Powerball & Mega Millions — PoolStake LLC
NO PURCHASE, PAYMENT, OR OTHER CONSIDERATION IS NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING ON A PER-ENTRY BASIS, BUT WILL INCREASE THE TOTAL NUMBER OF SWEEPSTAKES ENTRIES YOU RECEIVE. VOID WHERE PROHIBITED BY LAW.
The Sponsor and Promoter of the PoolStake Lottery Pool Sweepstakes is PoolStake LLC, a Tennessee limited liability company, with its principal place of business at [INSERT REGISTERED ADDRESS], Knoxville, Tennessee ("PoolStake," "Sponsor," or "we"). The Sweepstakes is administered by PoolStake LLC as the Promoter.
PoolStake operates recurring Lottery Pool Sweepstakes (each, a "Pool") in connection with official United States multi-state lottery games, including the Powerball lottery (draws held every Monday, Wednesday, and Saturday) and the Mega Millions lottery (draws held every Tuesday and Friday). Each Pool is a separate, independently administered sweepstakes promotion.
Prior to opening any Pool for participant entry, PoolStake LLC pre-purchases official lottery tickets from authorized Tennessee Lottery retailers and holds such tickets in its own name ("Pool Tickets"). The number of Pool Tickets purchased per Pool is determined by the applicable jackpot amount and the ticket scaling tiers described in each Pool's individual rules.
Participants do not purchase lottery tickets directly. Participation in a Pool constitutes entry into a promotional sweepstakes in which the defined prize is derived from any lottery proceeds generated by the Pool Tickets held by PoolStake LLC.
The Sweepstakes is open only to natural persons who are at least eighteen (18) years of age at the time of entry. By entering, you represent and warrant that you satisfy this age requirement.
The Sweepstakes is open to legal residents of the United States, subject to the following exclusions:
The Sweepstakes is VOID where prohibited by law. It is the sole responsibility of each participant to verify that participation is lawful in their jurisdiction.
Employees, officers, directors, contractors, and agents of PoolStake LLC, and the immediate family members (spouse, parent, sibling, child, and their respective spouses) and household members of any such persons, are not eligible to enter or win.
Each participant may maintain only one (1) active account on the PoolStake platform. Participants found to have created multiple accounts will be disqualified from all active and future Pools and will forfeit all accumulated Sweeps Entries and any prize claims.
To participate in a Pool, eligible participants must acquire Sweeps Entries and use those Sweeps Entries to enter the Pool's slot selection drawing.
A purchase is not required to enter or win. The purchase of Gold Coins, a membership subscription, or merchandise does not affect and will not increase a participant's statistical probability of winning on a per-entry basis.
To receive Sweeps Entries via the mail-in method at no cost, participants must comply with ALL of the following requirements:
Participants may earn additional Sweeps Entries by referring new users using their unique referral link. Entries are awarded upon the referred user completing qualifying actions:
Self-referrals, referrals using multiple accounts, or any fraudulent referral activity will result in forfeiture of all associated Sweeps Entries and account termination. Each qualifying action is credited once per referred user.
Each eligible participant may hold a maximum of one (1) slot per Pool, regardless of the number of Sweeps Entries they possess. Multiple Sweeps Entries do not entitle a participant to multiple slots. This rule is fundamental to the fairness and integrity of the Sweepstakes and may not be waived under any circumstances.
All slots within a given Pool are of equal value. The prize per slot is fixed and defined at the time each Pool opens, before any participant submits their entry. No participant may obtain a larger prize share through the acquisition of additional Sweeps Entries.
Each Sweeps Entry constitutes one (1) chance of being selected to receive a slot in the Pool. The slot selection drawing is conducted through a cryptographically secure weighted random selection process among all valid entries received before the Pool closes.
Prior to opening any Pool for participant entry, PoolStake will upload scanned images of all Pool Tickets to the platform. Participants may verify the existence of the underlying lottery tickets before submitting their Sweeps Entries. No Pool will be opened for entry until verified ticket scans are available.
If PoolStake is unable to purchase Pool Tickets for any reason, or if a Pool fails to meet its minimum participation requirements, the Pool will be cancelled. All Sweeps Entries used to enter a cancelled Pool will be returned within forty-eight (48) hours of cancellation.
The prize for each Lottery Pool Sweepstakes is defined as: eighty-five percent (85%) of net lottery proceeds actually received by PoolStake LLC from the Tennessee Lottery with respect to the Pool Tickets, distributed equally among all pool slot holders. Fifteen percent (15%) of net lottery proceeds is retained by PoolStake LLC as the Promoter's fee.
Prize funds will be distributed to slot holders within thirty (30) days of PoolStake's receipt of cleared lottery prize funds, subject to verification of winner identity, applicable tax withholding, and all other requirements of these Rules.
All potential winners are subject to verification by PoolStake. To claim a prize, potential winners must:
Failure to respond within the required timeframes, failure to provide required documentation, failure to satisfy eligibility requirements, or discovery of any violation of these Rules will result in disqualification and forfeiture of the prize.
All federal, state, and local taxes on prizes are the sole responsibility of the winner. PoolStake will issue IRS Form 1099-MISC or other applicable tax documents to prize recipients as required by law. Winners are strongly encouraged to consult a qualified tax advisor regarding the tax implications of receiving a prize.
By entering, each participant agrees to be bound by these Official Rules and the decisions of PoolStake, which are final and binding in all matters relating to the Sweepstakes.
Except where prohibited by law, participation in the Sweepstakes constitutes each winner's consent to PoolStake's use of the winner's name, general geographic location, and likeness for promotional purposes in any media worldwide without further payment, notice, or consideration. Winners who do not wish to be identified publicly may opt out by notifying PoolStake in writing at the time of prize claim.
For questions regarding these Official Rules, contact:
PoolStake LLC, [INSERT ADDRESS], Knoxville, Tennessee.
Email: hello@poolstake.app
These Official Rules are available at poolstake.app/legal/official-rules-lottery.html at all times during the Sweepstakes.