For example, let's say you and nine of your friends [if you have that many] decide to form a group, putting in £1 a draw each. Instead of your £1 buying one entry, you'll have an equal share in ten entries, giving you ten times more chances of winning a prize [not strictly correct - it gives you ten times more chances of winning the jackpot. There's up to 99 duplicate fixtures in the 110 fixtures generated]. So if your group won a jackpot of £1,000,000, your share would be £100,000.
It's a good idea to appoint a manager [essential more like !]. This person will be responsible for the running of the group, purchasing the tickets and the collection and division of the winnings.
Under the Vernons Easy Play Game Rules, a prize on a winning ticket is payable to one person only: this should, we suggest, be the manager of the group [make sure that person is very trustworthy]. The manager should write his or her name and address on the back of the ticket and keep it safe. It will be that person's responsibility to share out the winnings with the other members of the group.
If there is no [written] agreement and the winner of a prize transfers part of it to others, these gifts may attract Inheritance Tax. If the members of the group can prove that the distribution of the prize was made in accordance with a group agreement entered into before the win, no liability to Inheritance Tax will arise [effectively this means you need a written agreement]. It is important to note that Inland Revenue law and practice may change, the comments on Inheritance Tax are based on our understanding of Inland Revenue practice as of July 1998 [sadly, there's nothing else about Inheritance Tax e.g. Is there a personal allowance ? What's the tax rate (40%) ? etc.].
GROUP PLAYING AGREEMENT
The Name Of The Group: _______________________________________________
______________________________________________________________________
Member's Weekly % Of Signature
Name Contribution (£) Prizes
[One line per member]
Witness' Signature: ________________ Name: ________________________
Address: _____________________________________________________________
Occupation: ________________________ Date: ___________________ 199_
SPECIFIC GROUP ARRANGEMENTS
[You need to list the manager's name,
the payment failure contingency plan and how publicity will be handled
(either individual consent or as a group)]
Remember: It's a good idea to decide what you are going to do if one of the members of the group can't pay for a particular draw. Get this clear from the start, just in case the situation arises.
There are two ways for your group to play Vernons Easy Play:
Alternatively, the manager can simply tell the sales assistant at the National Lottery terminal how many entries are required and the terminal will automatically generate the required number of random entry selections each week.
Alternatively, the manager can simply tell the sales assistant at the National Lottery terminal how many entries are required and over how many weeks. Multi-week entries will be detailed on an extended single ticket, with each week's entry clearly indicated by the fixture dates.
Your tickets should be kept safe as they will be required to claim a prize. It's important that the manager writes his/her name and address on the tickets. You may like to make a photocopy of the ticket(s) for each of your group's members [hmmm...if the manager has to do that for each draw, then maybe he/she shouldn't be trusted with the job of group manager in the first place !].
Remember: Winnings should be collected by your manager and shared out according to your group agreement.
Each group member must be 16 years or over to play Vernons Easy Play or claim a prize.
The Player Code of Practice, which sets out the services provided for players, and the Game Rules and Procedures are available at all National Lottery On-Line retailers.
In the event of any discrepancy between this leaflet and the Games Rules and Procedures, the Games Rules and Procedures apply.
We hope these guidelines are useful [just about - they're more useful with my comments included !]. However, they are given without legal liability on our part and we would advise you to consider having a solicitor prepare the form of agreement [how many people really would do that, complete with solicitor fees probably exceeding the first year's winnings :-) ].
Vernons Lotteries Limited, Fortune House, Park Lane, Liverpool. L68 1AA. A member of The Vernons Group.