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jackpot lottery pool

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i've noticed more and more that jackpot winners are people in lottery pools.would you join one if you thought it helped your chances?

calabs's avatar - bass fret.jpg

Sure!  It would have to be the right people, however (of course).  What's the old addage: "don't ever do business with your family"???  I've given this much thought in beating the Cash 5 game.

There have been MANY jackpots won using the snydicated approach.  More buying power, more wheeling power, more WINNING power.  Personally, I don't know the right people though.  LOL

Coin Toss's avatar - shape barbed.jpg

I voted not sure. I worked in Vegas for years and from what I've seen almost every form of gambling should be a solo endeavor.

RJOh's avatar - chipmunk

Sure, before I retired I was in several lottery pools with my co-workers, some were for every drawing and others were only when the jackpots were large.  I have no problem with joining a lottery pool with people I know and see every day but I would never join a pool with strangers.

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I would.  And I believe this site is the place to do it.  I have been reading the posts for several months now and I feel the atmosphere here is very positive, very forward, and extremely honest.  In any lotto pool, honesty is a required virtue.

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I would.  And I believe this site is the place to do it.  I have been reading the posts for several months now and I feel the atmosphere here is very positive, very forward, and extremely honest.  In any lotto pool, honesty is a required virtue.

 

yes, honesty is the most important of all.  Not sure if I would be in one online but anyone I go in with I tell them up front, if you don't want to be fair with the pool players, don't play.

 its as simple as this.  some people get greedy and dishonest and want it all even when their are partners. 

 

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Pools scare me. Honesty is just a word until someone wins. How many people get sued and "feel" left out with these pools? Would I like to win, yes but to me I do not want to win at any cost to my life, health, freedoms, and morals. If I never win on my own, then it was meant to be and those odds none of us can beat. Cheers,

 

Acro

four4me's avatar - gate1

Iv'e been in pools before and only with a limited amount of people usually 5 to 10 people. I've heard of pools of 20 or more people. I don't want any part of that kind of pool. Too many problems could pop up and not enough cash going to you should you win. I don't mind sharing a jackpot but when 20 people win not much to brag about after everything has been divided up.

Another way i look at it is if the pool wins the pot and i can't come away with at least 3/4 million after taxes then i ain't getting in the pool.  

weshar75's avatar - Lottery-042.jpg

I was in a lottery pool over ten years ago but I stopped being in it because I am very greedy and I do not want to share my winnings with any one that I do not have to.  So I would never join a lottery pool again if I had the opportunity because I would not want to share my winnings with any one period.-weshar75

Coin Toss's avatar - shape barbed.jpg

 
Let's say there are 20 people in an office.  Ten go into a pool and 10 don't.

They get lucky and hit. Now one of two things almost have to happen:

1. "C'mon, you know I'd go a buck, in fact here's my buck, cut me in." So what was a 10-way split would become 11, or 12, etc...

OR

 2. Those 10 resent you for winning and they didn't and you have new enemies for life.

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There are five, non-famaily people, in the whole world that I would consider joining a pool with.  Then it would have to be a huge amount of money.  Splitting a jackpot and winding up with under ten million, would eventually be depressing.  "Cudda won a hundred million, wound up with ten million."  Not a lot of people can handle that sort of reduction in potential wealth.  They can can talk about the small amount not mattering, but it always does matter.  I already know, I would take care of those five people, if I win, and I know they will take care of me, if they win.  So, why pool?  Just go for it.  Feel rich, and spread the wealth.  Better chance at winning?  Nope!  You have the lucky number or you don't.  People have bought thousands of tickets an won zilch!  Not rocket science, just lottery logic!

 

 

TheGameGrl's avatar - Lottery-012.jpg

My workpalce has two lottery pools based on the division you work in. The one group fluctuates from 15-38 employees depending. The one I belong to is 4 ppl! We actually have a side bet which group will top the other! Its actually funny! Our Lil 4 group has had the pleasure of collecting 150$ and as much as 500$ from a dollar play ticket. So its like Maddog says, its not Quantity its quality!

We have strict rules and each play is its own. I dont care for large groups, they are too greedy and rarely break even...My Lil group breaks even or is ahead on average :)  Even an 8 way split is far too much given the taxman gets more then the winning players!

tntea's avatar - Lottery-059.jpg

I don't have many people to pool with.. but I do buy tickets and give them away.. I figured at my luck, I would give away Millions of dollars.. So at least will be close to that person that wins..

Dad loves the game.. more than I like it..So he gets tickets from me all the time..

I buy my Mom, my boss and my friend and children tickets all the time.. My children are 21 and 27..

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I buy my Mom, my boss and my friend and children tickets all the time.

Hehehehe.  Mom, friends, and children are OK.  I did that for my boss, and my co-workers would take me out back, put me in a dumpster, lock it, and throw away the key and weld the top closed.  He is as popular as a fire drill during a blizzard.

sirbrad's avatar - Lottery-062.jpg

Yea we should have an LP poll. Everyone send me $5 for next draw. LOL Would be an interesting idea, but I also avoid pools for the most part, as I do not wish to split a jackpot with too many others. Especially smaller jackpots. At the most I pool up with one family member once in awhile.

I prefer to play myself though, as their is less financial obligation to others. But it is actually hard to find anyone as serious about the lottery as I am, most only play once in awhile on whims....you know the jackpot winning types. The ones who only want to throw a dollar down once every few months when they see on the news that there is a record jackpot going on.

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