If ever in your life you have dreamt of winning the Oz Lotto but you have no interest in doing it on your own, then joining a lottery syndicate may be your ticket to success. A syndicate is a collection of players, who go into a pool to spend more tickets and raise other stakes, while sharing the rewards.
The concept is simple: Higher prices = higher chances to win. Although your share of the prize is lower than playing solo your overall chances of getting something increase considerably.
Most Australians are members of informal syndicates of friends, relatives, or workmates. Others become members of unified virtual syndicates; it is the platform, not the members, that arranges for tickets, manages the group, and distributes prizes.
On ozlottoaus.com we will advise on participation or start up of syndicate and what to look for in an honest group. We’ve got you covered from tracking contributions to the division of winnings fairly.
Syndicates are a great ploy to make lottery play social and strategic. Just make sure everything is agreed upon in writing – especially if it’s money you’re looking at.