Initially, the company was so small that it operated from a coworking space, but in time, it has grown and has its headquarters today. We can’t wait to show you what’s in store. Jackpocket Inc is the creation of Peter Sullivan, who’s also currently the company’s CEO. ANew Jersey player won 9,400,000 on the Jackpocket. In 2020 we began offering a scratch ticket delivery feature in Texas and Colorado (with New York on the way), introduced Apple Pay and Play+, had our second $1M winner, and hit a new milestone: $26 million in winnings on Jackpocket.Īs our CEO Peter Sullivan put it in our Series C press announcement today, "Lottery is the next major form of entertainment to go mobile, and Jackpocket is proud to lead that movement by partnering with state lotteries and legislators in the pursuit of a more accessible, convenient, and responsible lottery experience." Jackpocket announced today it has raised 120M in Series D funding to pioneer the future of lottery play. Continue building the lottery of the future Stay tuned because we have BIG plans-both for launching new states and for reaching more players in our existing states. to offer sales of lottery games through a mobile app, but a physical ticket generated from a licensed lottery retailer is. This January we launched in New York, our 10th state following Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, Ohio, Oregon, Texas, and Washington D.C. In March 2020, the lottery started a pilot program with Jackpocket Inc. We’ll be making a series of new additions to the team to support our mighty expansion goals. Jackpocket has officially gone bicoastal with headquarters in New York City and now in Santa Barbara. Here's how we're putting those dollars to work: Expand our team (we’re hiring!) We’re already seeing that investment pay off! In January alone, Jackpocket hit 1 million new app downloads and reached #7 in Entertainment on the App Store. You can read the full announcement here if you’re interested in the press release, but first we wanted to say thank you! We are so grateful to our users, who give us their support every day, to our team for their tireless dedication in building the best lottery experience, and to our investors for believing in our vision for a more fun, convenient, and responsible lottery. It’s official: we’ve raised $50M in our Series C round! Today we announced the close of our latest funding round with participation from The Raine Group, Greenspring Associates, BlueRun Ventures, David Blitzer (owner of the NJ Devils and the Philadelphia 76ers) and more!
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