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Breakfast buddies file suit over lottery ticketReply
Interesting story and comments. The pool concept makes sense if you buy into the odds theory that the lotteries propagate, that you divide your odds by the total number of combinations and the number of combinations purchased.This is just not true. If there are 175 million combinations and you buy 55 tickets your odds of winning are 175 million MINUS 56 (including the winning ticket), not DIVIDED by 55; (that comes out to 174,999,944 to one, not 3,180,000 to one). Mathematical fact.My point is
Dec 30, 2005, 3:32 pm - Rick G - Lottery News

Breakfast buddies file suit over lottery ticketReply
I wonder what would happen if a lottery ticket was indeed a bearer instrument and no lawsuits based on these he cheated the lottery pool claims were possible. If the bearer said the ticket is his alone, he gets all the money, if he says he is sharing it with a pool everyone gets a check. It would all depend on the integrity and honesty of the ticket holder, so you would have to choose your friends wisely. If you don't want to risk a friend or coworker walking off with your millions, then do
Dec 30, 2005, 9:56 am - tg636 - Lottery News

Breakfast buddies file suit over lottery ticketReply
The pool purchaser always provide everyone in the pool a photo copy of the purchased tickets. They should be quick picks only. The ones YOU play should be manual pick only. Try to avoid being the pool purchaser if you can!
Dec 29, 2005, 10:30 pm - LckyLary - Lottery News

Breakfast buddies file suit over lottery ticketReply
That's exactly why I don't buy extra tickets outside of my lottery pool.
Dec 29, 2005, 2:44 pm - cps10 - Lottery News

SoCal man sues to get share of $315 million lottery jackpotReply
cps10 wrote: << But really technically, the pool's winnings are covering them since that money is rolled over anyway. I don't know...I guess I need to revisit our rules. Is it worth an extra $100,000 per person to keep just to enforce a rule and kick someone out when we are talking millions in prize money anyway? And perhaps maybe lose that money in a court battle? >> If somebody didn't pay and that's being covered by winnings that are rolled over into future ticket purchases, then e
Dec 20, 2005, 2:10 am - KY Floyd - Lottery News

SoCal man sues to get share of $315 million lottery jackpotReply
This used to happen in a pool I played in. Player X would be out on the day the tickets were purchased and we would have to decide what to do. Usually someone would cover for them and accept responsibility for getting their money back. If nobody wanted to spot them, and we couldn t reach them by phone, they were out. Looking back now, if we had won when a situation like this happened, it probably would have gone to court. We were coworkers and got along pretty well but money definitely chan
Dec 19, 2005, 5:33 pm - LottoPools - Lottery News

SoCal man sues to get share of $315 million lottery jackpotReply
I keep away from Pools, however if one desires to participate in a Pool there are some important precautions that the Pool members must initiate. Read Demonter's Blog-Lottery Pools for my ideas about the essentials concerning administering a Lottery Pool.
Dec 18, 2005, 8:56 pm - demonter - Lottery News

SoCal man sues to get share of $315 million lottery jackpotReply
Smart thinking; it's nothing but grief getting mixed up with other people's gambling habits. My dad ran a pool once and he also bought tickets for himself. If he ever won a jackpot with his tickets ..imagine the lawsuits and recriminations! If I would have won with a ticket I bought, both my dad and I would likely face a lawsiut. Forget about it. As far as finding a good pool to join, just be sure that this pool has some formal rules that they play by-namely the status of players who don't
Dec 18, 2005, 8:32 am - demonter - Lottery News

SoCal man sues to get share of $315 million lottery jackpotReply
As the one statement indicated, he hadnt been in the pool for a year , so what in heavens gives him the right to proclaim a stake in it. Sorry this smells of greed. Hopefully the courts will toss this case out and move on to issues of importance. No settlement should even transpire. Unless he has receipts showing he made payments on a weekly basis towards this lottery pool. (which I'll bet the farm he doesnt). Our work lottery pool is clearly spelled out. You dont pay in, you dont get the payout
Dec 16, 2005, 7:41 pm - TheGameGrl - Lottery News

SoCal man sues to get share of $315 million lottery jackpotReply
If I did not pay my money to the pool to buy tickets for that drawing, I would never expect winnings regardless how many times I had played in the pool previously. I hope his other non-pool co-workers give him crap about his lawsuit. This is about jealousy 100%.
Dec 16, 2005, 7:36 pm - BabyJC - Lottery News