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artists lottery syndicate



What?Artists' Lottery Syndicate

The Artists' Lottery Syndicate is a forty-strong collective of UK based artists who are joining forces to play The National Lottery over the course of a year, with the hope of hitting the jackpot. The Syndicate will run from 1 July 2010 - 1 July 2011.

Why?

As a reaction to the recession and its knock-on effect on arts funding, the Artists' Lottery Syndicate is a speculative new scheme for acquiring funds for artists. By utilising the element of 'luck', which plays such a central role in an artist's career, the Syndicate aims to explore the prevalent 'winner-takes-all' market of the arts, described by Hans Abbing in his book Why Are Artists Poor?
As well as these cynical undertones, playing on the 'lucky break' aspirations of many artists, the Syndicate also has a collective spirit. Inspired by the definition of a 'syndicate' as a group of people 'joining forces', working together for a common goal, it aims to be a social coming-together of a group of aspirational artists supporting each other into the new 'age of austerity'.
Just imagine if we won! Forty artists in press shots; smiling, holding a giant cheque and spraying champagne in the air! Would that not be the greatest artwork ever made?

The Artists' Lottery Syndicate are:

Peter McCaughey
Dean Kenning
Kwong Lee
All of the Syndicate members listed above have agreed that:
- They will commit to one full year's membership at a total cost of £208 (£4 per week).
- The Syndicate will enter both weekly UK Lotto and the weekly EuroMillions draws using the number combinations listed on the Artists' Lottery Syndicate website at the end of June 2010.
- All prize winnings will remain in the Syndicate bank account until the 1 July 2011.
- On 1 July 2011 the total prize winnings will be divided equally between all forty members and paid out by cheque.
- If for unforeseeable circumstances a Syndicate member must withdraw at any point during the year, then it is his/her full responsibility to find a replacement and to ensure that no weekly payments are missed. No refunds will be available on up front payments.
- Members must keep the Syndicate Secretary fully informed of any potential changes.
- The Artists' Lottery Syndicate will go public in the event of a jackpot win.

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