If you play Powerball or Mega Millions in an office lottery pool, you should be forewarned. If you are lucky enough to win, you may be unlucky in litigation. Many office lottery pools end up in litigation because they are not structured correctly. I wrote a column for Forbes called “5 Rules if You Play an Office Lottery Pool” that details the rules:
1. Name a leader
2. Create a contract
3. Make it public
4. Make copies of tickets
5. Keep the tickets safe
To read more details, go to the Forbes column: 5 Rules if You Play an Office Lottery Pool
Posted in Lottery Winner Advisor, Sudden Wealth Planning
