We've been playing a lotto pool at work since last April, when we decided to run one. It's 4 dollars a week to join, and we have 10-12 regulars.
We split the money between the Powerball and MegaMillions (both mutil-state lottos!), and usually have 40-50 bucks to spend on tickets. We pool the
previous week's winnings into the next week's purchase.
On a low week, we split it evenly between the two, and get like 7-8 per lotto. What that means is that we are entered in a drawing on Tuesday night,
Wednesday night, Friday night, and Saturday night. We have four chances to win each lotto each week.
This, and the past few weeks, everything has gone into the Powerball. We have 13 chances to win, both on Wednesday and Saturday.
Of course, we all signed a formal deal, in case we do win, and the money is split between us.
But to answer the OP:
500 mil split 11 ways is 45 mil. That's not a huge sum of money. I would be starting my own farm, and work at generating my own power. Family
would be taken care of, but I don't think I'd give any to an established charity. I'd start my own non-profit, and help others through direct
There's a website idea I had, where you log in, state your need, and the rest of the members decide on the most needy cases. A sum is distributed
electronically, via debit card or paypal, once a week on Sunday. Nothing big, say 1000 at a time to ten people a week, but the point was to help as
many as possible.
Of course, good luck to everyone playing! Hope you win!
It'd be cool to see the thread in GCC which stated a member had won. Very cool indeed.