Some people would rather play the lottery solo so their wins are not diluted by having to share. These people should think again after a lottery syndicate in New York won a huge jackpot which turned all sixteen members into millionaires in an instant.
The lottery syndicate has since started calling itself the “Lucky 16 Trust” after winning a huge $58 million Mega Millions jackpot. The one-time cash payment for their win is still a huge $38.3 million; almost $2.5 million for each member.
Each member of the group had been contributing $4 each week for their lottery entries, copies of which were sent to all members. They even devised a system of rotating ticket purchasers and stores. Now that they have hit it big, the members have different plans for their money. Some will pay off loans, mortgages, and invest.