Group Lotto Agreement Form

3. The tickets which are the subject of this Agreement shall consist of [number] entries in the draw of the contest [name of the lottery] to be held on [date of draw]. 6. The total amount spent on the purchase of lottery tickets under this Agreement is [$X.XX] 7. We agree to designate [name of lottery pool manager] who is a party to this Agreement as the designated representative of all parties (co-owners) of this Agreement, and he/she is authorized to act on our behalf. 5. None of the parties (co-owners) of this Agreement is under the age of 18 or otherwise prohibited by law from purchasing lottery tickets or claiming a prize; 8. We acknowledge that the payment of lottery winnings is made in accordance with the lottery laws and regulations of the state [of origin of the members of the lottery pool]. If the lottery tickets that are the subject of this Agreement result in one or more winnings for which the lottery rules authorize direct payment, a request for direct payment will be made. If these regulations allow the payment of the price to a single natural person, the designated representative claims and holds the price in favor of all the co-owners.

If you`ve decided to increase your chances of winning the record $425 million jackpot on Wednesday by participating in a lottery pool, we`re here to help. Below is a simple lottery pool agreement template that you can use to make sure everyone gets their fair share of winnings. All you have to do is copy the text into our template, replace everything [in parentheses] with the information you need, get john Hancock from everyone in the line associated with their name, and then voila: you have a legally binding lottery pool agreement. 4. The following persons participate in this Agreement, all of whom have contributed to the total [number] of dollars ([$X.XX]) for the purchase of [number] (X) of entries in the Contest Draw: This way, if you are all arguing over who is paying the bill for the festive dinner at the nearest Michelin restaurant, it is not a question of who purchased the most tickets and who won what. It will be a question of who is allowed to pay for Peter Pomerol. Good luck to all. We know you`ve saved up for your solid gold Fabergé egg omelet and sombrero, but you can forget about it all now. Eventually, you will win the Powerball lottery. The idea of “saving” will be hilarious and foreign to them.

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