Monday, February 20, 2012

Intro to lottery pools

First tip, if you can really call it that. Lottery pools. You regulars might know what Im talkimg about already. The rest of you listen up. Lottery pools are a way to buy more tickets, and odds at winning, by pooling money together with co workers or friends. Some of you might be saying, "pool my money with other peoples money? Wuldn't that mean I get less if I win?". Yes, you will have to split the earnings, you will be buyong more tickets that increase your odds of winning at all too. Some swear by it, some just fancy it a little. Look at it this way though. Will you really be sad if you get millions anyway? Unless your pool is huge you are going to get over a million when you split it up, which is plenty to invest in stocks and bonds, real estate, marketing, production, or just buy boats with.

Some like to go it lone wolf and some like to sacrifice percentages of their earnings to increase their odds of success. It's up to you to decide which way to go. Remember that lottery pools can be VERY lucrative thou.

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