Hypothetical question for the legal beagles

[hootinholler]

If one were to start a jackpot where each payment entitles the person to guess the date and time of a person's mortal demise, what would the liability (criminal or otherwise) of the pool administrator be?

-Hoot

[Coyote_Bandit]

1. That answer

could vary from state to state. Even from one jurisdiction to another within a state. Get some real advice from local counsel.

[Tesha]

2. Wikipedia is not a legal resource, but you might start here and follow their references...

http://en.wikipedia.org/wiki/Dead_pool

[Pangolin2]

3. To pay the winner

assuming the enterprise is legal to begin with. It would probably be construed as a lottery in many places.

[Warpy]

4. It's a lottery

and illegal in most places.

Bet on football instead. That's so common you would never get arrested for it.