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Overview
Jackpocket lets people buy lottery tickets from a mobile app by selecting numbers or using Quick Pick, with purchases made through licensed retailers and the app receiving a scanned copy for ownership while the physical ticket is stored securely. After purchase, users get ticket scans, win notifications, and optional features like ticket pooling to improve odds, all while staying compliant with state rules. It stands apart by not being tied to one state lottery and by working through a network of licensed retailers, providing clear scans, secure storage, and group-play options. Its goal is to make lottery participation easy, trustworthy, and convenient for players while boosting retailer activity, supporting state proceeds, and encouraging responsible gaming.
About Jackpocket
Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
Acquired
Total Funding
$199.8M
Headquarters
New York City, New York
Founded
2013
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Simplify's Take
What believers are saying
- Jackpocket delivered a $250.8 million Arkansas Powerball win in March 2026.
- Through May 2026, 38 customers won $50,000 or more, driving engagement.
- DraftKings expects Jackpocket to add $260 million to $340 million revenue in 2026.
What critics are saying
- Texas banned courier services in 2025, forcing Jackpocket out of a major market.
- New Mexico suspended Jackpocket in March 2025 after legal questions over courier legality.
- Ohio paused Jackpocket orders in September 2025 over internal-control violations, threatening wider state crackdowns.
What makes Jackpocket unique
- Jackpocket remains the first licensed third-party lottery courier app in America.
- DraftKings’ 2024 acquisition gives Jackpocket deeper capital, distribution, and customer cross-sell.
- Its app combines ticket ordering, scans, alerts, pools, and desktop access.
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Funding
Total Funding
$199.8M
Meets
Industry Average
Funded Over
8 Rounds
Benefits
Competitive salaries
401(k) Matching
Stock options
Health insurance coverage up to 100%
Career growth & promotion from within
Commuter benefits
Citi Bike membership
Discounted gym membership
Flexible work schedule
Stocked kitchen & catered lunches
Cold brew & more on tap
Growth & Insights and Company News
6 month growth
↓ -26%1 year growth
↓ -26%2 year growth
↓ -26%DraftKings has acquired Jackpocket for $750 million, marking a significant move into the digital lottery market. This acquisition aims to expand DraftKings' reach beyond sports betting and online casinos, targeting the growing digital lottery sector, which saw sales of around $12 billion in 2023. Jackpocket, founded in 2013, revolutionized lottery access via mobile devices, aligning with DraftKings' strategy to focus on mobile-first markets.
Lottery app Jackpocket, a subsidiary of DraftKings Inc., today announced a new collaboration with Barstool Sports.
Jackpocket, the top third-party lottery app in the US, has recently enhanced its services by introducing a desktop version alongside its existing mobile app.
Cayuga Nation sues state Gaming Commission and Jackpocket over gaming.
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About Jackpocket
Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
Acquired
Total Funding
$199.8M
Headquarters
New York City, New York
Founded
2013
There are no jobs for Jackpocket right now.
Find jobs on Simplify and start your career today