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*** Official FFA Lotto Club *** (1 Viewer)
- Thread starter Keerock
- Start date
SacramentoBob
Footballguy
In, let me know when we get the details worked out. I think we should be buying Daryl Strawberry cards.
Wildcat
Footballguy
PB is $2 per ticket. that kills it for me.
SacramentoBob
Footballguy
So you'd rather go for $20M vs $300M?
Wildcat
Footballguy
Yes, as mentioned earlier, I'm not ponying up more than $1 per game.
ditka...mike ditka
Footballguy
Id be in!
ditka...mike ditka
Footballguy
Id be in!
![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
Organized Chaos
Footballguy
In
Das Boot
Footballguy
In - great idea.
A few random thoughts...
Is the same person going to buy the tix each week?
What is the plan when that person isn't available?
Maybe we want to split up the work of buying/scanning? I'd definitely be willing to take a turn.
The scans of the tix need to be emailed before each drawing - this seems like the absolute best way to document what tix are in play for the group.
What do we want to do if we hit a decent sized win, e.g. $1k? I'd kind of like to see a distribution from any win higher than a certain amount (e.g. >$50 per person?... whatever everyone wants is fine).
Where is the accounting going to be kept showing who has paid, escrow holdings, $ spent on each drawing, $ won, etc... Seems like this needs to be public info and kept up to date. We definitely want to have an iron clad list on the very slim chance that we actually win something sizable so people don't come out of the woodwork claiming they were in the winning drawing just because they were in it for one cycle 2 years ago.
I haven't googled, but since you can find anything on the inner tubes, there's probably some good rules and best practices out there for lotto clubs that we should maybe peruse.
I like the idea of having entries in every PB and MM drawing - that would be one of the big benefits/strengths of being in a group like this. We would almost certainly want to split up the work of buying/scanning between the 2 different lotteries. I know MM is 2 draws a week, not sure about PB. So we might want to charge $2 a week to be in the group, and for that you get entries in all PB and MM drawings each week. So, e.g., if we have 50 people, that's $100 a week to put into drawings, if there are 4 drawings a week (2 PB, 2 MM), we'd put $25 in each drawing.
If the PB tix are $2 and we have an odd number of people, just take $1 from the "small winnings" escrow - or just buy 1 less tix one drawing, one more tix the next.
I guess that's good for a first pass of "a few" random thoughts.
Again, great idea
A few random thoughts...
Is the same person going to buy the tix each week?
What is the plan when that person isn't available?
Maybe we want to split up the work of buying/scanning? I'd definitely be willing to take a turn.
The scans of the tix need to be emailed before each drawing - this seems like the absolute best way to document what tix are in play for the group.
What do we want to do if we hit a decent sized win, e.g. $1k? I'd kind of like to see a distribution from any win higher than a certain amount (e.g. >$50 per person?... whatever everyone wants is fine).
Where is the accounting going to be kept showing who has paid, escrow holdings, $ spent on each drawing, $ won, etc... Seems like this needs to be public info and kept up to date. We definitely want to have an iron clad list on the very slim chance that we actually win something sizable so people don't come out of the woodwork claiming they were in the winning drawing just because they were in it for one cycle 2 years ago.
I haven't googled, but since you can find anything on the inner tubes, there's probably some good rules and best practices out there for lotto clubs that we should maybe peruse.
I like the idea of having entries in every PB and MM drawing - that would be one of the big benefits/strengths of being in a group like this. We would almost certainly want to split up the work of buying/scanning between the 2 different lotteries. I know MM is 2 draws a week, not sure about PB. So we might want to charge $2 a week to be in the group, and for that you get entries in all PB and MM drawings each week. So, e.g., if we have 50 people, that's $100 a week to put into drawings, if there are 4 drawings a week (2 PB, 2 MM), we'd put $25 in each drawing.
If the PB tix are $2 and we have an odd number of people, just take $1 from the "small winnings" escrow - or just buy 1 less tix one drawing, one more tix the next.
I guess that's good for a first pass of "a few" random thoughts.
Again, great idea
SacramentoBob
Footballguy
This is dumb. I want the money to go to whichever has the biggest payoff taking the extra cost of PB into account.
In
Jojo the circus boy
Footballguy
I agree. $4 a week is the price of 1 beer in most cities, give up your 1 beer and buy lotto instead. If you can't afford the extra dollar or two you probably shouldn't be playing lotto, sorry to sound harsh but its the truth.
Keerock
Footballguy
Again... only one buy every 5 weeks.
Keerock
Footballguy
My thoughts above...In - great idea.
A few random thoughts...
Is the same person going to buy the tix each week?
Whoever collects the $$, or the "baskup" would buy each week.
What is the plan when that person isn't available?
Ideally there will be a backup person who lives locally... this will need to be worked out
Maybe we want to split up the work of buying/scanning? I'd definitely be willing to take a turn.
The scans of the tix need to be emailed before each drawing - this seems like the absolute best way to document what tix are in play for the group.
