Virginia LottoPool is a site to participate in Lottery Pools for the Lottery games published by the Virginia Lottery
What is a lottery pool?
State sponsored Lottery Games like Power Ball and Mega Millions often have multimillion dollar Jackpots. Odds of winning the jackpot is 1 in over 100 Million. You can play the Lottery Games by purchasing the ticket at a local lottery retailer. Alternatively, you can join a Lottery Pool or Lottery Pools to increase the odds of winning the jackpot. Lottery Pools are group of members collaborating to purchase group of lottery tickets, and all the winnings from the lottery pool tickets are shared among the members of the lottery pool. By joining a lottery pool the odds of winning the jackpot are improved, giving better chances of Winning the Jackpot.
Why Join a Lottery Pool?
If you want to spend $10 on 10 lottery tickets, to take a shot at multimillion dollar jackpot drawing of State lottery game, the odds of winning the jackpot with 10 lottery tickets will be 10 out of 175 million combination. With the same $10, you can join approximately 10 lottery pools, if each lottery pool has 100 spots, the odds of winning the jackpot for the same $10 investment will be 10x100 = 1,000 out of 175 million combination. 1,000 chances of winning the jackpot is better than 10 chances of winning the jackpot. It makes sense to be part of as many as possible Lottery Pools. When you join the lottery pools offered by Virginia LottoPool, all you will have to do is to identify the pools you want to join, and the number of spots you would like to have in a lottery pool. Our recommendation is if you wish to purchase say 10-20 spots for a lottery game, join 10-20 different lottery pools for the same lottery game, giving you improved odds of winning the jackpot.
Steps for Participating in the Lottery Pool
Step 1: Become a member of the Virginia LottoPool by Signing Up. Only a registered member of Virginia LottoPool are allowed to participate in the Lottery pools available at Virginia LottoPool web site.
Step 2: Deposit funds to your Virginia LottoPool Account. A user can purchase spots in the lottery pool by using the funds available in the Virginia LottoPool account.
Step 3: Review the Lottery Pools available, and purchase Spots in the pool.
Step 4: Lottery Pools are closed either when all the spots in the lottery pool are sold out, or the close date/time of the lottery pool is passed. As the Lotto Pool is closed, the tickets for the Lottery Pool are purchased and posted on the site. Members can review the ticket numbers and images of the ticket.
Step 5: When the lottery results are published by Virginia Lottery, the results are compared to the tickets in the pool. All the winnings are informed to the users via email, and posting on the Virginia LottoPool.
Why Join the Virginia LottoPool?
Virginia LottoPool is a unique service - allowing member all around the State of Virginia to join the Lottery Pools. Virginia LottoPool bring the benefit of joining the lottery pool(s), without the hassles of managing a lottery pool. As a registered member of the Virginia LottoPool you will be able to join the public lottery pools or private lottery pools. As a registered member you will need to deposit funds, using the funds purchase spots in the lottery pool, and collect the winnings from the Lottery Pool. Virginia LottoPool will do all the lottery Pool Management, including collecting the funds from the lottery pool members, purchasing the lottery tickets, lottery pool agreement, calculating the winnings and dividing the winnings from the lottery pool as per the lottery pool agreement.
For more information, please click on How it works, or FAQ part of the Virginia LottoPool Site. Also you can review the blog section, and if you have any questions - you can post your questions in the Forum. If would like to contact us please feel free to contact us.