Attorney general: Lottery-ticket pooling operations prohibited in TN
The “analysis” text of the opinion also includes some more specifics. It states that buying a Tennessee lottery ticket is specifically exempt from the legal definition of gambling within the relevant state statute.
Monday, June 9th 2014, 11:59 am EDT
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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