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lottery syndicate members

ZZaffy
ZZaffy Posts: 175 Forumite
Part of the Furniture 100 Posts Combo Breaker
edited 16 December 2021 at 9:46AM in Compers chat corner
Sister and I are going to open a two persons syndicate.  Sister cannot buy a ticket because she lives abroad.  She is hoping to live in the UK in the future.  She has a  bank account here.  I rang lottery and the rep said syndicate members have to live in the UK but I am not sure if rep is correct.  I  see no reason why, if we win, I can't put half the winnings in Sister's bank account.

Comments

  • NJM1981
    NJM1981 Posts: 41 Forumite
    Second Anniversary 10 Posts Name Dropper
    she wouldn't be a recognised as a legal winner, so even if she paid you half and then you won, if you did win and you kept the winnings i don't think she'd have any legal claim to it, It would be down to you to give it to her with out it being legally enforceable. I think you would just have to play as a lone player and just give her half with out opening the syndicate 
  • ZZaffy
    ZZaffy Posts: 175 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    NJM.  Makes sense.  Thanks.
  • mjm3346
    mjm3346 Posts: 47,227 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Effectively you would be giving her "share" as a gift to her so inheritance tax etc could potentially come into play which it wouldn't for a "legitimate" syndicate member 
  • ZZaffy
    ZZaffy Posts: 175 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Would a Euro-Millions syndicate be a better option for us?
  • mjm3346
    mjm3346 Posts: 47,227 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
     ZZaffy said:
    Would a Euro-Millions syndicate be a better option for us?
    Still need to be a UK resident for Camelot - but as the chances of winning a really large sum are soo small it's hardly worth worrying about - and as long as you live at least 7 years after giving IT should not be an issue 
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