The National Lottery has made over 3,700 millionaires and given out more than £53 billion in prizes since its launch in the 1994.
This promising statistics does not mean that it is easy to win the lottery. Chances are still stacked against you.
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Joining a lottery syndicate might seem harmless and easy, but the reality of winning as part of a syndicate has its own set of complexities. There have been cases where players missed out on their winnings so it’s essential to ensure one has a solid agreement in place to save on any complications or a selfish person trying to pull a fast one.
Despite the nasty tales of court cases, there are still advantages to playing as part of a syndicate. For one, your chances of winning are boosted considerably. The greater the numbers of people joining, the more likely you are going to end up a winner. The winning money will have to be shared around, but the winnings can still be considerable if the numbers are limited or the jackpot is huge.