About Jackpocket
Jackpocket is a company based in New York (United States) founded in 2013 was acquired by DraftKings in February 2024. Jackpocket has raised $193.59 million across 5 funding rounds from investors including DraftKings, Circle K and Tegna. Jackpocket offers products and services including Lottery App, Scratchers, and Smart Order. Jackpocket operates in a competitive market with competitors including California Lottery, Lottery, Jackpot, Georgia Lottery and BOTB, among others.
- Headquarter New York, United States
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Jackpocket Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$193.59 M (USD)
in 5 rounds
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Latest Funding Round
$120 M (USD), Series D
Nov 09, 2021
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Investors
DraftKings
& 23 more
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Employee Count
Not available
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Acquired by
DraftKings
(Feb 16, 2024)
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Products & Services of Jackpocket
Jackpocket offers a comprehensive portfolio of products and services, including Lottery App, Scratchers, and Smart Order.
App for ordering and managing lottery tickets online securely.
Digital tickets for instant win opportunities via the app.
Feature for automatic ticket ordering and drawing reminders.
People of Jackpocket
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Software Development Team
269 people
Sales and Marketing
80 people
Data Analysis and Operations Team
79 people
Product Management Team
68 people
Senior Team
55 people
Leadership Team
48 people
Legal and Compliance
39 people
Human Resources and Administration
32 people
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Funding Insights of Jackpocket
Jackpocket has successfully raised a total of $193.59M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $120 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Jackpocket
Jackpocket has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include DraftKings, Circle K and Tegna.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management firm
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Multiple sectors are targeted through private equity by Raine.
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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Investor details for Jackpocket
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Jackpocket
Investment portfolio details for Jackpocket
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- Transaction dates
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Financial Statements - Jackpocket
Detailed financials for Jackpocket
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Jackpocket Comparisons
Peer comparison for Jackpocket
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Jackpocket
Jackpocket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as California Lottery, Lottery, Jackpot, Georgia Lottery and BOTB, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operates an app-based platform for engaging lottery games and services.
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Lottery-based games are provided via an online gambling platform.
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Online gambling platform offering casino and lottery games
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Operates lottery games like draws and scratchers to support education funding.
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Online lottery agents
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Detailed competitors of Jackpocket
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Jackpocket
Complete news archive for Jackpocket
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Frequently Asked Questions about Jackpocket
Jackpocket was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Jackpocket is headquartered in New York, United States. It is registered at New York, New York, United States.
Jackpocket is a funded company, having raised a total of $193.59M across 5 funding rounds to date.
Jackpocket was founded in 2013 in New York, United States, as an online platform in the lottery sector. Tickets for lotteries such as Megamillions and Powerball are enabled for purchase and participation by users. Operations include in-app payments and a mobile application available on Android. The service focuses on digital access to state lotteries across the U.S.
Jackpocket offers Lottery App, Scratchers, and Smart Order.
Jackpocket has 24 investors. Key investors include DraftKings, Circle K, Tegna, Digital Currency Group, and Anchor Capital Advisors.