Fatco Ultimate International Lotto Pool, Inc. is engaged in the business of providing a method for alternative investors and is not acting as a conventional savings bank or mutual fund.
Our FAQs were developed to help to use our web site and understand our service. Please read all FAQs before joining. If you have further questions, contact us via e-mail for fastest response.
What are the rules?
The rules are explained in the Membership Terms and Operational Agreement that you must adhere to in order to use the site and invest with FatcoLotto.What is a lottery pool?
A lottery club pool (also known as a lottery syndicate) is a group of people who collectively play together and split lottery winnings. Pooling financial resources to make bulk lottery ticket purchases is not only legal but highly encouraged by most regulated state and national lotteries. It is estimated that over 30% of all lottery winnings are achieved through some form of a lottery pool. Without question, joining a lottery is a common, practical strategy used among friends, family, and co-workers to HIT THE BIG JACKPOT. The Fatco Lotto Internetational™ online network is aimed at one goal — to provide those who wish to play the lottery more opportunities to win with same dollars played.The lottery pools are created by our members who elect to become lottery pool managers (LCM). This allows members to join various clubs and significantly increase their chances of winning the lottery. Within each lottery pool community, there may be a number of active lottery pools a member can choose to join.
Why should you consider joining the Fatco Lotto Group PLAY Lottery Pool Community?
Fatco Lotto Internetational’s™'s first of its kind online lotto pool system which overcomes the major limitations and challenges in pooling with friends, family, and office workers in the "offline" world and presents a unique and FUN online playing experience. Some of these limitations are listed below:
• Coordination challenges when dealing with larger groups
• Workplace policies prohibiting office pools on company time
• Loss of productivity for employers
• Communication challenges in informing pool/club members of lottery ticket details
• Lottery play is non existent in 13 states in the U.S. which do not sponsor statewide regulated lotteries
• Explicit rules/guidelines of engagement are not clearly spelled out in writing
• Very little confidentiality/anonymity
• Inability to have access to playing in other markets outside of your primary state residence
• Workplace size limitations. Most businesses in America and around the world are small businesses that only employ a handful of workers. It is generally known that the more people involved in lottery pool/club the better. About 54% of U.S. workplaces have fewer than 15 employees; thus, precluding any meaningful opportunities to leverage resources through a sizable organized lottery pool
Is this legal?
Yes. The U.S. laws are very clear. Lottery tickets can only be sold by authorized lottery agents and cannot be sold across state lines via mail. Lottery tickets must be purchased in person and the state where the winnings are won must be given the identity of the winner(s). You must be of legal age to participate.How do I join?
Just fill out the simple page of basic member information and you will be registered as a member, after your membership has been paid.Are there any restrictions on which pools I join?
No there are no restrictions. If you have any questions, please contact the LPM.Does Fatco Lotto Internetational purchase the tickets for each lottery pool created?
Yes, Fatco Lotto International will purchase all the tickets for the lotto pool created. Fatco
Lotto International is the creator of this full system put to work convert with us and be a
part of the most legimate lottery pool company in the world that can guarantee winnings.What is an 'UNFILLED' lottery pool?
An UNFILLED lottery pool does not have enough member entries to begin purchasing tickets and playing the lottery drawings. The lotto pool is basically waiting for more members. Once the member entry limit is reached, the lottery pool will become ACTIVE and the lotto pool will begin play.What is an 'ACTIVE' lottery pool?
An ACTIVE lottery pool is currently participating in lottery drawings and has all member entries filled. Once the lotto pool becomes ACTIVE, a member cannot remove their entries. The lottery pool remains ACTIVE until all lottery drawings have been played. Once this occurs, the lottery pool is over and the club moves into a CLOSED status.What is a 'CLOSED' lottery pool?
An ACTIVE lottery pool is currently participating in lottery drawings and has all member entries filled. Once the pool becomes ACTIVE, a member cannot remove their entries. The lottery pool remains ACTIVE until all lottery drawings have been played for the club. Once this occurs, the lottery pool is over and the pool moves into a CLOSED status.What if one of my pools hits the jackpot?
If a lotto pool wins a jackpot where the state must be involved, the lotto pool will be paid as soon as the state payment occurs. Tax implications must also be handled in this process.Can I join the same club more than once?
Yes. A member can make as many entries into a lottery club as he/she likes. Each entry is an individual piece of the club's winnings. If a pool allows 100 entries and a member joins the club with 10 entries, then the member receives 10 shares (10%) of the club's winnings.How does the Fatco Lotto Internetational rating/feedback system work?
All Lottery Club Managers (LCM) and Fatco Lotto Internetational members over time will receive a feedback rating. This unique system is designed to recognize those LCMs and members who are providing a positive experience. Conversely, for those LCMs and members who are not upholding to the standards accustomed by the community, we make this information readily available and maybe used in suspension and/or termination.What is the Win Average Displayed next to each Lottery Club?
This is the number of times a Lottery Club wins. It is the overall winning performance for a club. The higher the number the better. For example, if you see .5000 listed next to a lottery club, this means 50% of all the individual tickets selected and purchased, ends up winning some form of a prize.Where are the tickets?
The lottery tickets for each drawing are purchased by the various lottery club managers (LPM) in our community. The tickets will reside with the lottery pool manager (LPM).Who buys the tickets?
The lottery tickets for each drawing are purchased by the various lottery club managers (LPM) on our site.. The tickets will reside with the lottery pool manager (LPM)Who picks the ticket numbers for the clubs?
The lottery pool manager (LPM) has the sole discretion on how they will pick the tickets. It may range from their own quick pick system, lottery wheels, or quick picks generated by the lottery retailer.
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