A: Membership Registration
1: Membership is open to anyone, over the age of 16, resident in the United Kingdom, and registered on the Electoral Roll. You will need to make payment via PayM, Standing Order, Bank Transfer, Debit Card or PayPal Subscription.
2: You will need to register your membership by Text. Email or by using the Online Chat Service, so that your Name, Date of Birth, Postcode and Mobile Number can be recorded. Benico Enterprises will store your information confidentially off-line, and not release it to any other person without your written consent. Bank Details will only be requested when prize payments are required to be made.
1: The minimum payment is £5.00, with a maximum of £50.00. Electronic Payments are due no later than the 23rd of each calendar month, allowances will be made when this falls on a weekend. Each £5.00 paid will count as 1 share of any winnings. This payment entitles you to share any prizes won in the draws held in the next month.
Smaller payments may be accepted as part shares, for example a £1.00 prize fund may be used as purchase of 1/5th of a share, however the £5.00 minimum is still preferred.
2: Payments can be made by:
• a: Bank Transfer or Standing Order (EASIEST FOR REGULAR PAYING),
• b: PayM Mobile Banking Payment from your current account (Mobile App)
• c: Debit Card - via a provided link
• d: PayPal Subscription - a small additional charge, is payable to cover PayPal's charges.
You may opt out of paying the addition fee, in which case you share value will be based on the amount received after deduction of PayPal's charges, of 3.4%+20p
Which ever payment method you choose, you have full control of payments. You can amend or cancel payments at anytime.
There will be no reminders sent. You will be expected to set up a Standing Order, PayPal Subscription or make Bank Transfer or Mobile App payments. In the event that you miss a payment you will not be eligible for any prizes for that month. Late payments will count as payment for the following month.
You will receive a text message each month to confirm receipt of your payments, only if required.
N.B. All prizes are paid Tax Free and are not subject to income tax declaration. Benefits may be affected by winnings.
C: The Draws
All funds received will be split over the 4-5 weeks of the following calendar month. Funds may be used to bet on National Lottery Draws and other lotteries via online betting. The actual allocation will depend on total funds received. Lucky Dip Tickets will be purchased for each draw.
D: The Betting
UK National Lottery:
Lotto, £2.00 each - Wed & Sat
Lotto HotPicks (1-5 numbers), £1.00 each - Wed & Sat
EuroMillions, £2.50 (£2.00 prior to Sep 2016) each - Tue & Fri
EuroMillions HotPicks (1-5 numbers), £1.50 each (New from 26 Jan 2018) - Tue & Fri
Set For Life (from 18-Mar-2019), £1.50 each - Mon & Thur
Thunderball, £1.00 each - Tue*, Wed, Fri & Sat (*Tuesday draws added 30 Jan 2018)
Instant Win online games from 25p
Online betting sites may sometimes be used for bets on draws such as 49s, Irish Lotto, Health Lottery, etc.
All prizes will be calculated at the end of each month, with all members receiving an equal share for each 1p paid. Prizes may be paid out Monthly, Quarterly, Half-Yearly, Annually, or upon request. You may leave prizes to accumulate and then withdraw them in time for Christmas, Birthdays or Holidays. Please allow up to 14 days for prizes to be paid out to allow for my own holidays, message collection, or other unforeseen eventualities - however where possible payments will be made within 24 hours of requests.
Prizes will be paid via Bank Transfer or by PayPal. Charges may be deducted from PayPal payments.
Set For Life Monthly Prizes: In the event that The National Lottery do not pay all syndicate members directly then th syndicate will ensure that prizes will be shared equally as with other prizes and paid out monthly, by standing order, to your designated bank account. If payments are due for 30 years then a financial advisor or solicitor may be used to ensure fairness and protection and provision for next of in if members die during this period. (New from 18-Mar-2019)
You can message PRIZES, using the Online Chat, at any time to find out your personal total prize fund, or view your personal Prize Fund Page.
Lapsed Memberships: Upon lapsed membership any prizes of less than £5 will be added to the next months draw fund. Greater value prize funds will be held paid out, or held until payment is requested. Any remainder prizes after being shared out will be added to the next months draw fund, with effect from February 2018.
This rule was added in January 2018 with first funds being added to February 2018 draws.
F: Monthly Raffle (May to July 2016 only)
Each month, from May 2016 until July 2016, there will be a raffle prize of at least £5.00, drawn from all members for that have paid that month. The draw will usually be held during the first week of each month, usually the first Monday or Thursday.
Members will receive one raffle ticket for £5.00, three tickets for £10, four tickets for £15 or six tickets for £20 then one additional ticket for each £5.00.
This feature may be resumed again in the future, if there are enough members.
G: Administration Charges and Costs
1: All funds received will be used for Lottery Betting.
2: There will not be any deductions from payments for administration.
3: Charges by third parties, such as PayPal will be deducted from payments.
4: Online betting accounts that are used may pay me cashback on deposits.
5: Interest may be earned on funds held awaiting payment.
H: Data Protection
In accordance with Data Protection no personal information will be forwarded to any other person or organisation. The information will be used only to confirm identity and make prize payments. Electoral Roll checks may be made to confirm identity, for members that I do not know personally. No personal information will be published or stored online.
I: The Agreement
The Lottery Syndicate is administered by Roy Benham, aka Bethan Nicole Douglas, who will make every effort to ensure payments are allocated on time. In the event of any problems placing bets then alternative draws may be used.
7th March - Addition of Set For Life Draw information
27th October - Removal of Revolut payments
5th January - General review and minor update of rules. Change to use of prize funds for lapsed members.
2017 - no changes to rules
22nd July- Raffle withdrawn in preparation for the increased cost of EuroMillions tickets at the end of September.
14th May - Payment limit increased to £50.
22nd March - Prize Fund expiry added to prizes section. Small fund rules updated.
20th March - Addition of Monthly Raffle.
26th February - General update of rules - change of syndicate name.
15th November - Clarification of Administration Charges. Rules layout improved. Addition of mid week lottery draws.
30th October - Rules re-written. Changes to all sections. Website and syndicate header changed.
August - Launch of Lottery Syndicate with draws starting in September.