I never buy tix with my co workers but decided to this time. Here is our agreement, thoughts??
ABC 123, Inc.
Co-Worker Powerball Group Ticket
Agreement
Terms of Agreement:
- This agreement is not sanctified and/or created and/or owned by ABC 123, Inc. it is only an agreement between individuals who are co-workers/friends/family, etc.
- Each ticket owner will contribute $2.00 and one line of quickpick numbers for the next drawing will be purchased for the group with each $2.00 collected, to be evidenced by the number of signatures below.
- A picture of the group ticket will be sent via text or email to each ticket owner after it is purchased. This is the only ticket the group and each ticket owners own together. It is understood that several ticket holders play the lottery outside of the group and only the winnings of the group ticket are the shared winnings.
- Ticket owners will share equally in all of the prize money. Any and all monies won will be claimed by a legal entity on behalf of all ticket owners as a group or each ticket owner individually. The structure and name of said entitie(s) shall be determined at a later date after all ticket owners have consulted with legal council and before claiming any prize.
- Ticket owners agree to strict privacy and safety protection of themselves and of each other.
Basic guidelines to privacy include but are not limited to: No media appearances, no social media (Craigslist, Twitter or Facebook etc.) postings, no photographs (especially the picture of the winning ticket), no postings of any type on the internet related to yourself or other ticket owners in reference to winning. Divulging or causing to be divulged each others name(s), identity, likeness, photographs, telephone numbers, or addresses is STRICTLY PROHIBITED in any form except as required by law. The same privacy protection applies to any and all family members, spouses, significant others, boyfriends or girlfriends of the ticket owners.
- If you don’t sign and date as a ticket owner, you waive all rights to any and all prizes won by each ticket owner and/or of the group.
- If someone is unable to sign, someone may contribute the $2.00 on their behalf and can sign for them (ie..John Doe for Jane Smith), the person signing is not the ticket owner rather the person they are signing for is the ticket owner. Signature by one for another constitutes either full accepance of this agreement or waiver of any and all prize money won by any or all of the other ticket owners or of the group. If the prize money is waived, it will be equally distributed to the other ticket owners.
- There are no verbal agreements.
- Violation of any or all of the terms of this agreement will constitute full forfeiture of your share of any and all prize monies won by the group and/or the other ticket owners and your share will be equally re-distributed to the other ticket owners.
Signatures on attached page……..
ABC 123, Inc.
Co-Worker Powerball Group Ticket
Agreement
Signature Page
Your signature below confirms you have read and agree to the terms above and that you agree this agreement is enforceable by the laws of the United States and all of its Territories.
Ticket Owners:
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________ = ________QP lines purchased