The lottery tables increase the odds and possibly the headaches.
The lottery tables increase the odds and possibly the headaches.
A customer purchases a Mega Millions lottery ticket at a local grocery store on Tuesday, October 23, 2018, in Des Moines, Iowa. Lottery players will have the opportunity to win a jackpot of $ 1.6 billion in the Mega Millions draw Tuesday night. (AP Photo / Charlie Neibergall)
DES MOINES, Iowa - A group of New Jersey construction workers noticed that the sixth member of their lottery group had stopped working abruptly. It turns out he had a $ 38.5 million lottery ticket and said he bought the winning ticket separately with his own money.
With the Mega Millions jackpot now at a record $ 1.6 billion, it may seem like it makes a lot of sense to unite the money with co-workers or friends to increase the chance of winning a giant payday. But "with so many zeros attributed to it, it's a recipe for disaster," said Rubin Sinins, the lawyer for the five construction workers in that 2009 case.
Sinins said such plans could become a prolonged legal fight, tough feelings and court orders, as in the case of his clients, who finally won a jury verdict and divided lottery winnings. But if you venture down that road, he and other experts have some advice: make an agreement.
"Document precisely who is part of the lottery group so there are no misunderstandings later," he said.
Other lawyers and lottery officials agree, although they recognize that it may seem silly to work out agreements and copy ticket stubs given the unfortunate odds of actually winning. The odds of winning the Mega Millions jackpot on Tuesday night are 1 in 302.5 million, while there is a slightly better chance - 1 in 292.2 million - to win the $ 620 million Powerball prize on Wednesday night.
If there is no winner on Tuesday night, lottery officials said the estimated grand prize would jump again for Friday night's raffle, to $ 2 billion.
Mary Neubauer, spokeswoman for the Iowa Lottery, said the key is to put some rules in writing. That includes details on how any prize would be distributed, the members of the group, and what should happen if a normal player is absent and did not join for a specific draw.
And always make copies of group tickets, including identification numbers on the back of the tickets, before the draw so everyone is aware of the potential earnings numbers.
"You're thinking about the best scenario to win, but you're taking precautions about the worst case of fighting for the winnings," Neubauer said.
The Missouri Lottery recommends that people also have a plan to notify group members if they win, find out who the spokesperson for the group would be, and perhaps even decide which external agent would serve as the financial planner.
Despite its importance, it is understandable that such planning may seem unnecessary, acknowledged Christopher Burns, a Minneapolis tax and estate attorney.
"Laying the groundwork is important, but most people would not bother to lay the groundwork because the odds are very small," Burns said. "People do not usually spend the time or effort of having something in writing or taking other measures because the odds are very remote."
Jennifer Volpert is among those who share the group's idea, but noted that she and her co-workers in the Arkansas Department of Finance and Administration would be prepared if they won the record jackpot.
Volpert bought seven Mega Millions tickets during his Tuesday lunch at a Little Rock convenience store. He planned to draft a contract and have everyone sign when he returned, specifying that the prize would be divided in seven ways.
"We all said that we would present our resignation at the same time," he said, laughing.
About 20 people at Todd Murphy's media monitoring company in Omaha, Nebraska, also formed a group of offices to buy Mega Millions tickets, but first they had to sign a contract that included a stipulation: "If we win, it will work 60 days. later, winning so we can replace you. " Murphy, the CEO of the company, said no one was opposed.
Of course, group lottery purchases are not for everyone. Mark Maddy, who works at a machine shop in Champlain, New York, said the nine people who work at the company love bets: "We'll bet on anything," he said, "even the first snowflake."
But not the lottery jackpots.
"We are all too greedy," Maddy said. "We buy our own tickets."
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Grabenstein reported from Little Rock, Arkansas.
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For the full coverage of the AP lottery: https://apnews.com/Lottery
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