Could joining a syndicate could help you hit the jackpot
Syndicate explainer – keywords on syndicate, winning, jackpot, lottery, tickets
Is bigger better?
Remember the days when you walked into the newsagent and saw a range of tickets behind the counter you could be part of? Or when you and a few people from work all put some money in to buy more chances?
Well that is exactly what a syndicate is – it’s where you are buying a share of a larger lottery ticket, with more chances to win, versus buying it on your own.
We all know that winning the lottery isn’t easy but when you consider that 1 in 5 lottery jackpots are claimed by syndicates, being part of one is a great way to up your chances of a win.
More chances to win!
Want to increase your chances of a win? Well, with syndicates you are doing just that. With a syndicate share you instantly increase your chances of winning the lottery because you are effectively pooling your money with others to buy more lines, and therefore more chances.
That means in that lottery draw you increase your chances of a win!
When you buy a lottery ticket on your own, you might only buy a few individual games, but with a syndicate, you can be a part of more games which ups your chances of landing the big one!
Just remember that being part of a syndicate also means if you do win the jackpot you will be sharing your winnings with the other members who have shares as well, but sometimes it’s better to have a win than not.
Sharing the load
One of the great things about syndicates is that as well as having more games and a greater chance of winning, you are sharing the costs with the other members of the syndicate.
Having more lines in the lottery means a better chance of winning and includes a better chance of picking up a few wins in the lower divisions.
Syndicates are a great option as they give you an increased chance of hitting the jackpot with less outlay as you’re pooling your money with others to buy a larger number of games or lines that you normally would.
Depending on the syndicate you choose, shares can cost as little as $10.00 each.
Let LottoGo do the work
LottoGo takes the hassle out of being a part of a lottery syndicate.
Syndicates are traditionally organised between a group of family members, friends, work colleagues or a local sports team. That means each syndicate has someone responsible for collecting all the money from each member, buying the tickets and distributing all the winnings – and sometimes they forget!
LottoGo syndicates are simple to join and all the hard work is done for you. All you do is simply choose a syndicate from our list, decide how many shares to purchase and add them to your cart.
All the admin and payouts are then taken care of by us. The other good part is in a LottoGo syndicate is you remain anonymous as you are simply partnering up with others who have purchased shares in that particular syndicate.
How to join
LottoGo syndicates are easy to join. Simply go to our syndicates page where you will find a selection of syndicates across our biggest lotteries to choose from.
All you do is pick the lottery, choose the number of shares you want to buy and Bob’s your uncle!
Now you know what a syndicate is and how it works, it could just be the ticket you need!
LottoGo – Home of the World’s Biggest Lotteries
LottoGo.com.au is licensed and regulated by the Northern Territory Government of Australia for Australian customers (For full details of LottoGo.com’s Regulatory Body please see T&Cs Apply) and has more than 1,000,000 players. 18+ Think! About your choices. Gamble Responsibly. Call Gambling Help on 1800 858 858. www.gamblinghelponline.org.au LottoGo.com.au does not accept customers from South Australia.
*18+ Deductions & T&Cs Apply. Winnings will be divided proportionally between the syndicate group. Each ticket is a 1/50th share. Winning amounts listed are calculated and credited in AUD. Amounts may differ due to exchange rate fluctuations.