Jackpocket lets people buy lottery tickets from a mobile app instead of going to a store. Users choose their numbers or use Quick Pick, and purchases are fulfilled through licensed retailers; the app sends a scanned ticket image to prove ownership while the physical ticket is stored securely. The app also provides features like win notifications and ticket pooling to improve odds, all while keeping users informed and compliant with state rules. Unlike many competitors, Jackpocket works with multiple state lotteries via licensed retailers rather than being tied to one lottery, and it emphasizes convenience, secure ownership, and responsible gaming to support retailers and state proceeds.
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Industries
Company Size
51-200
Company Stage
Acquired
Total Funding
$199.8M
Headquarters
New York City, New York
Founded
2013
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Total Funding
$199.8M
Meets
Industry Average
Funded Over
8 Rounds
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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Industries
Company Size
51-200
Company Stage
Acquired
Total Funding
$199.8M
Headquarters
New York City, New York
Founded
2013
Find jobs on Simplify and start your career today
We update Jackpocket's jobs every few hours, so check again soon!Browse all jobs