Workplace Lottery Pool Contract...

Reply #12

CDanaT — Mon, 20 Feb 2012 19:34:10 GMT

Bob....our group keeps it simple....you bring your ticket(initials on the back someplace) and turn it into one person to hold that everybody trusts(in our case who volunteers for record/secretary duties). That person then makes a copy of all the tickets(front and back if you want) and distributes the copy to each member of the group.The holder for the group can put the persons name beside the ticket (that he/she brought in) on the copy sheet..... You don't bring in a ticket, then you dont get to... [ More ]

Reply #11

Artist77 — Mon, 20 Feb 2012 18:34:43 GMT

Just some thoughts here. Be sure to add sections to address legal issues you have seen pop of with other group winners.

1.) When it the money due for each member to be in the pool? If your money is not in my hands by 5 PM on the the date of the lottery, then you are not in the group for that drawing. Identify the point of contact and one alternate for all transactions.

2.) Do you want to assume someone wanted to be in the pool if they are out ? Probably not. Creates too many issues.

Reply #10

coolbick — Sun, 12 Feb 2012 13:54:08 GMT

We just started a lottery pool at work because of the big Powerball. I don't know if it'll continue, now that the jackpot's been won, but it's being run pretty well. Everything is done by email and we recieve copies of the tickets the day of or day before the draw. After one draw we won a small amount that wasn't big enough to split, and decided to re-invest in the next drawing.

A couple of us wanted to add in another $2 for more tickets, so the person running the pool started a separate pool... [ More ]

Reply #9

RJOh — Fri, 10 Feb 2012 19:22:13 GMT

Workplace lottery pool don't have trouble from players who sign a contract and pay their money but from those who don't. If the pool wins big, some of those co-workers who didn't play may think since it was a workplace lottery pool some one should have asked them to play, covered them or in some case not be so greedy as not to share the winnings with everyone.

Reply #8

KY Floyd — Fri, 10 Feb 2012 18:51:11 GMT

I would think a real contract would have to be notorized or made by a lawyer. Not sure.

If you have a conversation and agree to do something it's a real contract, though you may have a hard time proving to the court what the terms of the contract are. Putting things in writing and having each signature witnessed helps prove what the agreement is and that everyone really signed it, and a notary is a better witness than another member of the pool. Proving who signed it and what it says may not... [ More ]

Reply #7

NightStalker — Thu, 09 Feb 2012 23:57:18 GMT

We don't have the lottery syndicates here. Sounds like a neat idea though. Thanks for sharing

Reply #6

NightStalker — Thu, 09 Feb 2012 23:55:29 GMT

Thanks for your suggestions. What I have done currently is to send emails to everyone advertising the pool and there is a 11x14 envelope in my office that everyone can access and they are to put money in and sign their name to the envelope and the amount put in, even though it's only $2. Then before the drawings I go purchase the tickets, scan them in and email them to the participants. I'm not chasing anyone down (yet) for money to be in the pool. My other concern is with a contract that I am g... [ More ]

Reply #5

savagegoose — Thu, 09 Feb 2012 20:29:16 GMT

dunno about where you live but they have syndicate share tickets here

http://www.lotterywest.wa.gov.au/games/syndicates

Create your own syndicate

Creating your own syndicate is a great way to share in the excitement with friends and family.

Collect money from your family, friends and colleagues and record their name and the amount they've contributed on a syndicate form. Go to your local Lotterywest retailer and fill out the relevant game playslip or ask them for a slikpik. Let... [ More ]

Reply #4

RedStang — Thu, 09 Feb 2012 18:45:10 GMT

There's some on Youtube. We make copies of the tickets with names and how much they played on them, then hand out copies. I would think a real contract would have to be notorized or made by a lawyer. Not sure.

Reply #3

tbraddock — Thu, 09 Feb 2012 18:15:04 GMT

I know where to get one but can't post the link here. :(

Google it! Lottery Pool Agreement

Reply #2

Mario38 — Thu, 09 Feb 2012 18:08:34 GMT

Just as important as a good contract is your correspondence with all players and potential players. Try to get everything in writing which is very hard with an office pool.

I work in a home office now and find running a office pool now is much easier because all correspondence has to be by email. Now I have an audit trail of every conversation. Before, when I worked in a regular office, there would be a lot of casual conversations about the office pool. Some people would indicate they want... [ More ]

Reply #1

NightStalker — Thu, 09 Feb 2012 13:28:39 GMT

I would also like a copy of one if someone it. We just started one last week because the PB is so high, but I am thinking there is a good core group of 7-8 that wants to play regularly.

Workplace Lottery Pool Contract...

CutlassBob — Thu, 09 Feb 2012 12:04:54 GMT

Hello everyone...

I am putting together a lottery pool at my workplace per a request of some employees. Does anyone have a contract already wrote up that i can modify for our pool? Were looking to play the PowerBall and Mega Millions.

Thank you for your time.

Cutla$$Bob