Jackpocket is a technology company.
Jackpocket has raised $193.0M across 5 funding rounds.
Jackpocket has raised $193.0M in total across 5 funding rounds.
Jackpocket has raised $193.0M in total across 5 funding rounds.
Jackpocket's investors include 1984 Ventures, 7GC & Co, Battery Ventures, Bombas, Bow Capital, Conductive Ventures, Craft Ventures, Divergent Capital, Jenny Fielding, Scott Hartley, Infinite Niches, Innovation Endeavors.
Jackpocket is a New York City-based technology company that operates the first licensed third-party lottery courier app in the U.S., enabling users to securely order official state lottery tickets like Powerball and Mega Millions directly from their smartphones.[1][2][3][4] It serves lottery enthusiasts seeking convenience, offering features such as ticket scanning, result checking, prize claiming, scratchers, and automated ordering, while partnering with state lotteries to boost revenue for public programs like education and veterans' services.[1][2][4] The app solves the inconvenience of physical ticket purchases by modernizing the process with technology, attracting younger, tech-savvy players and driving growth—users have won over $500 million in prizes, with the company fulfilling over $1 billion in ticket orders.[4][5]
Jackpocket was founded in 2013 by Peter Sullivan, Leo Shemesh, Eric Parker, and Matt Silber, with Sullivan—a tech freelancer—spotting the lottery system's outdated nature and envisioning smartphone-based purchases.[3] The idea emerged from recognizing the need to simplify ticket buying "as easy as sending a text," targeting traditional players and a younger demographic amid rising mobile adoption.[1][3] Launched in New York leveraging a large jackpot, it gained early traction through media like the New York Post and Good Morning America; the COVID-19 pandemic further accelerated demand for remote access, fueling expansion.[3][5]
Jackpocket rides the wave of mobile-first consumer apps digitizing legacy industries, particularly gaming and gambling, by bridging traditional lotteries with smartphone convenience amid rising digital entertainment demand.[1][3][4] Timing aligns with post-COVID remote habits, state budget needs for lottery funds, and tech-savvy demographics avoiding physical retailers, expanding access in states like New York, New Jersey, Arizona, Massachusetts, Nebraska, and Puerto Rico.[2][5] It influences the ecosystem by boosting lottery participation and revenue for public good, while venturing into raffles, sweepstakes, and social casino games, potentially reshaping iGaming distribution.[3][5]
Jackpocket's momentum—marked by a $210 million Series D in 2021, new state launches, desktop products, sports partnerships like the Boston Red Sox, and entertainment expansions—positions it for scaled growth in digital lottery and gaming.[3][5] Upcoming trends like broader U.S. legalization, AI-enhanced personalization, and integrated casino features will likely amplify its reach, with further state entries and charitable tie-ins enhancing responsible play. As mobile gaming evolves, Jackpocket could redefine lottery accessibility, sustaining its lead as America's #1 app while fueling state programs and user wins.[2][4] This tech disruptor turns everyday chance into fingertip fun, proving convenience wins jackpots.
Jackpocket has raised $193.0M across 5 funding rounds. Most recently, it raised $120.0M Series D in November 2021.