 | |
| Company type | Private |
|---|---|
| Industry | Lottery |
| Founded | 2013 |
| Founder | Peter Sullivan |
| Headquarters | |
Number of employees | 200+ (2022) |
| Website | www |
Jackpocket, Inc. is an American technology company headquartered in New York City. It produces an app for ordering lottery tickets in 14 U.S. states and the District of Columbia. [1] [2]
Jackpocket was founded in 2013 by Peter Sullivan to create an app for ordering lottery tickets. [3]
The company operates as a lottery courier service; users can purchase lottery tickets through the Jackpocket app, but the tickets are purchased by the company on the user's behalf; the company earns its revenue from commissions on deposits into user balances. The physical tickets are scanned and accessible digitally via the app, and winnings under $600 are automatically redeemed into the user's deposit. [4] [5] It is the first registered lottery courier service in New York and New Jersey, the two U.S. states which have passed regulations for the operation of digital lottery courier services. [6] [7]
In October 2021, a New Jersey Lottery player won a $9.4 million jackpot on a Pick-6 ticket ordered via the Jackpocket app. [8]
In November 2021, the company raised a $120 million Series D round led by venture capital firm Left Lane Capital which included participation from Mark Cuban. [9] To date, Jackpocket has raised $200 million and is valued at $620 million. [1] [10]
In 2022, Jackpocket received a casino license in New Jersey through a deal with Caesars Interactive Entertainment and will be launching iGaming products by 2023. [1]
On February 15, 2024, the company announced its sale to DraftKings for $750 million. [5]
In December 2022, Jackpocket signed a sponsorship deal with the Dallas Stars of the National Hockey League. [11]
This is a list of the largest jackpots, or prizes, awarded in various lotteries.
Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It is overseen by the Multi-State Lottery Association (MUSL), which also manages other large jackpot games such as the Mega Millions. Drawings are held three times weekly on Mondays, Wednesdays, and Saturdays at 10:59 p.m. Eastern Time, at the Florida Lottery's headquarters in Tallahassee.
Opera Limited is a multinational technology conglomerate holding company headquartered in Oslo, Norway with additional offices in Europe, China, and Africa, and incorporated under the laws of the Cayman Islands as an exempt company with limited liability. Opera offers a range of products and services that include a variety of PC and mobile web browsers, GameMaker and gaming portals, the Opera News content recommendation products, the Opera Ads platform, and a number of Web3 and e-commerce products and services. The company's total user base is 311 million monthly active users.
NY Waterway, or New York Waterway, is a private transportation company running ferry and bus service in the Port of New York and New Jersey and in the Hudson Valley. The company utilizes public-private partnership with agencies such as the Port Authority of New York and New Jersey, New Jersey Transit, New York City Department of Transportation, and Metropolitan Transportation Authority to provide service and maintain docking facilities.
Audible is an American online audiobook and podcast service that allows users to purchase and stream audiobooks and other forms of spoken word content. This content can be purchased individually or under a subscription model where the user receives "credits" that can be redeemed for content monthly and receive access to a curated on-demand library of content. Audible is the United States' largest audiobook producer and retailer. The service is owned by Audible, a wholly-owned subsidiary of Amazon.com, Inc., headquartered in Newark, New Jersey.
Amazon Prime Video, or simply Prime Video, is an American subscription video on-demand over-the-top streaming and rental service of Amazon offered as a standalone service or as part of Amazon's Prime subscription. The service primarily distributes films and television series produced by Amazon MGM Studios or licensed to Amazon, as Amazon Originals, with the service also hosting content from other providers, content add-ons, live sporting events, and video rental and purchasing services.
The Tennessee Lottery is run by the Tennessee Education Lottery Corporation (TELC), which was created on June 11, 2003, by the Tennessee General Assembly. TELC derives its legal authority from the Tennessee Education Lottery Implementation Law, which the General Assembly passed following a November 2002 Amendment to the state constitution establishing the lottery and approved by 58 percent of the voters.
