What Is a Lottery Syndicate?
A Lottery Syndicate, also known as a lottery pool, is a group of players who buy lottery tickets together. Syndicate players split the cost of the purchase and as a result, they can afford to buy more lines. It’s one of the best ways to save on the cost of your Powerball play and boost your chances of winning! The more lines played, the greater the odds of winning. When one of their tickets win, each syndicate player receives a proportionate part of the winnings.
1 in 4 jackpots are won by syndicates
Buy Lottery Syndicate Tickets Online
BUILD YOUR DREAM TEAM
Playing as a group can be a lot more fun than playing alone and celebrating a win with others can be so much more rewarding – especially when it’s a big jackpot! But first things first – get some friends, family or work colleagues together and get the ball rolling.
Top tips for building your team:
Recruit your dream team – syndicates can be made up of friends, family or even work colleagues. In fact, two thirds of current syndicates are work based*, with syndicate managers starting them up to inject some fun and social interaction into the workplace.
Agree how it will work – there are no set ways of how to play within a syndicate but agreeing guidelines upfront will provide peace of mind for your team.
Stay connected – social media is a great way to keep in touch with your team in between draws. You can send your syndicate team payment reminders, confirmation of draw entries and of course those exciting win alerts!
*Syndicates research 2017.
AGREE HOW THE SYNDICATE WILL WORK
Before you play, get organised
Setting up a syndicate agreement from the very start will provide ease and peace of mind for both the syndicate manager and the other members. As all payments are taken from, and all prizes are paid only to, the syndicate manager, it is important that everyone knows and are in agreement with how regularly payments are paid and how the prizes will be distributed to the syndicate members.
Here are a few things to consider before starting your syndicate
Agree who the manager is
Which games, draws, how many lines will be played?
How and when will payments be made?
What happens if someone misses a payment?
How and when will prizes be shared – or will they be reinvested?
Will the group want publicity in the event of a big win?
How will the group communicate a large win – and to who?
You may want to use our sample syndicate agreement as a starting point.
If you’re planning on playing online, the syndicate manager will need to register online and list themselves as the syndicate manager. If the syndicate manager already has a National Lottery account, they will need to use this personal account to play the syndicate’s lines. They just need to remember to update their status within the settings by clicking the syndicate manager box.
Your syndicate agreement
Get everyone to sign a syndicate agreement and make sure everyone has a copy. If you win, it will make life a whole lot easier.