There is usually one person who collects and distributes the profits and it's important to know your percentage of the winnings...
If you are fond of lottery and are looking for a place to lower the odds against you, lottery pools and clubs should be your first stop. These are ideal places where you are able to get better odds and get the ability to play lotteries that are world wide.
If you are keen on playing lottery you should note that about 40% of wins are made at these pools or clubs. It has been seen most of the time that there is a group of people who tend to contribute $10 every week. This is often found in offices and this has been the practice for many decades and years. With the aid of pooling resources players are able to get better coverage with their luck and it also gives immense power to the player as he/she is playing with not just ten but a hundred lottery tickets.
So, in short a lottery pool or club is a group of people who pool in their money to purchase a number of lottery tickets. Investment is the basis of ownership in this pool. For instance there might be ten partners in one pool and every partner would contribute the same amount of cash. If won every partner will be the owner of 10% of the lottery ticket winnings for that specific lottery pool. So if the cost of a lottery ticket is $1 and ten people contribute $20 the entire group will have 200 tickets instead of 20 tickets. This means you can opt for computer generated ticket numbers or deploy your own numbers. You also get the choice to wheel a large set of numbers or if you are looking for a simple option-get in a lottery pool to enhance chances of winning.
It has generally been observed that a lottery pool begins in a work group and includes fellow workers as well. There is one person who runs the pool and he/she collects the money and buys the lottery tickets. He/she also distributes the share of winnings. This arrangement is a fine one however everyone must know the percentage of ownership of the wins. Things can be easier if the owner sends out memos or emails to every participant so that they get a re-cap every week.
The lottery pool generally has a written and notarized agreement. However at times this is not possible and so the pool lands up with an oral agreement. Every pool must have a person to tackle frauds and doubts. If the agreement is an oral one it is wise and prudent to have all the members of the pool present when anything is agreed upon. If you are a member of an online lottery pool, invest time and read all the provisions of the agreement carefully. You should be warned and always participate with people you know and trust. Every term and provision should be understood.
Most of these websites are reputed however the best lottery pool is one that has a formal agreement.