Jackpot.com provides a digital platform that allows users to purchase official state lottery tickets online, utilizing proprietary technology to ensure secure transactions and instant ticket scanning. By enabling convenient access to lottery games via a mobile app or desktop, Jackpot.com addresses the challenge of limited accessibility and cumbersome purchasing processes in the traditional lottery system.
Funding
$42M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional lottery systems often require customers to visit physical retailers, which can be inconvenient and limit accessibility. This can lead to missed drawings and lost tickets, reducing potential winnings and overall participation.
Solution
Jackpot.com provides a digital platform that enables users to purchase official state lottery tickets online via a mobile app or desktop. The platform purchases physical tickets from authorized retailers on behalf of the user, then uploads a scanned copy of the ticket to the user's account. Jackpot.com streamlines the lottery experience by providing instant notifications of drawing results and winnings. The platform also implements responsible gaming safeguards, including daily deposit limits, self-suspension options, and notifications that offer help if risky behavior is detected.
Target Audience
The primary target audience includes adults who participate in state lotteries and seek a more convenient and accessible way to purchase tickets.
Features
- Online purchase of official state lottery tickets for games like Powerball, Mega Millions, Lotto Texas, and Texas Two Step
- Secure ID and location verification to ensure eligibility
- Automatic notifications of drawing results and winnings
- Digital scanning and storage of physical lottery tickets
- Integration with preferred payment methods for seamless transactions
- Responsible gaming features, including deposit limits and self-exclusion options