Welcome Guest
Log In | Register )
You last visited January 20, 2017, 3:06 pm
All times shown are
Eastern Time (GMT-5:00)

Insight to Jackpot lottery pools

Topic closed. 5 replies. Last post 8 years ago by Mario38.

Page 1 of 1
PrintE-mailLink
Avatar

United States
Member #24439
October 22, 2005
638 Posts
Offline
Posted: March 27, 2009, 6:08 pm - IP Logged

I was wondering how lottery pools for powerball or megamillions are run.

Please give me this info.

How many people are in the pool?

How much does each member contribute per drawing?

How much does the team spend on average per drawing?

How often and how much do they win?

Do they play every drawing?

    RJOh's avatar - chipmunk
    mid-Ohio
    United States
    Member #9
    March 24, 2001
    19900 Posts
    Online
    Posted: March 27, 2009, 6:34 pm - IP Logged

    You can search the news forum for lottery pools, usually when they win they make the news.  Also you can check this thread started by Tom Dempsey.

    http://www.lotterypost.com/thread/188903

    He joined LP in January and was active for about a month trying to get other members interested in his Lottery Club ideas but haven't been heard from lately probably because he didn't get much response, however some members did mention how their local pools were working.

     * you don't need to buy more tickets, just buy a winning ticket * 
       
                 Evil Looking       

      Avatar

      United States
      Member #24439
      October 22, 2005
      638 Posts
      Offline
      Posted: March 29, 2009, 5:21 pm - IP Logged

      Can anyone in a pool answer these questions. Not interested in starting a pool just want to know.


        Canada
        Member #68663
        December 27, 2008
        260 Posts
        Offline
        Posted: March 29, 2009, 7:48 pm - IP Logged

        Can anyone in a pool answer these questions. Not interested in starting a pool just want to know.

        Here are the answers for the pool I am in.

        How many people are in the pool?

        Varies. Lately it has been 30 to 50 people.

        How much does each member contribute per drawing?

        Left up to the person. The more they pay, the bigger their share of jackpot.

        How much does the team spend on average per drawing?

        About $500

        How often and how much do they win?

        Not often enough and so far not enough money to quit playing.

        Do they play every drawing?

        Only play when the jackpot is over $300 million

          Avatar

          United States
          Member #24439
          October 22, 2005
          638 Posts
          Offline
          Posted: March 30, 2009, 1:03 am - IP Logged

          Wow am surprised you spend that much per drawing. But I guess since you don't play that much.

          I want to know, Do you guys use any systems to pick you numbers and at least gurantee a return?


            Canada
            Member #68663
            December 27, 2008
            260 Posts
            Offline
            Posted: March 30, 2009, 4:30 pm - IP Logged

            Wow am surprised you spend that much per drawing. But I guess since you don't play that much.

            I want to know, Do you guys use any systems to pick you numbers and at least gurantee a return?

            Yes, we use a system to pick the numbers. BUT, the system we use is not a prediction system. The draws are random and therefore the results cannot be predicted.

            The system used does not try to guarantee small wins. Since we buy a lot of tickets for large jackpots (and only large jackpots), we could cover every Mega Ball. We do not do that because we are not interested in winning a couple of dollars. Our goal is to win the jackpot.