I’ve been the organiser of a lottery syndicate for a few years. There were 9 of us originally, one person left a year ago and then someone else left about 6 months ago. People transfer me £10 a month and I buy 9 tickets a week. I didn’t ever get round to reducing the number of tickets when people left so I still pay for 9 tickets a week even though only 7 people now play.
We’re going to wind the syndicate up now and I’m trying to work out what to do with the pot of winnings.
I’ve worked out what 1/9th of the pot was when the first person left, what 1/8th was when the second person left and then I’ve split the current balance 7 ways.
I think this is the most equitable way of doing it, as it’s definitely my fault that I haven’t changed the direct debit and continued to pay for two extra tickets a week so the other option of splitting the pot 9 ways and me taking 3/9th seems wrong, but then everyone else has been benefitting from two extra tickets per week…
It makes about £15 difference - the pot would be about £75 per person split 7 ways and £60 per person split 9 ways.
WWYD? :crazy:
Lottery syndicate - WWYD?
- Turtle Bean
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Re: Lottery syndicate - WWYD?
I cannot even understand the question. :lol: Er, good luck? :spin:
- Glint
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Re: Lottery syndicate - WWYD?
Have the leavers already had their share of winnings?
Could all syndicate members agree to a one off bet or meal out?
I’m not 100% sure what I’d do, could you ninth the winnings and donate £30 to a charity and that way you’d all end up with the same?
Could all syndicate members agree to a one off bet or meal out?
I’m not 100% sure what I’d do, could you ninth the winnings and donate £30 to a charity and that way you’d all end up with the same?
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Re: Lottery syndicate - WWYD?
Do the others know you’ve been paying for extra lines?
It’s not £15 difference though to you, is it? It’s £75 v £180, if I’ve read that right.
It’s not £15 difference though to you, is it? It’s £75 v £180, if I’ve read that right.
- Chicky
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Re: Lottery syndicate - WWYD?
Yeah it is a big difference for me which is why I don’t think I feel comfortable with it!
Somebody pointed out I was paying extra when the first person left and I said I’d sort it out. So it really is my error/laziness!
I think I’ll just split the pot 7 ways and be done with it.
Somebody pointed out I was paying extra when the first person left and I said I’d sort it out. So it really is my error/laziness!
I think I’ll just split the pot 7 ways and be done with it.
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Re: Lottery syndicate - WWYD?
That’s what I’d do!Chicky wrote: ↑Fri Dec 01, 2023 7:14 pm Yeah it is a big difference for me which is why I don’t think I feel comfortable with it!
Somebody pointed out I was paying extra when the first person left and I said I’d sort it out. So it really is my error/laziness!
I think I’ll just split the pot 7 ways and be done with it.
- emma_p
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Re: Lottery syndicate - WWYD?
I would do the same as Elya 

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Re: Lottery syndicate - WWYD?
I’d definitely split equally!
- Kleio
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Re: Lottery syndicate - WWYD?
The third option would be to take back the cost of 2 extra tickets for as many weeks as you paid extra then divide the rest by 7.
- Chicky
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Re: Lottery syndicate - WWYD?
Just to say thanks for all your advice, I just split the pot 7 ways in the end. I did say that if we won millions in the few remaining draws that I reserved the right to claim 3/9th of the prize though :))
I’m just pleased it’s all over and done with now!
I’m just pleased it’s all over and done with now!