or for other non-wagering purposes and/or areas associated with the gaming administrator or a venue offering lottery-type wagering. The credit instrument acts as a cash substitute wherein the patron's account may be automatically updated with all of the patron's wins, losses, and purchases via a network system or updated on the credit instrument. In other methods, lottery-type wagers are placed with an anonymous account such that an identity of a player is not known to the gaming administrator.