Jackpocket
- Company typePrivate
- Founded2013
- HeadquartersNew York, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
Jackpocket firmographics
Firmographics- Name
- Jackpocket
- Legal name
- Jackpocket LLC
- Website
- https://jackpocket.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Jackpocket industry classification
Industry- Product category
- Mobile Lottery Courier Services
- NAICS
- Gambling Industries (7132), Other Gambling Industries (713290)
- akta.pro primary industry
- Lottery Courier & Ticket Delivery Services (MPAEAFAL)
- akta.pro secondary industries
- Digital Lottery & iLottery Platforms (Web/App) (MPAEAFAD), Lottery Operators (Government & Private Licensed) (MPAEAFAA)
Keywords
Where Jackpocket is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Jackpocket business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Others
Revenue model
- Service Fee on Ticket Orders: Jackpocket charges a service fee that is presented to users when funding their account or placing an order. Jackpocket never charges a fee on any winnings or prize distributions. The fee is a per-transaction charge applied to each lottery ticket order placed through the app.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Service fee per ticket order |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Jackpocket product offering
Product offeringCore offering
Jackpocket operates a mobile lottery courier platform that lets users order official state lottery tickets (Powerball, Mega Millions, state draw games, and scratch tickets) through a smartphone app or web interface. Tickets are purchased on the user's behalf by licensed lottery retailers in jurisdictions where Jackpocket is authorized. The service includes automated win checking, digital ticket storage, and prize deposits for amounts up to the In-Store Redemption Threshold.
Product overview
Jackpocket is a mobile-first lottery courier platform operating as a subsidiary of DraftKings following its $750 million acquisition in 2024. The platform offers a unified mobile app (iOS/Android) and web platform that allows users in 17 US states plus DC and Puerto Rico to order official state lottery tickets (Powerball, Mega Millions, and local state games) through a licensed courier model. The core offering centers on the Jackpocket Mobile App and Online Platform, supplemented by value-add features including Smart Order (auto-subscription for recurring draws), Super Pick (comprehensive number selection), Scratch Tickets (digital scratch-offs in select states), Quick Pick (certified random number generation), and Lottery Pools (group play). A separate Jackpocket Casino app extends the offering into casino gaming. The platform also includes the Dynasty Rewards loyalty program, referral program, and Win Alerts notification system. Users receive ticket scans in-app, email confirmations with serial numbers, and automatic prize deposits for wins under $600.
Differentiator
Problem solved
Functional benefit
Products and services
- Jackpocket Mobile App & Online Platform America's #1 mobile lottery courier platform available across iOS, Android, and web, allowing individual consumers in 17 US states plus DC and Puerto Rico to order official state lottery tickets (Powerball, Mega Millions, state draw games) without visiting physical retailers. Includes ticket scanning, digital storage, automatic win checking, and prize deposits for amounts up to the In-Store Redemption Threshold.
- Jackpocket Casino Separate mobile casino application featuring hundreds of top casino games including live dealer blackjack and slots, marketed as a distinct app linked from the Jackpocket ecosystem.
Quantifiable outcome
- Over $500 million in total lottery prizes won by Jackpocket customers as of June 2024
- +3 more outcomes
Companies that use Jackpocket
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Jackpocket technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
Feature5 records
Jackpocket partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered minor and core.
- Boston Red SoxminorSports team partnership for brand visibility and marketing activation. The Boston Red Sox partnership is listed among Jackpocket's featured partner sports teams.
- Colorado RockiesminorSports team partnership with Major League Baseball's Colorado Rockies for marketing and brand exposure.
- New Jersey DevilsminorNHL partnership with the New Jersey Devils for sports marketing and brand visibility.
- New York IslandersminorNHL partnership with the New York Islanders for marketing and brand visibility.
- New York JetsminorNFL partnership with the New York Jets. Jackpocket is an official partner of the New York Jets.
- New York MetsminorMLB partnership with the New York Mets for marketing and brand visibility.
- Texas RangersminorMLB partnership with the Texas Rangers for marketing and brand visibility.
- PlaidcoreJackpocket uses Plaid Technologies, Inc. to gather end user data from financial institutions for account funding purposes. Users grant Jackpocket and Plaid the right to act on their behalf to access and transmit personal and financial information from relevant financial institutions.
- OnfidocoreOnfido provides facial image scan services for identity verification. Their biometric identity verification compares facial scan data from a user's ID photo to a selfie photo or video to verify identity.
