The $319 Million Albany Seven: A Syndicate’s Success

In 2011, a group of seven co-workers from Albany, known as the ‘Albany Seven’, collectively won $319 million in the Mega Millions lottery. This win was unique for its group nature, showcasing how pooling resources can lead to monumental success.

The group, composed of employees from the New York State Division of Housing and Community Renewal, had been playing together for years. Their win represented one of the largest group lottery wins in the U.S., with each member receiving approximately $45.5 million after taxes.

They decided to take the cash option, which split the pre-tax amount of $173.8 million among them. Plans included paying off debts, buying homes, and securing their futures, with some choosing to remain in their jobs while others retired.

This story not only highlights the camaraderie and trust within the group but also serves as inspiration for those who play in lottery pools, showing that big wins can be shared dreams.