Calculate your share of lottery pool winnings
Share = (Contribution / Total Pool) × JackpotEnter your lottery pool information
The advertised jackpot amount
Total people in the pool
How much you're putting in
Total money collected
If the pool wins the jackpot
Your Ownership
5.00%
Contribution %
5.0%
Est. Tickets
100
Equal Share
$25,000,000
Load typical lottery pool setups
TL;DR summary
Lottery pool share = (Your Contribution / Total Pool) × Jackpot. For a $500M jackpot with 50 people contributing $10 each ($500 total pool), each person owns 2% and would receive $10M before taxes. Pools improve your odds linearly but reduce individual winnings proportionally.
Important things to know
Common lottery pool questions
Multiple people contribute money to buy lottery tickets together. If any ticket wins, the prize is split among contributors proportionally based on their contribution. Pools increase your chances of winning while reducing the individual payout.
Your share = (Your Contribution / Total Pool Contributions) × 100%. If you contribute $10 to a $100 pool, you own 10% and would receive 10% of any winnings.
Yes, linearly. If your pool buys 50 tickets, your odds improve 50-fold. However, your individual expected payout remains the same since the prize is split. The main benefit is increasing the chance of experiencing a win, even if smaller.
A written agreement listing all members, contribution amounts, ticket selection method, who holds tickets, how winnings will be divided, and whether payouts are lump sum or annuity. All members should sign and receive copies.
The agreement should specify this. Typically, non-paying members forfeit their share. It's best to collect all money before purchasing tickets and keep records of who paid.