Lottery Pools - What They Are and How They Work Have you ever seen one of those mega lottery jackpots giving away hundreds of millions of dollars and thought, "I'd be happy if I could just win a fraction of that amount?" If so, a lottery pool might be for you. Lottery Pools Defined: Lottery pools are a way of getting better odds of winning a lottery without having to pay more money for tickets. A group of people chips in money to buy lottery tickets with the agreement that if they win, they will split the pot. So each participant will receive less money than if he or she had bought the ticket themselves, but they also get better odds of winning in the first place. How Lottery Pools Work: Here's a simple example: your office lottery pool has 50 members. Each of your coworkers contributes a dollar. The lottery pool manager then buys 50 $1 lottery tickets and holds them safely until the lottery drawing. Now, let's say that Play online lottery pool w...