My Free Lottery Pool is a web-based advertising website. No wagering or gambling takes place on this site. This site is 100% free to anyone 18 years or older. All participants are responsible to adhering to their own local, State and Federal laws, or the laws within their respective country. All monetary references displayed on this site are 'estimates only' and refer to gross proceeds before deducting for any State, Federal and/or local taxes, as well as costs associated with the distribution of winnings. My Free Lottery Pool reserves the right to retain winnings that are less than the jackpot amount well as reserve up to 20 shares in any winning pool. These 20 'reserved shares' will be typically used for designated charities or in exchange for free special services provided to My Free Lottery Pool by third party contractors such as website programming, maintenance, legal services, advertising, marketing and public relations as My Free Lottery Pool deems fit and at it's own discretion. In the event of a winning pool, the total number of shares to be distributed will be adjusted according to the actual number of pool participants including any 'reserved shares'.
Prior to the Official drawing, My Free Lottery Pool purchases and posts the tickets to the website for each Free Lottery Pool. The number of free pools and tickets purchased can and oftentimes will vary from week to week.
Only registered Pool Members including the pre-designated pool sponsor, charity organization/s and any other reserved members, will participate in an equal share of any jackpot winnings.
Each winning member will be responsible for their own applicable Local, State, or Governmental taxes where they reside.
MyFreeLotteryPool.Com retains all small winnings less than the jackpot. These winnings are used to help pay for future ticket purchases and offset administrative and website maintenance costs.
We reserve the right to deny membership or cancel a membership at any time and for any reason.
In the event of a Jackpot win (typically, 6 correct numbers out of 6 numbers), My Free Lottery Pool automatically retains 10% (20% for all Surprize 5 pools) of the jackpot "Net" winnings. The remaining 90% will be distributed evenly among the pool members, pool sponsor and pre-designated charitable organization/s (see Pool Details). For example; if a pool hits a jackpot of $50,000,000 in net winnings (after taxes), MyFreeLotteryPool will retain 10% or $5,000,000. The remaining $45,000,000 will be distributed equally among all registered members in the pool. If there are 1000 members in the pool, each member will be eligible for $45,000 each (less any pro rata distribution costs). Each winning pool member is responsible for their own local, state or federal taxes. In the event of a winning jackpot, all pool members will be notified by the Certified Public Accounting Firm and issued instructions on how to claim their share of the winnings. You will NEVER be asked for a credit card or to send money. All winnings distribution costs will be subtracted out of the winnings on a per member basis. Therefore, the easier you make it for the Accounting Firm to issue your share of the winnings, the less that will be subtracted from your share of the winnings. In the case where funds cannot be transferred into a country outside the US, you will be given the option to fly to the US to pick up your share of the winnings. All costs associated with travel arrangements, airfare and accomodations will be made by and paid for upfront by the Certified Public Accounting Firm and deducted from your share of the winnings. You will NEVER be asked for a credit card or to send money.
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