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Your Lotto syndicate doesn’t need a contract? Think again
['Nicole Burger']
The South African
Why every Lotto syndicate needs an agreement: Image ChatGPTA Lotto syndicate agreement is the one document nobody thinks to write before their group buys another ticket together.
Syndicate play is one of the most popular ways South Africans play the Lotto.
What your Lotto syndicate agreement should includeA basic syndicate agreement should list every member’s name and contact details, each person’s contribution and how often it must be paid, as well as exactly how any winnings will be divided.
It should also explain what happens if someone stops contributing, wants to leave the syndicate or if new members join.
A Lotto syndicate agreement may seem unnecessary when everyone trusts one another, but it’s far easier to put expectations in writing before a jackpot is won than to settle arguments afterwards.