- SocurecoreSocure provides fraud detection, risk analysis, and identity verification services alongside other vendors including LexisNexis and TransUnion.
- State Lottery CommissionscoreJackpocket operates as a licensed lottery courier partner with state lottery commissions. The company is licensed by the New Jersey Lottery and operates in partnership with various state lottery organizations including Arkansas Scholarship Lottery, Texas Lottery, and others to provide legal lottery ticket ordering services.
Scale indicators8 records
Recent moves4 records
Expansion highlights6 records
Jackpocket competitors and assessment
Company assessmentBroad incumbents
- DraftKings: Parent company of Jackpocket following the 2024 acquisition. As a publicly traded online sports betting and iGaming operator, DraftKings provides the broader gaming platform into which Jackpocket's lottery courier offering is integrated and cross-sold.
- BetMGM: Online sports betting and casino operator owned by MGM Resorts and Entain. Competes in the broader regulated digital gaming space and represents a potential strategic entrant or acquirer of lottery courier services.
- FanDuel: Major US online sports betting and iGaming operator that has explored lottery product adjacencies. Comparable to DraftKings as a broad incumbent in the regulated US digital gambling space, with overlapping customer demographics.
Direct peers
- Jackpot.com: US-based mobile lottery courier operating in select states, offering scratch tickets and draw games through a similar app-based courier model. Direct competitor sharing the same regulatory licensing and ticket-purchase-on-behalf mechanic.
- theLotter: International lottery courier service that purchases official tickets on behalf of customers in numerous US states and global jurisdictions. Directly competes with Jackpocket in the courier model, particularly for cross-border Powerball and Mega Millions participation.
- Lotto.com: Lottery courier app operating in multiple US states, allowing users to order official state lottery tickets via mobile or web. Direct competitor to Jackpocket with the same courier-based regulatory model, differentiated primarily by its own state coverage and product features.
Others
- Worldpay (FIS): Payment processor providing debit card processing for Jackpocket account funding. Functions as enabling infrastructure supporting Jackpocket's transaction-based revenue model.
- Circle K (Couix): Convenience store chain that participated as an investor in Jackpocket's Series C round. Operates as a potential retail distribution and pickup partner for Jackpocket's courier model in select states.
Emerging players
- Lucky Block: Crypto-native lottery and gaming platform. Represents an emerging alternative lottery model using blockchain-based draws, partially overlapping Jackpocket's lottery audience with a different technology stack and regulatory posture.
- New York State Lottery (and other state lottery apps): Several state lotteries including New York, Virginia, Michigan, and others have launched or expanded their own direct-to-consumer mobile apps. These state-operated platforms represent both competitive threat and potential distribution partners for Jackpocket.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Jackpocket social profiles
Digital presenceJackpocket compliance and trust
Trust signalCompliance2 records
Jackpocket financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jackpocket leadership team
Management profileNumber of profiles
Profiles9 records
Jackpocket funding detail
Funding detailFunding overview
Funding rounds10 records
Investors33 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jackpocket M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jackpocket
What does Jackpocket do?
Jackpocket operates a mobile lottery courier platform that lets users order official state lottery tickets (Powerball, Mega Millions, state draw games, and scratch tickets) through a smartphone app or web interface. Tickets are purchased on the user's behalf by licensed lottery retailers in jurisdictions where Jackpocket is authorized. The service includes automated win checking, digital ticket storage, and prize deposits for amounts up to the In-Store Redemption Threshold.
Is Jackpocket a public or private company?
Jackpocket is a private company. It is classified as corporate owned and is currently operating.
When was Jackpocket founded?
Jackpocket was founded in 2013. It employs 251 to 500 people.
Where is Jackpocket based?
Jackpocket is headquartered in New York, United States, in the North America region.
How does Jackpocket make money?
One revenue line is on record: service Fee on Ticket Orders.
Who are Jackpocket's main competitors?
Broad incumbents on record are DraftKings, BetMGM and FanDuel. Direct peers are Jackpot.com, theLotter and Lotto.com. Others are Worldpay (FIS) and Circle K (Couix). Emerging players are Lucky Block and New York State Lottery (and other state lottery apps).
Does Jackpocket have an API?
No public API is recorded for Jackpocket.
What industry is Jackpocket in?
Jackpocket's product category is Mobile Lottery Courier Services. Its primary akta.pro industry code is MPAEAFAL, Lottery Courier & Ticket Delivery Services, with a secondary code of MPAEAFAD, Digital Lottery & iLottery Platforms (Web/App). Its NAICS code is 7132.