Archive for the ‘Lottery’ Category

You must have heard stories about how purchasing elottery tickets have changed one’s fortune. The prize amounts offered by these e-lottery companies are huge enough to solve all your financial problems. The way to get them is simple. You need to buy more and more tickets to improve your chances of winning.

While speaking about lotteries, who can forget the big jackpots offered by the UK National Lottery and Euro Millions? The former sells around 14,000,000 tickets with different number combinations. So if you play as an individual or hold one ticket your chance of winning is 1 in 14,000,000. This is why you can find so many online UK lotto syndicates these days.

Once you become a member of these UK lotto syndicates, you will have to pay an amount on a regular basis. The syndicate will purchase a bunch of tickets say 1000 tickets for every e-lottery draw with that money. This will surely increase your chances of winning. If a number wins the jackpot the total prize money is equally shared between the members. This is the real charm of being a part of such groups.

Now you can either become a part of any established UK lotto syndicates or can form a new one. For this you need to gather some likeminded people. You can keep the group small or can make it a big one, depending on your preference. However, bigger groups usually have higher chances of winning. In addition, there are certain factors that you need to focus on while forming a group like those of the UK lotto syndicates or Euro Millions syndicates.

First and foremost, you must put everything in pens and paper. This means you must prepare a proper contract or agreement containing the terms and rules of the syndicate. Every member must sign the agreement before becoming a part of the group. Give a copy of this agreement to all the members as well as one to your solicitor. Also, display a copy of the contract on the notice board of the syndicate.

You will need to mention the name of the person who is in-charge of purchasing tickets and filling them out every week. Give the contact details of the person. Keep records of all the tickets purchased and mention how the syndicate will collect the weekly subscription amount. In general, the online UK lotto syndicates have an automated system of collecting money through PayPal accounts and credit cards.

Another factor that must deal very seriously is how you would distribute the money. Usually the major UK lotto syndicates payout the winning amounts immediately in case of the big jackpots. You too may follow the same pattern. However, problems usually arise with minor prizes. You can either get them carried over or distribute at a later date, especially during festive seasons; or can share them once they are huge enough to satisfy all the members.

You must also be thorough with your local tax laws. In some places, you will have to declare your syndicate for the tax purposes. Finally, make a rule about how people can join and leave the syndicate.

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            With the advent of online gaming sites, playing lottery and buying such tickets online has become very convenient. There is no need to look for brick and mortar stores to purchase lottery tickets and you can easily win big jackpots with a mere click of mouse. However, just like any other casino games, you need to follow a set of rules and regulations while paying lottery online. Most of these rules are quite similar to that of the land-based outlets, and you have to follow all these rules while playing lottery. Knowing these rules is important for picking up proper numbers for any online lottery ticket.

            You will have to select a set of numbers and form a combination. Based on this combination, it is decided whether you have won a game or have lost it. In a brick and mortar store you can pick up your own combinations. However, this is the rule that differs while playing lottery online. In general, the majority of the lottery websites pick up the number combination on your behalf. The software used by these sites generates a number combination for you. All you can do is select the combination that you want. Once you approve a combination, this software will check whether or not you have selected the winning combination and will generate the result.

            In case you do not like the set of number combinations generated by the automated software, you can click for the next suggestions. This can be repeated until you find a combination that you like the most. After you have come across a suitable combination, approve it immediately. Once the approval process is completed, you will have to make the payment online. Such payments are done through PayPal accounts, credit cards and some other universally accepted forms of payments. Usually the mode of payment differs from one online lottery site to another, depending on their payment policies.

            On the other hand, there are some online lottery sites that allow the users to choose their preferred number combinations. However, such sites are very rare. This type of lottery site will provide a set of numbers from which you can select those numbers that you like or think are lucky for you. The set of numbers that the website will provide is generated randomly and thus you might have a limited scope of selecting your preferred numbers.

            There are many gamblers who select the numbers according to their birthdays or anniversary dates, to form their combination. Some may also use other important dates like the date of their spouses’ or child’s birthday. You can lookout for numbers that are mentioned as your lucky numbers in your horoscope or in astrological sites. This means, there is no set of rules for selecting the number combination while playing lottery online. But, as said earlier, these types of sites that allow you to select you preferred numbers are quite rare. Thus, in most of the cases you will have to accept the combination generated by the lottery website.

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