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Free National Lottery Syndicate AgreementNational Lottery Syndicates at work have become an increasingly popular phenomenon. Although many of these syndicates may begin as informal and fun, there is also the potential for disputes and conflict unless they are carefully organised. more...
This Syndicate Agreement is a sample that can be used, or adapted to suit the needs of your particular group. It aims to outline how the Syndicate will be organised. The Agreement should also clarify the positions of the Members in the event of any win, and more importantly, deter any challenges that could arise as to how the winnings are distributed. Additionally, by having an Agreement, all recorded Members may avoid paying tax on any sizeable winnings. The absence of an agreement may result in such tax being liable to all those in the syndicate, aside from the person who actually takes responsibility for the winning ticket. £0.00
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