The advantage and disadvantage of forming a lottery club are proportional to each other. On one hand, you can get more tickets when you pool your resources, and on the other hand, you each get less prize money if you do win. Most people see the logic in this and won't have a proble...
There's a lot more you might want to track too,this is just a minimum. You might want to log things like staff holidays for example (if this is an office pool) - so you know to get money before people disappear for 4 weeks on a round the world trip! One of the simplest methods ...