How To Run A Vernons Easy Play Syndicate
The following text is reproduced without permission from the
Playing In A Group leaflet available at Vernons Easy Play retailers.
It's amusing to note that "syndicate" is a dirty word -
the leaflet uses "group" almost everywhere instead (it's also very similar
to the equivalent UK lottery syndicate leaflet).
I've put my own additional comments inside [ ] delimiters.
Improve Your Chance Of Winning Vernons Easy Play
Playing in a group can increase the fun and excitement of playing Vernons Easy Play.
Groups can be made up of friends, family or work colleagues.
It's a great way of playing Vernons Easy Play and by following a few simple
guidelines, playing should be easy and enjoyable.
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.
Getting Started
The first thing you must do when setting up a group is to decide who's going
to be in it, how much they're going to pay for each draw and the corresponding
percentage share of any prize.
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.].
Your Group Agreement
When you've decided who's going to be in the group and before you start to
play, you should draw up a group agreement. We suggest that the agreement
should include the following:
- The date the agreement was drawn up.
- The names of the group members.
- The appointed manager's name.
- How much each member will pay per week and the corresponding percentage
share of any prize.
- What happens if a member fails to pay their contribution at any time
[i.e. either they get nothing for that draw if there's a win or they get a
percentage of what they would normally get and the rest is shared appropriately
amongst the other members].
- If the group has a big win, how the members will decide whether or not
they want publicity.
[There's now a example of a "Group Playing Agreement", but it originally failed
to include several of the above items, particularly the group manager's name,
so I've included them]
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)]
Key Points
- The agreement must be signed and dated by each group member and should be
witnessed by, we suggest, a solicitor, doctor or someone of similar standing.
- If the group changes, a new agreement should be drawn up and the old one
terminated [a right pain
this one - even if the draw payments change, you need a new agreement !].
- Copies should be given to each member and the original kept in a safe
place [perhaps with the independent witness ?], as the Inland Revenue may
require to see it as evidence of the group agreement.
Running Your Group
- Collecting money from the group
Whether members pay their money on the day of the draw or in advance, a record
should be kept of who's paid what so everybody knows where they stand.
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.
- Buying your tickets
The manager will be responsible for purchasing the tickets. Before this can
be done, the group must agree how many entries they will make over how many
weeks and complete playslips as required.
Each entry per week will cost
£1 [however, there's only 4 entries per playslip (compared to the
main UK lottery playslip's
maximum of 112 entries),
so a big syndicate will have to fill in a huge number of playslips !].
Payment and playslips (if used) should be taken to a National
Lottery retailer who will give you your Vernons Easy Play tickets featuring the fixtures
selected and fixture date(s).
There are two ways for your group to play Vernons Easy Play:
- Weekly
Up to four entries can be made on each playslip used. However, you can enter
as many times as you like. A separate random selection of 11 fixtures will be
generated for each entry.
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.
- Multiple Entries
To make running your group easier, you may like to enter for more than one
week when visiting the National Lottery On-Line retailer.
Multiple entries allows you to enter your group for up to three weeks in
advance. A separate random selection of 11 fixtures will be generated for
each entry 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 !].
- Look out for the score draws
To see if one of your selections of 11 fixtures has won,
check the number of Vernons Easy Play score draws in each selection.
This can be done by checking the results on teletext, in national
newspapers, through other media or at National Lottery On-Line Game
retailers. Alternatively, you can call The National Lottery Line on
0845 9100 000 (calls charged at the local rate with the exception of mobile
phones). For the hard of hearing using Minicom equipment, please call
0845 910 0045.
Remember: Winnings should be collected by your manager and shared out
according to your group agreement.
Things To Remember
Vernons Easy Play does not encourage entries made by or on behalf of
commercial and advertised syndicates and is
not liable to make payments of any prize on a ticket which it knows or
suspects has been resold or otherwise transferred by way of trade. There is
no facility for [the] bulk purchase of tickets.
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.