Nov. 3, 2014 - Lottery pools spring up like mushrooms when jackpots reach levels at which even a split pot would make a difference in a person’s life. Currently, the Mega Millions® jackpot is an estimated $321 million and the Powerball jackpot is an estimated $178 million, making pools an attractive option for improving each member’s odds.
The Wyoming Lottery Corporation has launched WyoLotto™ Pool Play to provide tips and fun downloadable resources for everyone. Downloads, available at wyolotto.com, include signup sheets, posters, tips and pool rules.
“Lottery pools are popular not just because they increase each member’s odds of winning,” said Jon Clontz, Wyoming Lottery CEO. “They also maximize the fun.”
Clontz noted that there are friends and coworkers pooling their money and playing together right now. “Our web site is offering information and tools to help others get in on the fun and excitement of being part of a pool. We’ve created tools players need to start a pool at work or with friends.”
To help spread the word about Pool Play, the lottery is holding a $5,000 drawing in December. All pools that sign up online at wyolotto.com by Dec. 14 will be entered for a chance to win and split $5,000.
“Pools are all about people coming together to have fun,” Clontz said. “Whether the winning pool’s participants divvy up the $5,000, use it to throw an office party, or spend it on lottery tickets, it will certainly be a fun win for the pool players.”
Recent examples of pools that have hit it big include an office pool in Pennsylvania that won $2 million in the Oct. 22 Powerball drawing and another in Green Bay, Wisconsin that won $1 million in the Aug. 27 Powerball drawing.
Clontz encourages pool organizers to considering the following when creating a lottery pool.
Pick a leader. Pick a leader who will be in charge of the lottery pool and who will buy the tickets, make copies, keep track of winnings, etc.
Create a team agreement. Creating a group agreement that spells out who’s playing and individual contributions. Have all participants sign it.
Publicize it. Post a list of all participants so there’s no uncertainty about who’s involved and who isn’t.
Keep the tickets secure. Keep the original tickets in a safe place.
Go to wyolotto.com for more information and resources that will help your pool.
The Wyoming Lottery has also produced an informative rack card that provides useful tips about forming lottery pools. The rack card is available at WyoLotto retailers statewide.