Lancellot is a mobile app that facilitates group purchases of lottery tickets, allowing users to play major lotteries like Powerball and Mega Millions together, thereby increasing their chances of winning. The platform employs a secure order fulfillment system where couriers purchase tickets on behalf of users, providing real-time tracking and digital ticket storage for transparency and safety.
Funding
Funding not disclosed
Founders
Product
Problem
Playing the lottery, especially major lotteries like Powerball and Mega Millions, often involves low individual odds of winning. Coordinating group purchases of lottery tickets can be cumbersome, lacking transparency and security in ticket handling and prize distribution.
Solution
Lancellot is a mobile application designed to facilitate secure and transparent group lottery ticket purchases. The platform enables users to form groups with friends, family, or coworkers to collectively purchase tickets for major lotteries, thereby increasing their chances of winning. Lancellot employs a courier system to acquire official state lottery tickets on behalf of user groups, providing a digital scan of the ticket within the app as proof of purchase. Winnings are distributed proportionally among group members, with smaller prizes deposited directly into user accounts and arrangements made for secure delivery of larger winnings.
Target Audience
Lancellot targets individuals who participate in lotteries and are interested in increasing their chances of winning by playing as part of a group, as well as those seeking a secure and transparent platform for managing group lottery ticket purchases.
Features
- Group creation and invitation features for collaborative lottery play
- Courier-based ticket purchasing from official state lottery retailers
- Digital ticket scanning and storage within the app for verification
- Automated result checking and win notifications
- Secure, proportional distribution of winnings to group members
- In-app balance for winnings, with options for withdrawal or continued play
- Secure storage of physical tickets in a locked vault