Abstract: A method and apparatus for playing bingo having a prize structure which is based upon the true mathematical probabilities of forming pre-announced winning bingo patterns after each random bingo number is drawn and telecasting the mechanical random number generating process live, while simultaneously transceiving information interactively over the telephone or a global communications network, for example, the Internet. In this game, players are not required to assemble in one place. An unlimited number of players can participate simultaneously from different remote locations without changing any individual player's chances of winning.