Jackpot.com secures new funding and launches in Texas

Finance News

Jackpot.com, the online lottery ticket platform, launched today in Texas with $42M in funding from some of the country’s top professional sports franchises and marketing partnerships with the Dallas Cowboys, Houston Rockets, and San Antonio Spurs.

Jackpot.com brings the official Texas state lottery (and your winnings) right to your phone or computer, making it easier than ever to cash in on a life-changing ticket. Texans can instantly play the Powerball, Mega Millions, Lotto Texas, and Texas Two Step, then view scanned copies of their purchased tickets in their account. Jackpot.com ensures eligibility through ID and location-verification, notifies you when drawings take place, and delivers your winnings directly to your account, so you never miss an opportunity to hit the jackpot.

Jackpot.com’s Texas launch includes exclusive marketing partnerships with the Dallas Cowboys, Houston Rockets, and San Antonio Spurs. These multi-year partnerships mean Jackpot.com’s logo will appear throughout some of the most beloved venues in Texas – Dallas’s AT&T Stadium, Houston’s Toyota Center, and San Antonio’s AT&T Center – just as football season reaches its peak and the NBA heats up. As part of the partnership agreements, Jackpot.com will be offering promotions geared toward these fanbases, and cross-promoting the Jackpot.com app on radio, internet, and billboards.

Following their $35 million Series A funding round in June 2022, Jackpot.com is now announcing an additional $7M in funding from some of the biggest names in sports and online gaming, including the Dallas Cowboys, New York Yankees, Aurum Partners (owners of the San Francisco 49ers), the Tisch family (co-owners of the New York Giants), Detroit Venture Partners (run by Cleveland Cavaliers owner Dan Gilbert), and BettorCapital. These industry leaders know how to build communities, engage a fan base, and grow a brand better than anyone – and they’ll help ensure Jackpot.com’s launch is a success.

Jackpot.com’s innovative way to play sets a new standard for responsible gaming, leveraging modern conveniences and safety features unique to digital platforms. Jackpot.com empowers players to play responsibly and avoid unhealthy habits by using technology to proactively identify problematic gambling and making it easy to set limits and find help. Jackpot.com has invested significantly in responsible gaming safeguards, including default limits to daily deposits, self-suspension, self-exclusion, local and national responsible gambling resources, and automated notifications offering help if risky behavior is detected. As a result of these investments, Jackpot.com is launching with a certification from the National Council on Problem Gambling.