How to run a lottery syndicate

How to Run a Lottery Syndicate

Are you tired of spending money on lottery tickets week after week only to see the big prizes go to someone else? But are you still interested in playing your numbers, even when you are not seeing the results? If the lottery still makes you happy but you want to increase your chances of winning, why not join a lottery syndicate? If there is no existing group at work or within your circle of friends, consider setting up a syndicate yourself. You’ve got nothing to lose and potentially lots to win. Here’s how you can maximize the potential success of your syndicate and avoid pitfalls.

Find Out About Syndicate Opportunities Playing the lottery in a group can make the whole experience more fun. It’s a good way to get more out of the lottery and be sociable while you do so. The idea is that everyone in the syndicate – which is a group of people either linked to a workplace or organization, or organized online – puts in money to buy tickets. Any winnings are shared between the members of the syndicate. Therefore, if you put in money to buy

one ticket along with nine friends, you have an equal share in 10 lines of numbers rather than just one, which maximizes your chances of winning a prize. However, you will have to share the money with the group so the actual amount you win will be lower.

Decide on the Ground Rules When you are setting up a group you need to make sure that everyone is aware of the rules and the procedures before you get started. For example, set up how many people are going to play, how much they will put in, and how often you will buy tickets. Separate rules that will make life easier include deciding if you will still count someone’s involvement even if they miss paying for a ticket on one week. There are potential problems if you refuse to pay one member because the jackpot came up on the week he couldn’t afford a ticket but a friend lent him money to buy it. You may find it easier to draw up a written agreement to iron out any potential disagreements.

Set Up the Practical Logistics Work out when you are going to buy the tickets and how – for example, will you be responsible for buying the tickets from the retailer or will you deal with this online?

Which numbers will you use? Will the numbers always be the same? What if other people want to join the group or people leave? Who will be responsible for checking the numbers and dealing with the lottery organizers if you do win?

Do it the Easy Way If you’re not keen on the logistical headaches this could cause, then consider joining a syndicate that is already managed by someone else, for example DTD European Services. An online syndicate takes away the hassle that potentially comes with running a syndicate yourself and you get to keep the same advantages over the long term.