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Lottery pool can't be a business in Tennessee

Tennessee LotteryTennessee Lottery: Lottery pool can't be a business in Tennessee
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In a formal opinion, the state attorney general has declared that Tennessee law prohibits participation in a lottery pool "managed by a third party" — throwing cold water on a Blount County man's idea for a part-time business, though apparently not on informal pools among friends.

State Rep. Bob Ramsey, R-Maryville, said he requested the opinion from Attorney General Bob Cooper after a "senior citizen" constituent asked if his idea of a part-time retirement business would be legal.

Basically, the idea was to collect money for buying a large block of lottery tickets with the agreement that any winnings would be split among purchasers — with the money collector getting a fee for his services or a share of any winnings, Ramsey said.

When Cooper issued the opinion and posted it on the attorney general's website, the question was posed as: "Is it lawful to conduct a lottery-ticket pool in which Tennessee lottery ticket holders pool their tickets and share in any prizes awarded on winning tickets?"

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32 comments. Last comment 4 months ago by Thegreenpirate.
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mypiemaster's avatar - peace
He who dies with the most toys WINS!!!.

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Posted: June 10, 2014, 8:03 am - IP Logged

I have a feeling that, these guys don't have anything better to do. Pools are universal. What's up Tennessee?.

Seekand ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
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    Posted: June 10, 2014, 8:33 am - IP Logged

    I have a feeling that, these guys don't have anything better to do. Pools are universal. What's up Tennessee?.

    It's like this in many states, but it's just not every day that you get the Attorney General to issue a formal opinion about it.

     

    Check the State Lottery Report Card
    What grade did your lottery earn?

     

    Sign the Petition for True Lottery Drawings
    Help eliminate computerized drawings!

      whiteballz's avatar - Lottery-015.jpg
      Nutley, New Jersey
      United States
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      August 1, 2012
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      Posted: June 10, 2014, 9:00 am - IP Logged

      I have a feeling that, these guys don't have anything better to do. Pools are universal. What's up Tennessee?.

      two words: dragon lady LOL

      .

        Gleno's avatar - Lottery-001.jpg
        New Jersey
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        September 25, 2009
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        Posted: June 10, 2014, 9:22 am - IP Logged

        This kind of lottery pool sounds Hokey. Why should the money collector get a fee if he is sharing in the proceeds on an equal basis,with the pool members?

        Bash

          bobby623's avatar - abstract
          San Angelo, Texas
          United States
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          January 31, 2003
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          Posted: June 10, 2014, 11:19 am - IP Logged

          IMHO & FWIW

          The fact that the pool manager/controller/collector/whatever wants to be paid is probably the reason for
          the adverse ruling.
          Only ONE lottery entity can make a profit - the State of Tenn.

            shadowlady's avatar - Trek UFPSYM1.gif

            United States
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            April 7, 2014
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            Posted: June 10, 2014, 12:50 pm - IP Logged

            I think the wording of ' he gets his fee OR a share of the winnings' .

            By this, I assume he would charge people for buying tickets, whether they won or not, and most likely it would be  "not".  But that he would share in the pot if they won anything. 

            I don't think I would want to participate in his business.

              rdgrnr's avatar - walt
              -Ridge Runner- Oracle of the Appalachians
              Way back up in them dadgum hills, son!
              United States
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              Posted: June 10, 2014, 2:14 pm - IP Logged

              Doesn't hurt to ask.

              As long as you know the answer is gonna be NO.

              And the question doesn't really matter.

              The answer is always NO.

                LottoMetro's avatar - Lottery-024.jpg
                Happyland
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                September 1, 2013
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                Posted: June 10, 2014, 4:57 pm - IP Logged

                "with the money collector getting a fee for his services or a share of any winnings"

                The laws against this are pretty universal. The reason is that a pool manager collecting a fee for issuing tickets constitutes acting as an agent of the lottery. Even if he/she has a lottery license it is against most regulations to host a lottery pool if he/she receives compensation without participation (and in some places, altogether prohibited, compensated or not...again it's all about acting as an agent of the lottery).

                If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the payoff does.

                If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                2013: -35.14% (158 tickets) || 2014: +43.40% (14 tickets)

                  Avatar
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                  Akron, Ohio
                  United States
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                  August 10, 2013
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                  Posted: June 10, 2014, 5:54 pm - IP Logged

                  I THINK OHIO IS CHEATING ON THEIR GAME CLASSIC LOTTO THAT HAS NOT BEEN HIT IN ALMOST 4 YEARS!!! CHEATING AZZES!!!!

                    Erzulieredeyes's avatar - spider miss.png
                    Painesville, Ohio
                    United States
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                    October 12, 2011
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                    Posted: June 10, 2014, 8:15 pm - IP Logged

                    I THINK OHIO IS CHEATING ON THEIR GAME CLASSIC LOTTO THAT HAS NOT BEEN HIT IN ALMOST 4 YEARS!!! CHEATING AZZES!!!!

                    Funny you say that..lol I've said the same thing for months now. I remember they'd always hit by the time it reaches $9 million and now its over $70 million and no one has won. I'm going to give it to the end of next month & if it doesn't hit I'm going to quit playing, if it does hit, I'm still going to quit playing, at least until it reaches over $50 million again. All this dammmn $$ wasted. I only draw $3 out of my usual $10 for this game.  Classic is a rip off.

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                      New York, NY
                      United States
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                      December 24, 2011
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                      Posted: June 10, 2014, 9:41 pm - IP Logged

                      Funny you say that..lol I've said the same thing for months now. I remember they'd always hit by the time it reaches $9 million and now its over $70 million and no one has won. I'm going to give it to the end of next month & if it doesn't hit I'm going to quit playing, if it does hit, I'm still going to quit playing, at least until it reaches over $50 million again. All this dammmn $$ wasted. I only draw $3 out of my usual $10 for this game.  Classic is a rip off.

                      Is the classic drawn manually from a tumbler machine or electronically?  I hate electronic draws. I feel it can be manipulated by some computer geek.

                        Erzulieredeyes's avatar - spider miss.png
                        Painesville, Ohio
                        United States
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                        October 12, 2011
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                        Posted: June 10, 2014, 10:09 pm - IP Logged

                        Is the classic drawn manually from a tumbler machine or electronically?  I hate electronic draws. I feel it can be manipulated by some computer geek.

                        Electronic. I wish they'd go back to the LIVE tumbler machines.

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                          LOUISVILLE
                          United States
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                          July 2, 2008
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                          Posted: June 11, 2014, 12:13 am - IP Logged

                          YOU RIGTH AT NEED TO BE LIVE ON TV IF WE AND ALL THE PEOPLE,S  GET TO Gather AND Forth TO PUT IT BACK LIVE ON TV IT WILL WORK.

                            LottoMetro's avatar - Lottery-024.jpg
                            Happyland
                            United States
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                            September 1, 2013
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                            Posted: June 11, 2014, 12:36 am - IP Logged

                            Is the classic drawn manually from a tumbler machine or electronically?  I hate electronic draws. I feel it can be manipulated by some computer geek.

                            Ohio Classic is drawn mechanically. Drawings are open to the public.

                            If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the payoff does.

                            If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                            2013: -35.14% (158 tickets) || 2014: +43.40% (14 tickets)