Lottery Syndicates – Should You Participate?
There are times when you’ve got to look up to the power of “One” and there are times when you just have to say “Team”. When talking of lotteries, you increase your chances of winning manifold when you participate in a lottery club/syndicate.
A lottery club/syndicate online harnesses the power of the internet to enable people participating in a lottery to win more frequently. This happens because when you purchase lottery chances via a syndicate, you automatically make yourself eligible for the winnings of other members. In essence you are entering a given lottery draw multiple times at no extra cost out of pocket. Thus, your chances of winning increase exponentially. Of course, the winnings are split between the participants. So, a lottery club/syndicate is basically a trade-off between a potentially huge lottery win against better chances of winning a smaller share of a jackpot.
By becoming a member of a lottery club/syndicate online you get access to some of the largest tax-free lotteries in the world.* Membership is easy; all that is required is a computer with an internet connection and a credit card. With a lottery club/syndicate you do not need to keep purchasing tickets every week and visit your lottery seller for checking results. The whole system is computerized and when you win you are notified by email. You do not have to go anywhere to collect your winnings, they are sent to your provided address or banking, etc.
There are several online resources which review better known lottery club/syndicates. You can reference these before you decide upon the syndicate most suited to your style and budget. Membership fees may vary and the number of participants in a group can also differ. You should also check for member reviews on different online forums, inputs from your countrymen can be especially revealing. Check for the kind of customer service and back-office support offered by the syndicate. Of course, scams abound and you should be alert and not fall prey to anything that sounds too good to be true.
Finally, you could also take a look at the range of software available for lottery and gaming enthusiasts. This includes syndicate management software for syndicates, entry management software, and lottery analysis software for lotto players.
* Tax free lotteries are tax free because they collect the tax on the front end in the ticket price. The prize may be tax free where sold, but not tax free where you reside. Even so, it is better to pay taxes once than twice.
