FREQUENTLY ASKED QUESTIONS

Last Updated: March 15, 2018

WHAT ARE THE 5 PILLARS OF NUEVORICH

1) The lottery being a game of chance and the odds associated with it inherit a substantial very high RISK that your entire contribution may be LOST, as such do NOT contribute money you CANNOT afford to LOSE.

2) We are NOT affiliated with , associated with , endorsed by or approved by the Multi-State Lottery Association (MUSL) or any of it's members.

3) We do NOT SELL lottery tickets , we ONLY BUY lottery tickets for NuevoRich from Authorized Retailers.

4) We do NOT provide any form of online gambling.

5) We make NO representations , warranties or guarantees , whether express , implied or statutory. Any reliance you place on the possibility of any winnings , you do at YOUR OWN RISK.

ALWAYS PLAY RESPONSIBLY

By joining a social lottery pool strategy, you increase your chances of winning but it does not guarentee a winning. The Lottery is a game as such is designed to be an enjoyable entertainment for adults. We encourage all participants to be responsible in their amount of play. Never spend more than you can afford. Please remember, it's just a game.

HOW DO YOU MAKE MONEY

We ONLY collect from pool winnings. We collect a twenty-six percent (26%) from all lottery winnings including all JACKPOTs before we payout to participants.

EXAMPLE

The following example is for illustrational purposes only. Just ment to be able to answer and explain the question.

If a group has 2 participants in addition to NuevoRich and the amount received by NuevoRich from the florida lottery is $100 dollars, NuevoRich would collect $26 dollars, and the remaining $74 dollars will be divided by the amount of participants, in this case 2 participants, meaning each participant will receive $37 dollars.

WHY DO YOU COLLECT PART OF THE WINNINGS

Basically we are allowing people to JOIN our pool. NuevoRich actually contributes just like EVERYONE else to play.

WHY DO YOU COLLECT A PICTURE OF IDENTIFICATION INFORMATION

As verification of the name, address, and Tax Identification Number of the person receiving the winnings. One of the two forms of identification that the recipient presents must include the recipient's photograph.

DO YOU HAVE TO BE A US CITIZEN OR PERMANENT RESIDENT TO JOIN NUEVORICH

Yes, ONLY US Citizens or Permanent Residents are allowed to JOIN NuevoRich.

We understand that ANYONE who meets the basic requirements can play both the Powerball and/or Mega Million, it is more a basis of legal requirements. Hopefully we are able to address those requirements in the future.

CAN A PERSON BE PART OF MORE THAN ONE GROUP

Every participant can ONLY have ONE ACCOUNT and each account can only be part of ONE group per drawing date.
The ONLY reason NuevoRich is part of each group is because it is only fair since we collect from each group to contribute to each group.

WHY IS EACH PARTICIPANT PLACED IN A GROUP

It is a concept of numbers, basically the bigger the amount of participants the less each participant gets when funds are distributed.

EXAMPLE

The following example does not include our percentage, taxes withheld, and / or other factors. It is for illustrational purposes only.
Not based on an actual outcome. Not intended to be estimate of possible winnings. Just ment to be able to answer and explain the question.

10,000 participants playing and the total winnings came out to $100,000,000 each participant would receive $10,000

10,000 participants playing, but each participant is placed in a group, lets say for illustration purposes that each group is made of 100 people, and that ONE group total winnings came out to $100,000,000, each partcipant for ONLY that group would receive $1,000,000

ARE THE CONTRIBUTIONS REFUNDABLE

All contributions are FINAL. No full or pro-rata refunds will be given, participation will continue until the end of the quarter paid.

WHO CREATES THE GROUPS

NuevoRich will be the ONLY one creating all groups and determining how many participants will be in each group.

WHO DECIDES WHO IS IN WHICH GROUP

NuevoRich will be the ONLY one determining what participant will be part of which group.

WHAT DO THE ACCOUNT STATUS MEAN

ACTIVE means we have VERIFIED all the personal information and documents (Social Security card, proper identification card) you have provided to us.

All sections of the website would be accessible.

INACTIVE means we have NOT VERIFIED all the personal information and documents (Social Security card, proper identification card) you have provided to us.

Some sections of the website would be restricted. NO CONTRIBUTIONS WOULD BE ALLOWED UNTIL ALL OF YOUR INFORMATION IS VERIFIED.

WHAT IS A LOTTERY POOL / LOTTERY SYNDICATE / LOTTERY CLUB / LOTTERY GROUP

Basically is a group of people who buy lottery tickets together. Mostly known as Office Lottery Pools since these are the most common type of lottery pools.

Each person owns a pre-determine percentage of these collective tickets based on various methods of determination and will receive a proportionate part of any winnings based on those pre-determine percentage.

EXAMPLE

The following example is for illustrational purposes only.
Not based on actual group size. Not based on an actual pre-determined percentage.
Not based on an actual outcome. Not intended to be estimate of possible winnings. Just ment to be able to answer and explain the question.

Let's say their are 6 employees on an office lottery pool and one of the employees is selected as the Pool Manager because his allowing everyone else to join him in playing the lottery to increase their chances of the possibility to receive winnings.

For his trouble of running the pool
(collecting the funds to buy the tickets, driving to the store, standing inline, making copies of the tickets for everyone, etc..)

He will receive 20% of the winnings and then the rest of the employees will receive an equal share of what is left from the winnings. Let's say that the total winnings came out to $100 dollars

The pool manager would receive $20 from the $100 dollars
(20% of $100)
and the remaining 5 employees will receive $16 from the remaining $80
($100 - $20 = $80)
($80 / 5 = $16)

HOW OLD DO YOU HAVE TO BE TO BE ABLE TO SIGN UP IN NUEVORICH

The following state(s) minimum age is 21 years old:
Arizona (AZ), Iowa (IA), Louisiana (LA)

The following state(s) minimum age is 19 years old:
Nebraska (NE)

The following state(s) minimum age is 18 years old:
Any state not mention above or missing from the sign up form

DO YOU HAVE AN OFFICIAL MOTTO / SLOGAN

Yes, We do, It is "Join The Fun, Share The Dream, Win Together."

HOW DOES IT WORK

1) NuevoRich will announce and provide in their internal OFFICIAL web Site blog to which PAYPAL group account for ALL participants to provide their quarter (13 weeks) contribution.

2) NuevoRich will open and close contribution capabilities at the Paypal group account based on a pre-determine schedule posted on the internal OFFICIAL web Site blog.

3) NuevoRich buys OFFICIAL lottery tickets, from an authorized Florida Loterry retailer, on behalf of all participants.

4) NuevoRich will determine how many groups to create based on the number of participants that provided contributions.

5) NuevoRich divides all participants into groups so tickets are aggregagte into groups of participants meaning that ONE ticket is purchased per PERSON, so any one ticket can ONLY be part of that ONE group.

6) NuevoRich makes photo copies of the tickets to post online. The physical tickets are stored, held and retain by NuevoRich while awaiting potential redemption.

7) NuevoRich post photo copies of the tickets online that corresponds to each individual group.

8) NuevoRich post the ticket analysis of each individual ticket online that corresponds to each individual group.

9) NuevoRich usually within a month (4 weeks) after the quarter (13 weeks) will deposit the funds to each individual participant to their individual provided checking account.

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