Many people club together in a syndicate to buy several lottery tickets on the undrstanding that they will split the winnings between them. But what if they haven't written down their understanding - what can go wrong? Well, what if the person who is supposed to buy the ticket forget? Does he become liable for the £6million you didn't win? Bit of a risk if you're the one running the syndicate. And what if the person buying the ticket turns around and says that the winnings were his? How easy would it be to prove otherwise? Or what about the syndicate member who's been happily paying in for years but didn't happen to chip in her share on the week that you bought the winning ticket? And did you know that the members of the syndicate who didn't actually buy the ticket are potentially liable to tax on their winnings if they don't have a written agreement? This agreement covers many of the issues associated with winning the lottery - it's much better to deal with these issues before you have a big win creating uncertainty and resentment - then you can just relax and enjoy your winnings!
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