Office Lottery Pools Increase Odds, Potential for Problems

A group of New Jersey construction workers noticed that the sixth member of their lottery pool had abruptly left work. Turns out, he had a lottery ticket worth $38.5 million and claimed he bought the winning ticket separately with his own money.

With the record Mega Millions jackpot now at a record $1.6 billion, it may seem like perfect sense to pool money with co-workers or friends to increase the chance of winning a giant payday. But “with this many zeros attached to it, it is a recipe...

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