Lottery winnings and syndicates
Pawlowski, Mark ORCID: 0000-0002-5473-5809 (2016) Lottery winnings and syndicates. Solicitors Journal, 60 (35). ISSN 0038-1047
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Abstract
It is not uncommon for a number of persons to form a syndicate to subscribe for weekly tickets to the National Lottery. Invariably, there will be no written rules of the syndicate and the members will rarely address their minds to the question of how any winnings (large or mall) should be divided, particularly in the event of a member failing to pay the required sum or if the required subscription is paid not by the member himself but by a partner or friend. This article asks to whom the winnings will belong in these circumstances by reference to both resulting trust and presumption of gift principles. It also considers what rules should form the basis of a written syndicate agreement.
Item Type: | Article |
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Uncontrolled Keywords: | Lottery winnings; syndicates; resulting trust; presumption of gift; rules, written agreement |
Subjects: | K Law > K Law (General) |
Faculty / School / Research Centre / Research Group: | Faculty of Liberal Arts & Sciences Faculty of Liberal Arts & Sciences > School of Law & Criminology (LAC) |
Related URLs: | |
Last Modified: | 08 Feb 2018 17:34 |
URI: | http://gala.gre.ac.uk/id/eprint/15818 |
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