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Jackpocket

Mobile lottery ticket purchase and management

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.

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About Jackpocket

Simplify's Rating
Why Jackpocket is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Consumer SoftwareEntertainmentGaming

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

  • DraftKings said Jackpocket should add $260 million to $340 million revenue in 2026.
  • Jackpocket customers won over $283 million through July 29, 2026, boosting engagement.
  • Google Play updated Jackpocket on September 9, 2026, confirming active product support.

What critics are saying

  • Texas, Indiana, and Florida bans expose Jackpocket’s courier model to rapid regulatory shutdowns.
  • 2026 consumer litigation over fees and payouts targets Jackpocket’s core monetization and trust.
  • State-by-state prohibition can destroy Jackpocket if New York or New Jersey changes course.

What makes Jackpocket unique

  • DraftKings completed Jackpocket acquisition on May 22, 2024, creating lottery cross-sell leverage.
  • Jackpocket remains the leading U.S. digital lottery courier, with regulated state-by-state operations.
  • Its app-native convenience and official ticket fulfillment separate it from retail lottery channels.

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Funding

Total Funding

$199.8M

Meets

Industry Average

Funded Over

8 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

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

Headcount

6 month growth

-26%

1 year growth

-26%

2 year growth

-26%
S36MY
Jun 8th, 2025
Jackpocket Launches Lottery App in Idaho

Jackpocket launches lottery app in Idaho.

Medium
Dec 14th, 2024
DraftKings Buys Jackpocket for $750M

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.

Casino.org
Nov 12th, 2024
Jackpocket Announces Collaboration with Barstool Sports

Lottery app Jackpocket, a subsidiary of DraftKings Inc., today announced a new collaboration with Barstool Sports.

Alibaba4d1
Oct 10th, 2024
Jackpocket Adds Desktop Option For West Virginians

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.

Finger Lakes Times
Apr 22nd, 2024
Cayuga Nation sues state Gaming Commission and Jackpocket over gaming

Cayuga Nation sues state Gaming Commission and Jackpocket over gaming.

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