Lottery Syndicates Benefits

Traditional Lottery Syndicates have some advantages and disadvantages 

The main strength they have is that the consortium hughly can increase their chances of winning. The disadvantage is that they will share winnings with all that is included in the lottery syndicate. 

So what is a lottery Syndicate

A lottery syndicate is a group of people, or those affiliated with an organization that brings together their resources to buy lottery tickets. Often, the syndicate is based around a group of employees or members of a social club or even friends and family 

Therefore, instead of just buying a ticket for a draw syndicate can buy 10, 20 or even hundreds of tickets. This means greater chances of having the winning ticket. But the negative side, the lottery syndicate is that the gains which are scattered among the group. However if you win more often and with bigger jackpots - 50 million on the EuroMillions lottery on the major transitions - I am sure you would not have mind share. 

Lottery syndicates have existed for a very long time and have been very popular in Europe. They are especially popular in Britain, where there is official syndicates to manage the funds, and each member has agreed so that there is no dispute over the prize. 

The only place that lottery syndicates have gained popularity in the United States. The main reason for this is that each of the individual states have their own lottery with only a couple of lotteries is available in several states. Lottery, which is available in most states are Powerball, and also to a lesser extent, Mega Millions. 

This makes the lottery syndicates something that is wanted in the U.S., but unfortunately it is something very difficult to organize. There is also the question of the state and federal laws. There are so many matches that should be met for lottery syndicates, and many just are not eager to go through all the paperwork and questions. 

The biggest problem with traditional lottery syndicate is that there is no safe way to contractually bind the people in lottery syndicates, when a group of friends / family. It may sound foolhardy, but when the big prize is won there can be bitter and expensive legal arguments. This is why organizations and organized syndicates have been the most desirable solution. 

A solution to problems is ELOTTERY syndicate syndicates system that allows the management of the consortium by a separate 3rd Party insure that all fees collected and benefits are evenly distributed. Currently syndicates positions are available in the UK National Lottery Euro Millions lottery and Spanish ElGordo lottery. 

These syndicates are open to members from anywhere in the world (except U.S.). Can your syndicate be the winner of BIG Jackpot? For more information about creating or joining a syndicate and your opportunity for free access to the next UK lottery, you can see free video on the Euro Lottery syndicate.