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Restaurant workers split $4 million lottery jackpot
They have an agreement that if someone hits with their own numbers, the others can't make a claim on it.(We'll see if they feel the same way if one of them hits.) You don't need an agreement for that, because nobody is entitled to something that isn't theirs. What you need is a good agreement that covers who is in the pool, how many tickets the pool will buy, and how the tickets will be chosen and purchased. In the event that there is ever a dispute (and if any member of the pool wins you c
Oct 16, 2007, 12:54 am - KY Floyd - Lottery News

SoCal man sues to get share of $315 million lottery jackpot
Regarding Members Paying into a Pool: Get 100% of the Pool money up front and advance play for a specifed number of drawings. Period...Have a Closed End Pool,ie. $5.00 each for 10 drawings=$50.00 per Pool Member every five weeks. Have it dated, signed and closed out, disolved at the end of the 5 weeks, then if you want form a new pool start all over. A bit simpler; if you don'y pre-pay you don't play. It's a step in the right direction.
Dec 20, 2005, 6:09 am - demonter - Lottery News

SoCal man sues to get share of $315 million lottery jackpot
Agree to pool rules and stick to them. I would be very cautious about two important areas when running a Pool. Firstly have strict contribution rules and enforcement of the failure to contribute situation. This one point seems to be the number one point of contention in the lawsuits we read about. Secondly, I feel very strongly that the Pool Manager should avoid any suspicion of impropriety by avoiding buying his own tickets outside the Pool. There's a real conflict of interest situation if t
Dec 19, 2005, 6:34 pm - demonter - Lottery News

$183 MILLION: Huge Powerball lottery jackpot set for Wednesday
PB should give a $1 pool option on the play slip. Everyone in the pool splits when a pool players wins.
Mar 10, 2013, 11:18 am - Ronnie316 - Lottery News

$305 MILLION: Powerball lottery jackpot in rare territory
Do the pool members know the pool organizer is telling co-workers that didn't contribute that they will get something if the pool wins?
Aug 12, 2012, 7:43 pm - RJOh - Lottery News

48 Philly transit workers win $172M Powerball jackpot
I won't join a pool for ANY reason.If you want to join a pool,then join a pool.Don't assume that everyone would join one,just because you would.
May 1, 2012, 8:54 am - Cletu$2 - Lottery News

Piqua lottery winners sued by co-workers
Seems to me the best way to address this issue of pool carryovers from small wins would be to include in your rules that wins under $X will be donated to Y 501(c)(3) non-profit charity, instead of used to buy more tickets on the next draw. Buying more tickets just seems like a really bad idea, it opens the door for all sorts of ludicious claims. And someone who is serious about operating a pool should form a corporation (with seperate bank account, etc) to operate the pool as this will allow
Jan 25, 2009, 2:08 pm - KeithK - Lottery News

Lottery pool loses $36 million jackpot; wrong tickets bought
Each Member of the Lottery Pool should also hold every other Member of the Lottery Pool Accountable to Pay their Share of the Pool in a Timely Manner.
Dec 12, 2006, 9:07 am - Raven62 - Lottery News

How To Protect Yourself In A Lottery Pool
I have been doing a pool for almost a year now at my work and I have posted the contract that I use most of u have read it IT IS AIR TIGHT and it states IN the contract that PAST PARTICIPATION DOES NOT ALLOW YOU TO ANY WINNINGS IF YOU DID NOT ENTER IN THE DAYS POOL I make that sh1t clear ... and I state in it that it will be divided equally between all players and that it is a lump sum only option pool AND I put each name of the player and the amount of the pool on each and every contract copy
May 31, 2006, 11:30 pm - SassyOhio - Lottery News

Mega Millions lottery jackpot leaps to $96 million
mrmst the same thing use to happen where i worked we had a 10 person pool then the other people got angy becuse we wouldn't let any additional people in on that pool. Our 10 person pool was just right for us. So we started two seperate 10 member pools and everybody got cazy because if one pool won and not the other they there would be a lot of ill feelings towards the other group. One things for sure you can't please everybody. If we had a 20 or more member pool and won a 100 mil pot split up af
Feb 25, 2005, 11:10 am - four4me - Lottery News