Do you think enlisting investors is equivalent to forming a syndicate for the lottery?

[WinJonny]

Do you think enlisting investors is equivalent to forming a syndicate for the lottery?

I think starting an investment group is like starting a syndicate to play the lottery. As long as your math is sound, you may instead guarantee them a fixed rate up front rather than a share of the prize. By using this tactic, you can increase your results and earn more money. To avoid any potential legal issues when your strategy comes together, just make sure your agreements are solid.

 

[James108]

While there are some similarities between the two, enlisting investors and forming a lottery syndicate are not exactly the same thing. With a lottery syndicate, a group of people pool their money to purchase tickets and share the winnings equally if they win.