Things to Remember When Joining a Lottery Syndicate

The lottery is enticing to play because of the big jackpot that’s at stake, which can probably change your life. However, if you think about it, the chances of winning are very slim if you purchase just one or a few lottery tickets. Considering the price of the tickets, it’s also not easy on most people’s pockets to purchase more, and still not have a guarantee of winning. Aside from the typical method of playing the lottery, another option that you have is to join a lottery syndicate. This is a group composed of a certain number of people that contribute a specific amount of money which will be used for purchasing more lottery tickets, giving higher odds of winning the jackpot. The winnings will be equally distributed to the members.

Not All Syndicates Are Made Equal

Don’t just join any syndicate without doing research and comparing them. Not all groups are created equal. To make sure that you are only dealing with a trusted lottery syndicate and that you are getting the best terms, take time to search around and compare options.

Find Out How to Join

Lottery syndicates can be offline or online. You may create a group or join a group around your area that may be composed of your friends, neighbours, office colleagues, relatives, or other people that you meet personally. There are also syndicates that you can join online, like e-Luk. While others allow people to sign up on their sites for membership, e-Luk membership is only by invitation. If you want to become part of one of their syndicates, which is composed of 150 members, you need to get an e-Luk invitation. Contact them to be considered for an invitation; that’s as long as you have an email and you are over 18 years old.

Find Out How the Process Works

The lottery draw is just the same as when you play it on your own. The only difference is that you have more tickets, which you share with the entire lottery syndicate. If one of the tickets wins, then whoever is managing the group or is the representative will get the winnings and distribute them to the members. Find out how much you need to pay for the membership, what it includes, how to pay, and its duration. For instance, with e-Luk, the membership fee is £39 per month with a standard contract duration of 3 months. Payment is deducted via direct debit. Make sure that you know when and how you will be paid in case your lottery syndicate’s ticket wins.

It’s true that you’ll get better chances of winning the jackpot if you join a lottery syndicate. Be sure that you are joining a trusted one to ensure you get your winnings.