Jackpot.com

Jackpot. com is a Malta-based online lottery platform that enables users to participate in various lottery games, enhancing the gaming experience through a user-friendly digital interface. Founded in 2016, Jackpot. com operates a digital platform that allows users to engage in lottery games including traditional draws and instant win options.

The company is headquartered in Birkirkara, Malta. The founding team includes Akshay Khanna, Roi More, and Yariv Ron, with Khanna serving as the current CEO. Jackpot. com has successfully completed 2 funding rounds, with the latest being a Series A round on January 9, 2023, in which it raised USD 7.

000 mn from investors such as Aurum Partners, Bettor Capital, Dallas Cowboys, Detroit Venture Partners, and New York Yankees. This latest round contributed to a total amount raised of USD 7. 000 mn. Jackpot.

com offers a variety of lottery-related services designed to improve the online gaming experience. Its main product is a digital platform enabling users to purchase tickets for multiple lottery games with ease, featuring a user-friendly interface for ticket purchases and result tracking. The platform caters to gamers in North America and Europe, providing detailed analytics to assist users in understanding their odds and making informed choices regarding their lottery participation. In the most recent year, 2023, Jackpot.

com reported a revenue of USD 7,292,184. 40. The company operates on a B2C model, where users buy lottery tickets directly through their platform using standard credit card or digital payment methods, resulting in immediate ticket issuance. Revenue is generated from both single ticket purchases and bundled ticket options, alongside strategic partnerships with lottery organizations that enhance service offerings.

In January 2023, Jackpot. com raised USD 7. 000 mn in Series A funding, part of a larger USD 42. 000 mn round aimed at expanding their product offerings and market reach.

The company plans to launch new lottery games and enhance its platform, targeting expansion into additional markets in North America and Europe by late 2023. The recent funding will be utilized to support these initiatives, facilitating investment in technology upgrades and marketing efforts to attract a broader customer base.