Not really . . .
If the jackpot is $1 million, your one dollar ticket (for example) could win you the full million if you hit the right numbers. If you enter a pool of 20 players, your $1 "investment" will win a maximum of $50,000. The chances of hitting the win are (very) slightly higher but the return on your ticket is (considerably) lower.
The only way to really make money with the syndicate idea is if you take a rake off the top or (even more profitable) take the money and run. As both of these options are illegal in Canada, I am not recommending either to anyone.
While spending more can increase your probability of acheiving a winning ticket, your true odds do not change.Scenicdrive said:The more buying power, the bigger difference it can make.
If the jackpot is $1 million, your one dollar ticket (for example) could win you the full million if you hit the right numbers. If you enter a pool of 20 players, your $1 "investment" will win a maximum of $50,000. The chances of hitting the win are (very) slightly higher but the return on your ticket is (considerably) lower.
The only way to really make money with the syndicate idea is if you take a rake off the top or (even more profitable) take the money and run. As both of these options are illegal in Canada, I am not recommending either to anyone.