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How to share with relatives.
the easiest way to do it is by splitting your winning like an office pool. The drawback is you can not pick and choose how much each person is going to get. You and everybody else in the pool would get the same amount and they still have to pay income taxes.
May 24, 2013, 2:42 pm - redhot7 - Lottery Discussion Forum
Litigation Proofing your lottery pool
I also run Florida Lotto pool and a one time pool agreement (for when mega money is over a certain ammount) with similar language. This is the original I came up with, but I do have the .99 cent or less winnings incorporated into the final agreements.
Apr 18, 2013, 6:41 am - schmuckatelly - Lottery Discussion Forum
Litigation Proofing your lottery pool
Dump the inconsitencies.
For my pool at work, I have stated dues for the following month is duy by the 29th. If I don't have they money by then you are not in the pool for next month. The agreement everybody has signed is good for as long as their are no changes. Any changes to the agreement including adding/deleting players then a new agreement is printed out and resigned and the agreement has revision dates on it.
Don't use winnings for gas money or lunch. If anything, ask all of them if
Apr 18, 2013, 6:13 am - schmuckatelly - Lottery Discussion Forum
if you joined a pool, did you vet the other players for honesty before jumping in feet first?
Point 2 is good but anytime your in charge of buying the tickets you can always be sued if you win the jackpot claiming that your ticket was not on in the pool itself..They can always say you may have held back a ticket and not put it in the pool...Judge would probaly err on the side of caution and make you split it with them...
Apr 6, 2013, 7:38 am - billionaire2bee - Lottery Discussion Forum
Pari-Mutuel Powerball
There was only one 5 + 0 last night and they only got $201,115. Race tracks take their percentage cut off the top of each pool and payoffs are determined by the number of winning tickets in each pool. A percentage of MM sales is applied to the jackpot and probably before their cut is deducted. I believe the 1 + 1 and 0 + 1 payoff are fixed, but including them, they still paid out 67% of their total MM sales to prizes.
Apr 3, 2013, 7:19 pm - Stack47 - Lottery Discussion Forum
Woman opts out of lottery pool, but co-workers give her cut anyway
Am having a big swimming pool party tonight and all the ladies that won money in this office pool are invited and for the guys they can hangout at burger king for l care lol.
Mar 28, 2013, 5:04 pm - JoeBigLotto - Lottery News
Three friends honor long-time pact to split lottery winnings
I like my LP pool idea where everyone buys the same numbers. You buy a ticket, your IN the pool. lol.
Mar 23, 2013, 3:42 pm - Ronnie316 - Lottery News
$320 MILLION: Powerball lottery jackpot goes through the roof
They should join a pool. why make the mega millions or powerball smaller by adding a pool? The jackpots wouldn't even make of over $200 million.
Mar 23, 2013, 1:43 pm - BBLL - Lottery News
Judge won't give bakery workers partial lottery prize
There are always exceptions to the rules too and people sue because of the other exceptions. If it's known the person running the pool allowed someone to play without paying before, call the lawyers. If they need binding contracts just for a simple lottery pool maybe they should reconsider doing it.
Mar 3, 2013, 6:39 pm - Stack47 - Lottery News
Hair stylists spar over $9.5M Hoosier Lotto jackpot
This really sucks but I still play in a pool. I would not ever wish to be making news for pulling out or refusing to enter a work pool and end up like this NY man https://www.lotterypost.com/news/229659 or this Chicago man https://www.lotterypost.com/news/117884. Its not easy.
Feb 23, 2013, 8:32 pm - maringoman - Lottery News