The New Jersey Lottery is run by the U.S. state of New Jersey. Its In-house draw games are: Pick-3, Pick-4, Jersey Cash 5, Pick-6, Quick Draw, and Cash Pop. Its multi-jurisdictional draw games are: Cash4Life, Mega Millions, and Powerball. The Lottery also sells Fast Play and scratch-off tickets. The New Jersey Lottery is headquartered at One Lawrence Park Complex in Lawrence Township, Mercer County.
Groupon is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 cities in North America and 100 cities in Europe, Asia and South America, and had 35 million registered users. By the end of March 2015, Groupon served more than 500 cities worldwide, nearly 48.1 million active customers and featured more than 425,000 active deals globally in 48 countries.
SeatGeek is a mobile-focused ticket platform that enables users to buy and sell tickets for live sports, concerts, and theater events. SeatGeek allows both mobile app and desktop users to browse events, view interactive color-coded seatmaps, complete purchases, and receive electronic or print tickets. Originally launched as an aggregator of listings on the secondary ticketing market, the company now operates as both a secondary marketplace and primary ticket outlet for sports teams and live event venues.
Block, Inc. is an American public company founded in 2009 by Jack Dorsey and Jim McKelvey. Named Square, Inc. until 2021, it owns various businesses within the financial technology sector. Block’s service network reaches 95 countries, reporting nearly 51 million users and 4 million merchant clients as of 2023.
Circle began as a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013. Circle is headquartered in Boston, Massachusetts. USDC, the second largest stablecoin worldwide, is designed to hold at or near a stable price of $1. The majority of its stablecoin collateral is held in short-term U.S. government securities.
DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Boxing, Tennis, All Elite Wrestling (AEW), and WWE.
TodayTix is a digital ticketing platform for theatrical and cultural events. Founded by two Broadway producers, TodayTix's free mobile apps for iOS and Android provide access to theater shows in New York City, London's West End, Toronto, the San Francisco Bay Area, Los Angeles, Seattle, Philadelphia, Connecticut, Boston, Washington DC, Chicago, Houston, Dallas-Fort Worth, and Melbourne and Sydney in Australia.
Ibotta is a North American mobile technology company founded by CEO Bryan Leach and based in Denver, Colorado. Ibotta partners with CPG brands and network publishers to offer cash back rewards on groceries, online shopping, general merchandise, retail purchases, travel, entertainment, pet supplies, and more. Rewards are offered through its Ibotta Performance Network, consumer properties including mobile app, online at Ibotta.com and via its browser extension. Ibotta also offers cash back and rebates on alcohol that can be purchased at bars, restaurants, and liquor and grocery stores. The company's rewards-as-a-service offering, the Ibotta Performance Network, went live in 2021.
Glovo is a Spain-based, multi-category app founded in 2014 by Oscar Pierre, and launched in 2015 by himself and Sacha Michaud following an initial round of funding. Since then, the company has successfully participated in 7 rounds of funding, raising $1.0B in total.
Bally's Corporation is a gaming, betting, and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 15 casinos across ten states, a horse track in Colorado, and online sports betting operations in 14 states.
Chime Financial, Inc. is a San Francisco–based financial technology company that partners with regional banks to provide certain fee-free mobile banking services. The company offers early access to paychecks, negative account balances without overdraft fees, high-yield savings accounts, peer-to-peer payments, and an interest-free secured credit card. Chime earns the majority of its revenue from the collection of interchange fees on debit card transactions.
Crypto.com is a cryptocurrency exchange company based in Singapore. As of June 2023, the company reportedly had 80 million customers and 4,000 employees. The exchange issues its own exchange token named Cronos (CRO).
ParkMobile is a mobile and web app providing parking payments in North America. Headquartered in Atlanta, Georgia, users can pay for on-street and off-street parking via app on their smartphone, web browser, or through calling a phone number. ParkMobile also offers parking reservations at stadiums or venues for concerts and sporting events, and in metro area garages.