The possibility of buying lottery tickets online has not only facilitated the purchasing process and the user experience but has also allowed lottery games to go far beyond what was traditionally buying a ticket in a store.

Today, thanks to international lottery operators, it is possible to play lotteries from all over the world.

But not only that: online lottery operators allow you to play the most popular lotteries online in a lot of new ways, beyond buying an individual ticket in the store.

One of these options is to play by participating in the groups and syndicates that are available on their websites, or that you can also create with your family and friends.

Are you thinking about purchasing your lottery ticket?

Not sure whether it is better to do it on your own or by participating in a group, then let’s talk about the main differences between playing alone or in a group, what the groups and syndicates consist of, and which are their main pros and cons.

What Is A Lottery Syndicate or Group?

Before going deeper, you may want to know what a lottery syndicate is. A lottery syndicate can also be called a lottery group or a pool. It is made up of individuals with the same goal of winning a jackpot in the lottery.

However, it is more than that, because it increases the winning chances of its members. How can this be possible? Because each person who joins a syndicate contributes a certain amount of money to buy several lottery tickets.

Thus, the more people in the group, the more capital is available to buy multiple lottery tickets. This way, the syndicate can accumulate tens or hundreds of lottery tickets, which logically increases the chances of winning one of the prizes.

But the best part is that, generally, the syndicates allow you to increase your chances of winning without having to increase your budget since, with what you would spend on one or two tickets, you can already participate in one of these syndicates.

So, it’s a pretty cheap way to play with better chances of winning.

And even if the group has to divide the prize among all its members in case of a win, it still offers the opportunity to win amazing prizes.

Take for example the Wolverine FLL Lottery Club, an Oakland syndicate that bought Mega Millions lottery tickets and won the second-largest prize in Mega Millions history, $1.05 Billion, leaving each of its members with a fortune of $139 million each.

How To Form Or Join A Syndicate Of Lottery Players

Forming a lottery syndicate is easier than most people imagine. It is even easier thanks to the possibilities of the Internet.

To join a syndicate, you have basically two options: either create your own group, inviting your friends and family to join (which would be a private group, where only the members you invite or accept can join), or join an already created public syndicate, where anyone can participate.

Today, thanks to online lottery operators, it is possible to find syndicates to play the best American lotteries, European lotteries, and lotteries from all over the world.

How Does A Lottery Syndicate Work

The process of running a syndicate depends on the number of members that make up the syndicate; this determines whether it will be a complex or simple group.

Take, for example, a syndicate with about 60 members; there is a certain amount that everyone has to contribute.

It could be a dollar or two, depending on what everyone has agreed to and the type of lottery they play. Then, when the money is full, the syndicate manager buys the members’ tickets.

Let’s take an example: If the syndicate is lucky enough, it has a chance to win a jackpot of $60 million.

When divided among them, that’s $1 million each, which means that the members of the syndicate have 60 times the chance of winning for 1/60th of the total value of the prize for the $1 purchase.

Some other lottery syndicates may operate differently, giving members the power to buy more shares when they play; instead of paying $1 for a ticket, they may pay any amount of their choice.

For example, a member of a 60-person syndicate who pays five dollars to the administrator; brings the total number of tickets to 65, increasing the chances of the top spender.

If the jackpot is won, the member will receive 5/65 of the winnings instead of the usual 1/60.

Pros and Cons Of Joining A Lottery Syndicate

A lottery syndicate is more than just a club of people playing the lottery. While it provides a space where several people with the same goal can come together, it also offers several benefits to all members of the group.

That said, some of the benefits of joining a lottery group are:

You can increase your chances of winning with a low budget

This advantage is probably one of the many reasons why people join a lottery syndicate: you can access tens or even hundreds of tickets without having to spend much more than you would for an individual ticket.

However, you must take into account a fundamental factor: the prizes won are always shared among all the members of the group, so you will never win the whole jackpot.

In addition, you must consider very well the size of the syndicate: The greater the number of members, the greater the chances of winning with a smaller budget. However, this also means sharing the prizes with more people.

A good lottery syndicate does everything for you

Another benefit of a good lottery syndicate is that they do all the hard work even when one of the members is not around; this includes computing, withdrawals, buying tickets, etc.

So even if you are busy with various issues, you don’t have to include the difficulties of the lottery in it. Instead, all you have to do is transfer the contribution money to the group administrator and keep track of the conversations.

There is joy in playing as a team

Although it may seem simple, there is more joy in playing the lottery in a group than in playing individually. This theory is especially true among family members, friends, co-workers, members of a social club, etc.

Within the syndicate, it is easy to communicate and talk about wins and losses, while helping each other as needed.

Keep in mind that while coworkers can serve as a lottery group, you need to know how to do it.

First of all, check the official rules and verify that forming a lottery syndicate with co-workers is not against the rules and regulations; if it is, better to desist from forming one in the office.

Final Thoughts

If after reading this you are still wondering whether it is better to play the lottery as a syndicate or individually, the answer is that it depends. What does it depend on?

Basically, on whether you prefer to increase your chances of winning, even if it is only a part of the prize, or if you prefer to win the whole prize by yourself, even if by buying individual tickets your chances are lower.

So, think this through before you play!