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+17 Tips on Splitting Prizes

I run a lottery pool at my job for 35 people. We have clear rules and documentation everytime we play. We haven't won a noteworthy prize yet but I feel something will come soon (wishful thinking I know). Was wondering if anyone had tips on how to claim and distribute funds.

Recent responses

+19 @gvillager Make sure you are buying tickets in a state that allow a Trust to claim the prize. After you win you form the Trust, all 35 members of the pool would be a beneficiary of the Trust. Get a lawyer to help you set this up after you win.

+12 @bahamapapa817 Be as open and transparent as possible. Any deceit will cost you dearly when this much money is involved.