Syndicates
Following the introduction of the UK national Lotto in 1994, many people quickly realized that they could improve their chances of being a winner by joining a lottery syndicate. This lottery syndicate was a group of people that pooled their weekly lotto money together and then an allocated person from the lottery syndicate was usually responsible for purchasing the lotto tickets for the numbers that had been chosen by the group, as well as checking the lotto numbers each Wednesday or Saturday night. Any lotto winnings were then distributed between the members of the lottery syndicate according to how many lines each member had chosen and paid for.
Today, millions of people across the country have joined a lottery syndicate. Many have joined lottery syndicates at their place of work; others have formed lottery syndicate with a group of friends; and some even form a lottery syndicate with family members. With one in four lottery jackpot wins being won by a lottery syndicate, it is well worth joining one or even forming your own to increase your chances of a big win on the UK lotto. Imagine – if your lottery syndicate has fifty members who all place one line per week, this gives you fifty times more chance of winning something every week!
Many lottery syndicates, such as those run between friends and family, are based upon trust. Other lottery syndicates require a syndicate agreement to be signed by all members who wish to join. However, if you have any doubts at all, it is always best to get your lottery syndicate members to sign an agreement. This way, should you be lucky enough to get a big win, there will be no disagreements or fall outs because everything will be signed and sealed in writing.
The UK lotto website has now made running a lottery syndicate even easier with the introduction of its lottery ‘syndicate manager’. This is a piece of downloadable software which enables you to set up and syndicate and manage it online with ease. You can do everything with this software, from checking your numbers to keeping track of winnings. And the lottery syndicate software also allows you to print off a lottery syndicate agreement form for your members to sign. |
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