WINNERS Lottery Club Membership

Terms and Conditions

SECTION I: ELIGIBILITY PROVISIONS

  1. Member either is a corporation, a partnership, or a natural person of legal age in the State and Country in which this agreement is entered
  2. Member is not nor ever has been an employee of any state lottery

SECTION II: MEMBERSHIP PROVISIONS 

  1. Member agrees that if she/he participates in a Winners Lottery Club (hereafter referred as WLC) pool, he/she understands that WLC will be known as "Pool Manager," and he/she will be known as "Pool Member" in formed lottery pool. Members agree to fund the pool, and WLC agrees to manage the lottery pool and make all decisions as to the lotteries played, amount wagered, number of drawings entered, and the percentage of any winnings each member of an WLC lottery pool is entitled to
  2. WLC and members desire to enter into a lottery pool for the purpose of jointly acquiring and owning various US and foreign lottery tickets and for the purpose of claiming, receiving, and sharing the proceeds of any winning ticket. Each pool will consist of twenty (20) shares, and members may purchase one or more shares. Each member share is entitled to an equal share of lottery pool winnings
  3. WLC shall have no duty to purchase tickets for the lottery pool if prevented from doing so by acts of God; the actions of any US or foreign lottery; federal, foreign, state, or local government; or any reason beyond the control of WLC, its agents, or employees. The members agree that, in any event, WLC liability is expressly limited to the amount of funds contributed by each member to the lottery pool
  4. WLC will acquire and hold for the pool members any tickets purchased for the lottery pool, will claim the prize for any winning ticket and divide all pool winnings among the winning pool members in accordance to the pool membership agreement as stated in paragraph B (above) of the membership provisions. All winnings will be distributed within thirty (30) days after prizes are collected
  5. WLC will collect and distribute all prize monies
  6. In the event of a large win payable via an annuity, when deemed appropriate, WLC will establish a trust fund for all pool shareholders and WLC. Lottery funds will be paid directly into the trust fund for distribution on an annual basis to all shareholders of the pool.  However we are currently playing for cash.
  7. In the event of a large win, which has a CASH OPTION, WLC will elect the CASH OPTION and when deemed appropriate, establish a trust fund for all pool shareholders and WLC. Lottery funds will be paid directly into the trust fund for distribution to all shareholders of the pool
  8. Each lottery pool automatically terminates after the last drawing listed on the pool certificate sent to pool members prior to the start of the pool play
  9. In case of the death or dissolution of either the members or WLC, all prize money owing to the deceased or dissolved pool will go to estate of deceased partner or Successor Corporation of the WLC
  10. Each WLC member hereby acknowledges and agrees to the terms of the pool Membership Agreement and will abide by other requirements as stated in the WLC Pool Participation Provisions

