Saturday's Powerball Lottery jackpot currently stands at a mind-blowing $800 million!

You might be buying your own tickets in hopes of winning it all for yourself, or you might be pooling your money together with others at work in hopes of having more numbers to play with and then split the winnings among the group.

Hold on, thoug,h before getting caught up in an office pool! You'll want to make sure there is a clear understanding of all the expectations from the group as a collective before getting involved in the office pool.

Good Morning America's T.J. Holmes gives you some great reasons on why there should be some kind of contract, rules or understanding in place when it comes to the lottery and the office pool.