Lottery Syndicate Agreement www.SaferSyndicate.com www.EuroMillionsResults.com www.Just-Lottery-Results.com

Lottery Syndicate Agreement
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Lottery Syndicate Agreement
Template agreement - to be used at syndicate managers discretion - see attached notes
Syndicate Name:
________________________________________________________________________
Syndicate Manager:
________________________________Deputy Manager __________________________
Start Date:
_____________________________
Player Name and Address
Contribution
Per Draw
End Date (if applicable) __________________________________
Share of
Winnings
Signature
And Date
Record of Entries
Payment Dates & Amounts
Procedures
List draws, numbers, days etc. here
List when payments collected
Procedure for leaving syndicate
Witness’ Signature: __________________________________________________________________________
Witness’ Name:
____________________________________Occupation _____________________________
Address:
___________________________________________________________________________
Schedule 1
Player
Contribution
Per Draw
Share of
Winnings
Signature
And Date
Notes
1. The syndicate members are as set out on the Lottery Syndicate Agreement page and
continued on Schedule 1 if applicable.
2. The syndicate shall participate in draws as listed on the agreement.
3. The weekly subscription to be subscribed by each member is listed in the ‘Contribution Per
Draw’ column..
4. A member who contributes more than the weekly subscription shall be entitled to a
proportionate increase in the share of the winnings which is listed in the ‘Share of Winnings’
column.
5. It is the responsibility of each member to pay to the Manager his/her weekly subscription
before the agreed deadline which is _________ days before the draw. If any member fails
to pay on such date that member shall not be entitled to a share in the winnings of the
relevant draw. Weekly subscriptions may not be paid in arrears.
6. Any prize won in respect of a syndicate ticket shall be divided equally among the members
participating in that draw unless the aggregate prize won is less than £_____:_____ in
which case the prize will be added to the total subscription for the next lottery draw or
used to purchase further entries as agreed by the Syndicate.
7. The Manager shall be responsible for:
● Putting in place a procedure for agreeing the combination of numbers to be entered by the
syndicate for each draw;
● Collecting the weekly subscriptions from the members;
● Purchasing the tickets bearing the agreed syndicate numbers for the amount of the total
subscription for each draw;
● Collecting any prize money and accounting to the members for their respective percentages
in accordance with their individual stakes. The Manager shall hold such prize in trust for the
members at all Times.
8. Provided the Manager has acted honestly and in good faith the Manager shall not be
personally liable to any member for loss or damage arising out of the failure by the Manager
to adhere to the terms of this Agreement.
Please edit this template to suit your needs.
No liability whatsoever will be taken for any action occurring from the result of using this form.
Notes & Amendments
Add any notes and amendments to the Syndicate Agreement here