A FBG has PMed me regarding a website he put together to post tix (and determine winnings) for us... more to follow
What do we want to do if we hit a decent sized win, e.g. $1k? I'd kind of like to see a distribution from any win higher than a certain amount (e.g. >$50 per person?... whatever everyone wants is fine).
Read the OP...
Where is the accounting going to be kept showing who has paid, escrow holdings, $ spent on each drawing, $ won, etc... Seems like this needs to be public info and kept up to date. We definitely want to have an iron clad list on the very slim chance that we actually win something sizable so people don't come out of the woodwork claiming they were in the winning drawing just because they were in it for one cycle 2 years ago.
OP suggests it be posted here, but it definitely needs to be done.
I haven't googled, but since you can find anything on the inner tubes, there's probably some good rules and best practices out there for lotto clubs that we should maybe peruse.
I like the idea of having entries in every PB and MM drawing - that would be one of the big benefits/strengths of being in a group like this. We would almost certainly want to split up the work of buying/scanning between the 2 different lotteries. I know MM is 2 draws a week, not sure about PB. So we might want to charge $2 a week to be in the group, and for that you get entries in all PB and MM drawings each week. So, e.g., if we have 50 people, that's $100 a week to put into drawings, if there are 4 drawings a week (2 PB, 2 MM), we'd put $25 in each drawing.
Would have to be a majority vote. Splitting up work would be great, but we need to figure out how each "worker" gets funds to buy tickets
If the PB tix are $2 and we have an odd number of people, just take $1 from the "small winnings" escrow - or just buy 1 less tix one drawing, one more tix the next.
I guess that's good for a first pass of "a few" random thoughts.
Again, great idea
Organized Chaos
Footballguy
Hey guys, as Keerock mentioned in the last post, I PMed him with a site I put together for a work mega millions pool we did last week. The area that users can enter scans and tickets needs some work still, but this could be a good start for a club like this.
Here's the URL, take a look and get me some feedback.
http://lotto.fozzil.net/3/30/2012/maximize
What we could do is grant access to the person purchasing the tickets to be able to upload the scanned images and enter the ticket numbers.
It currently can go out and grab the winning numbers every week and save them.
It can also send an email report after each drawing with what numbers hit and how much was won, if anything.
I'm pretty slammed at work the rest of this week, I will get back to this thread. If it's a pretty delayed response, that's why.
Here's the URL, take a look and get me some feedback.
http://lotto.fozzil.net/3/30/2012/maximize
What we could do is grant access to the person purchasing the tickets to be able to upload the scanned images and enter the ticket numbers.
It currently can go out and grab the winning numbers every week and save them.
It can also send an email report after each drawing with what numbers hit and how much was won, if anything.
I'm pretty slammed at work the rest of this week, I will get back to this thread. If it's a pretty delayed response, that's why.
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Keerock
Footballguy
SacramentoBob
Footballguy
We don't have to pay extra money, just use the collected money on PB for that purchase if the payout is significantly skewed.'Jojo the circus boy said:
seems like we should vote on how much money to put in and which games to play.
Keerock
Footballguy
My vote is:Mega Millions only.$20 per 5 weeks ($2 per drawing)
GoFishTN
Footballguy
$12M, I believe.
Bull Dozier
Footballguy
Anyone know the respective jackpot odds for each?
SacramentoBob
Footballguy
Jojo the circus boy
Footballguy
goonsquad
Think different.
Bull Dozier
Footballguy
I'm out. The lesson I learned from the other thread was that if you're too lazy to actually look up the numbers posted, you probably shouldn't be in a pool with a bunch of online strangers.Good luck.
Keerock
Footballguy
Don't think it was ever agreed upon. I suggested (and would still recommend) $20 per 5 weeks ($2 per drawing), but I'm open.
Jojo the circus boy
Footballguy
I'm cool with that. If you split MM/PB I can help buy PB tickets (Florida has no state tax as far as I know regarding the lottery), but not MM.
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GoFishTN
Footballguy
OK. Count me in if you do $10, but not if you do $20. Thanks.
SacramentoBob
Footballguy
In if we're going to play the jackpot with the best odds instead of strictly MM.
Keerock
Footballguy
Why so sad?
Keerock
Footballguy
Any chance we can get something up by next Tuesday?
Keerock
Footballguy
Here's another sticking point... say the slush fund is at $50, and it's now the beginning of a new subscription period. Do new members get to share in that $50 when tickets for large drawings are purchased with it? The easy answer is yes... trying to allocate the slush funds only to members who were "in" when it was funded would be a nightmare. Is everyone OK with letting new members share in it? Should new members be required to add to the slush fund upon entry to make it more fair? Say 10%? So if the slush fund is $50, new members would have to kick in an extra $5 to the slush?
Keerock
Footballguy
I'm shooting for next Monday (4/23) for the following 10 drawings (5 weeks). I think we need to specify when payments are due... I'm thinking Mondays by 3pm ET.
Yes, new members should have to pay extra into the slush fund. Think of it as an initial new member fee.
the moops
Footballguy
I agree. And I am inYes, new members should have to pay extra into the slush fund. Think of it as an initial new member fee.
