Lottery Pool Contract Questions to Ask Before You Start
Questions that your lottery pool agreement should cover
Lottery pools are an effective way to boost your odds of winning the lottery without spending any additional money. They can also raise morale in the workplace, bring neighbors closer together, and give members of an organization something to talk about. But there is also the potential for a lottery pool to cause hard feelings. To avoid this, you need a lottery pool contract.
A lottery pool contract simply outlines the way that the pool will be run, so that everyone is on the same page and knows what to expect.
A lottery pool contract doesn’t have to be extremely formal. The idea is to make sure that everyone knows, understands, and agrees to a set of rules. This can help you avoid lottery pool problems ranging from hurt feelings to lawsuits.
Before you start writing any legal document, you want to gather the information you are going to need. Here are some of the questions that you might want to answer in your contract.
Who Will Be Your Lottery Pool Manager?
It’s always a good idea to have one person who is in charge of the lottery pool. This person doesn’t have to do all of the work; they can delegate, too. But they are the point of contact if anyone has questions or concerns. They also make sure that every participant has a copy of the lottery pool contract, they keep track of the signed copies, and they make decisions like where to store the tickets after they have been purchased or who should be the one to buy the tickets this week.
When Will Your Lottery Pool Buy Tickets?
Some lottery pools buy tickets on a regular schedule like once per week, or once per month. Others buy tickets every time a jackpot hits a certain value. And other pools are valid only for a single drawing, then form anew every time an interesting lottery drawing (like a big jackpot prize) comes up.
Your lottery pool agreement should specify which drawing or drawings will be covered. It should include both the lottery games your pool will play and the specific drawings you will participate in.
Who Will Participate in the Lottery Pool?
Before you start to write your contract, you need to know who the pool members will be. Should your group hit a jackpot, some people are going to regret not participating, and regret make those people litigious.
Coworkers have sued winners because they claimed that they were unfairly excluded from participating in a pool that resulted in a jackpot. So you should be sure to outline who will be invited to play and how people can find out about the lottery pool.
Other questions your lottery pool agreement should cover include whether (and when) new people can join the pool and whether members can participate in some drawings while passing on others.
Can Members Buy More than One “Share” In the Drawing?
Some lottery pools allow members to put in more money to receive more shares in the prize if they win. For example, if a single ticket costs $2, a member can choose to throw $10 into the pot to receive 5 shares of the jackpot they win. The pool would then buy five extra tickets, raising everyone’s odds of winning.
Other lottery pools keep it simple by creating an even split; every member puts in the same amount of money, and every person receives the same amount in the case of a win.
Your lottery pool contract should outline how the jackpot will be split.
How Will the Lottery Numbers Be Chosen?
When you buy lottery tickets, you have two options: let the computer choose your numbers randomly, or pick your own numbers. Which method will your lottery pool choose?
The simplest option is to agree to let the numbers be chosen randomly, but if you do agree to let members choose their own numbers, you need to specify how and by whom the numbers will be chosen.
If you go that route, you might also want to have your lottery pool contract waive responsibility if the person buying the tickets accidentally chooses the wrong numbers. Imagine the bad feelings if the wrong numbers were purchased and the right ones won!
What Happens with Small Prizes Your Lottery Pool Wins?
Everyone joins a lottery pool in the hopes of winning a jackpot, but you are much more likely to win a smaller prize. Your lottery pool contract should clearly state what happens to low dollar-value prizes.
You can try to divvy up the prize among all the participants, no matter how small. Or you can put the money toward buying tickets for another drawing. Or you can choose to give small amounts to charity, or to an office coffee fund, or save them up for a group luncheon.
If you do choose to put the smaller prizes toward the next lottery drawing, it makes sense to say that only people who chip in to participate in the next drawing get the benefit.
For example: Say that this week, your pool of 20 people wins $5. That $5 is put toward the next week’s drawing. In the next week’s drawing, only 15 people participate, each putting in a two dollars to buy a ticket. With this suggestion, only the 15 participating people have the chance to win in the new drawing. Although 20 tickets are actually purchased, the 15 will split any jackpot 15 ways.
Your lottery pool agreement should state not only what to do with small prizes, but what the cut-off is for a small prize. Is it $5? $20? $100? $1,000?
Can Lottery Pool Members Buy Tickets Privately?
Imagine that you’re in a lottery pool and you find out that the pool manager has hit a jackpot, but isn’t sharing the funds. Why? Because the manager says that they bought the winning lottery ticket privately, not with the lottery pool’s funds.
This scenario has happened in the past, resulting in bitterness. To avoid it, make sure your lottery pool contract states whether participants, especially the person in charge of buying tickets for the group, can purchase lottery tickets outside of the pool as well.
If your contract does allow members to buy lottery tickets privately, be sure to make copies of the group’s tickets and distribute them, to be very clear which tickets belong to the pool. It’s a good idea to do this in any case.
Will Your Group Take a Lump Sum or Annuity?
If your lottery pool does win a big jackpot, you’ll have to decide whether to take a lump sum immediately or take an annuity and spread the winnings out over a number of years.
It’s a good idea to make the decision ahead of time and spell it out in your lottery pool contract to avoid conflict over the answer if you actually win.
Will Your Lottery Pool Remain Anonymous If You Win?
Some states allow their lottery winners to remain anonymous in case of a win. This helps the winners to avoid some of the negative fallout of winning the lottery, such as losing jealous friends, having reporters knocking at your door for an interview, or being deluged with requests for handouts.
