How prize splits work for syndicates and Share50
When a group wins, any withholding is applied first and the net is shared out. Lottofy never takes a slice of the split.
Net first, split second
When a syndicate or a Share50 wins a prize that carries a withholding (Spanish lotteries, US lotteries, etc.), we apply it first, as explained in Withholdings on lottery prizes. The amount we then split between members is the net.
Syndicates
Your slice of a syndicate prize is:
- Net prize received by the syndicate
- × (your shares ÷ total shares of the syndicate)
- = credited to your balance
Example, 100 shares total, you hold 10, net prize €50,000. You receive €5,000.
Share50
In a Share50, whoever owns the winning bet keeps 50% of its prize. The other 50% is shared among all participants in proportion to the number of bets each one added:
- 50% of the net prize of your own winning bet
- + (your bets ÷ total bets in the Share50) × the other 50% of all its prizes
- = credited to your balance
Example from our Terms and Conditions: the Share50 has 100 bets, you added 3 and one of them wins €1,000. You get €500 + 3 × €5 = €515.
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