A syndicate is an association of people or organizations that is formed for business purposes or in order to carry out a project. They formed a syndicate to buy the car in which they competed in the race. a syndicate of 152 banks.
A syndicate is a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest.
A Lottery Syndicate Agreement is a legally binding contract between a group of people who play the lottery as a team (ie a 'syndicate'). Lottery Syndicate Agreements outline how syndicates will operate (eg how lottery tickets will be purchased and how winnings will be distributed).
Syndicates are usually composed of companies in the same industry. For example, two pharmaceutical companies may combine their research and development (R&D) teams by creating a syndicate to develop a new drug. Or several real estate companies may form a syndicate to manage a large development.
After each game is drawn, Oz Lotteries will notify you via email to let you know if your syndicate has won a prize. If your syndicate has won, Oz Lotteries will divide the prize up equally between all shares.
A syndicate of workers from a pie factory in Market Drayton have just dished up their second major EuroMillions win. Nearly ten years ago a group of 33 at the factory shared a whopping £6.7M EuroMillions prize.
The biggest National Lottery win of all time, £195 million, was netted by an anonymous UK ticket-holder on 19 July 2022. On , Joe and Jess Thwaite from Gloucester won a then record-breaking £184,262,899 with a Lucky Dip ticket.
A family that has played the same lottery numbers since forming a syndicate at a Christmas get-together in 1994 is celebrating a £1m win. The mother and her three children from Peterborough matched five main numbers and the bonus ball in the draw on 22 June, and they will each bank £250,000.