SECTION III: MEMBER AGREES AS FOLLOWS

  1. Members understand that any membership fees include computer set-up, processing, and handling charges. Membership dues may change without prior notice
  2. Members understand that the share fees include ticket cost, computer set-up, processing, and handling charges. Share fees may change without prior notice
  3. Members understand the high degree of risk involved in playing lotteries and acknowledge that participating in a WLC lottery pool does not guarantee members that they will win any prize and that they can afford a total loss of their pool share
  4. Member hereby represents and warrants to WLC that he/she has sufficient knowledge and experience to evaluate the merits and risks of purchasing shares in a WLC lottery pool and to make an informed decision with respect thereto
  5. Members agree that as a shareholder of a pool with a large enough prize to warrant a trust fund as provided in SECTION II, paragraph F & G above, will share the expenses of any legal, accounting and banking fees associated with the setup and maintenance of the trust fund at a rate of 12% per share
  6. Members agree that the IRS will be informed and that each member will properly file and pay all taxes due based on their share of any prize claimed. In the event of a dispute or other instance of doubt, WLC decision shall be final and binding
  7. Members agree to provide to WLC within thirty (30) days of any drawing in which winnings exceed an amount which requires filing a claim for payment with any Lottery Commission, information pertaining to tax payer identification, such as Name, Address and Social Security number, for processing a claim and collection of such winnings
  8. Members agree that if proper taxpayer identification is not received as stated in paragraph G of SECTION !!! (above), that member will forfeit the entitled share(s) for that drawing and such share(s) will revert to WLC.
  9. Members understand that all persons participating in a WLC lottery pool must be WLC members.
  10. Members agree that any information given by them about WLC will be in an objective and truthful manner.
  11. Members acknowledge that WLC made available to members the opportunity to obtain additional information to verify the terms of this membership agreement and that no other promises or inducements, either oral or written, were made to them, which induced them to agree to these terms and conditions of membership.
  12. Members also agree to indemnify WLC, JuBil Services, the Winners Lottery Club members, its shareholders, directors, officers, employees, agents, contractors, and independent contractors, and hold such parties harmless from and against any costs, expenses, liabilities, and damages, including reasonable attorney’s fees, arising out of inaccuracy of the representations and warranties set forth in this agreement.
  13. Members agree that WLC has proprietary rights to its membership lists of members’ names and will not use such information to promote products or services, other than those offered by WLC
  14. Members agree not to use proprietary trade name and trademarks of WLC without prior written consent from WLC
  15. Members agree not to make statements, claims, representations, or warranties respecting WLC and WLC service, which are not contained in official WLC promotional materials produced and distributed by WLC
  16. Member understands that tickets are acquired at cost, with the balance of share fees designated for club maintenance and administration costs

SECTION IV: WLC AGREES AS FOLLOWS

  1. WLC agrees to purchase lottery tickets, manage WLC pools, and distribute any winnings to the appropriate pool participants
  2. WLC agrees to post on its web site, results of all active pools, and the results of its closed pools for at least thirty (30) days
  3. WLC promises and agrees to keep confidential, any personal information of members and pool participants, and reveal to no one except where required by Federal or State Law Enforcement agencies, any information pursuant to participation in lottery club or pools

SECTION V: MISCELLANEOUS PROVISIONS

  1. WLC or member may terminate this agreement by written notice to the other. Any such notification by WLC to the member shall be effective upon deposit in the mail, and by the member to WLC after a thirty (30) days’ written notice
  2. WLC membership agreement may be modified from time to time for legal reasons or marketing requirements. WLC agrees to give its members thirty (30) days’ notice of such modification
  3. Should any provision of this agreement be void or unenforceable, the rest of this agreement shall remain in full force
  4. WLC and members hereby consent and submit to the jurisdiction of any state or federal court located in the state of Massachusetts in connection with any litigation arising out of or in connection with this agreement
  5. This membership agreement is not transferable without the prior written consent of WLC
  6. In the event of death of a member, membership will terminate and all winnings due to member will be transferred to member’s spouse or estate

SECTION VI: POOL PARTICIPATION PROVISI0NS

  1. A pool will consist of 5-number or 6-number combinations derived from a "pool set" of numbers selected by the participants
  2. The combinations will be derived by the pool manager from the "pool set" provided by the pool participants
  3. The derived combinations will be played for consecutive lottery draws
  4. Each pool will consist of 20 "player shares"
  5. Members may purchase one or more "player shares" in a pool
  6. Each player must prepay each "player share" to enter 
  7. Pool winnings will be distributed between the "player shares" equally.
  8. Only WLC members are eligible to participate in a WLC lottery pool
  9. WLC Members may participate in one or more pools
  10. Each pool will terminate at the end of the last draw
  11. Players are responsible for any and all taxes on resulting income from these pools
  12. Taxable winnings will be distributed with a statement of amounts withheld, according to lottery rules
  13. The ruling document(s) will be the official lottery ticket(s), which shall be held in trust by the manager of the pool
  14. Participating in a WLC pool indicates your acceptance of these provisions

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