With a group prize, keeping your identity anonymous becomes difficult if some members aren’t on board. To help avoid problems down the road, have everyone agree at the outset whether they’ll stay anonymous or announce their win, assuming you’re in a state which allows you to make the decision.
Finishing Up Your Lottery Pool Contract
This is not intended to be a comprehensive list of all of the issues that need to be covered in a lottery pool contract, but rather a way to start a conversation about your goals with your group. For legal advice, you should always consult a professional lawyer with familiarity with this kind of contract.
Once you have a legal document drafted, it’s important to have everyone read it, make sure everyone understands it (don’t let anyone just skim through it!), and then have each member sign it. You can add weight to the contract by having an uninvolved third party witness the signatures (even more if the third party is a notary!) Your lottery pool manager should keep all of the copies.
There may be local and state laws that influence your lottery pool agreement. Your state, your company, or your region may prohibit lottery pools. Be sure to speak with your company’s legal or HR department if you aren’t sure if you are allowed to start a pool.
A lottery pool contract is a set of rules that participants agree to before buying tickets. See questions your pool should answer in their contract.
How to play as a group
Draw every Wednesday and Saturday
There are three ways to play as a group: with online groups, with Formule Groupe at a retailer, or with a group purchase agreement.
Group members can now play Lotto Max, Québec Max, Lotto 6/49, Québec 49 and Extra online or or on mobile devices with the Lotteries app.
- join an existing group
- create a group and invite your friends
Online group play enables players to purchase one or more shares in a group and pool them with the shares of the other members. One share corresponds to a set number of selections or plays for a given product, to which one or more Extra numbers can be added for one or more draws. Share configuration is defined by the creator of the group.
The number of shares in the group (between 2 and 100) is also determined by the group’s creator. The final number of shares in the group is confirmed at the deadline of wagers and corresponds to the actual number sold, whether or not the maximum number of shares has been reached. As an example, a group that is defined as having a maximum of 75 shares could in the end be comprised of only 10 shares if that was how many had been sold at the deadline of wagers. The group’s creator also decides if the group will be public (visible to everyone using the search tool) or private (people will only be able to join if they have the group’s Web address (URL)).
Winnings resulting from group purchases are automatically credited to the Espacejeux accounts of each member of the group and free plays are automatically issued for the draw following the one for which they were won.
To play using Formule groupe, you may join a group organized by a retailer or a consumer, or create your own group. To join a group organized by a retailer, ask the retailer directly.
To create a group, you may fill out a selection slip and choose your numbers or opt for Quick Picks. Formule groupe allows for 2 to 20 plays, and the group must purchase at least one play per group member. A group may play one draw at a time, i.e. the next draw of the game(s) selected.
|Games||Cost of each play (share):|
|Lotto Max||$5 for three 7-number selections|
|Québec Max||$2 for three 7-number selections|
|Lotto Max + Québec Max||$7 for the same three 7-number selections participating in both the Lotto Max and Québec Max draws of a same date.|
|Lotto 6/49||$3 for one 6-number selection and one “Guaranteed Prize Draw Selection”, representing a computer-generated 10-digit number.|
|Québec 49||$1 for one 6-number selection|
|Lotto 6/49 + Québec 49||$4 for one 6-number selection and one “Guaranteed Prize Draw Selection”, representing a computer-generated 10-digit number.|
Extra may also be played. Ask the retailer for the number of Extra numbers your group can play.
When a group is created, the terminal issues a Création de groupe coupon. The coupon is necessary if the person responsible for the group wishes to replay his group.
With Formule groupe, each participant receives a group ticket that allows him to check whether his is a winning ticket using a self-service lottery ticket checker, or have his ticket validated and claim his share of a prize, if any.
In the case of a valid winning ticket, the value of the prize associated to this ticket is calculated in accordance with the number of shares indicated on it. Note that free plays won (applicable to Lotto Max, Lotto 6/49 and Québec Max only) are automatically issued for the draw following the one which they were won. Each group member’s share of a free play is equal to that indicated on his/her winning group ticket.
Formule groupe may be played in combinations.
The Replay option is available with Formule groupe with a Création de groupe coupon.
With a group purchase agreement
In the event you wish to create a group with more than 20 shares or purchase lotteries not available with Formule groupe, we suggest you proceed as follows.
All group members must be 18 years or older.
The person responsible for the group should endorse the ticket with the mention “as a group of X persons”, photocopy the ticket, remit a copy to each member, and write up a group agreement indicating the following information necessary to claim a prize:
- The name of the person responsible for the group
- The names and contact information, including postal code and telephone number, of each group member.
- Each person’s share
- The name of the lottery product(s) purchased
- The number(s) of the ticket(s) purchased
- The date of each draw
The group agreement must be dated and signed by each member. We suggest that you give a photocopy of the agreement to each of them.
Loto-Québec assumes no responsibility with respect to the accuracy or the use of information at any time contained in any group agreement. Loto-Québec cannot guarantee the accuracy of this information. Furthermore, Loto-Québec assumes no responsibility with respect to the sharing of a prize by the person responsible for the group, if that person has been designated by the group members to receive the payment. Note that only the original ticket may be presented to a retailer for payment.
Play as a group, win as a group! Online lottery group play is availabe for various Loto-Québec draw lotteries : Lotto Max, Lotto 6/49, Québec Max and Québec 49.