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Q&A for How to Organize a Lottery Pool
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QuestionCan anyone in the group purchase extra tickets for themselves?Community AnswerYou should have a pool agreement, even among friends. One of the items in that agreement should specify what tickets are considered in the group and what tickets are personal. Most people make and distribute copies of the tickets to all the members of the pool. Any ticket not included in the distribution is not included in the pool. Make sure those copies cannot change. Large amounts of money can change people. Use one of the free Office Lottery Pool online systems that lock the numbers at a cutoff time.
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QuestionCan a person who has not played for a while get in the pool again to try to win the big one?Community AnswerIt depends on how you play. The way we play our office lottery pool is by forming a group of trusted players. Those trusted players play when they choose to by buying their own tickets and posting them. (We use a nice automated system, search "Office Lottery Pools" and pick one.) All the trusted players get notified and choose if they want to jump in. Some members only play when the lottery is above $300 million. It's totally up to you how you want to do things.
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QuestionCan I set up a pool so that each participant gets a percentage of the ticket winnings?Don WinstonCommunity AnswerCheck out Lottery Jackpot Genie on the Play Store and App Store. The app takes care of a lot of the legal requirements on lottery pools.
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QuestionIn a group lottery, how do you split the winnings with new participants?Community AnswerThere is a calculator on most lottery websites where you can specify each member and how many shares they have purchased.
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