Texas: Jackpot.com gains $42m in funding, online ticket platform goes live
The company has partnered with several pro sports teams in connection with the launch.
Online lottery ticket platform Jackpot.com has launched in Texas, in partnership with several professional sports franchises. The site is available in the Lone Star State, partially due to $42m in donations from several teams, including the Dallas Cowboys, Houston Rockets and San Antonio Spurs.
Lottery players in Texas can now purchase Powerball, Mega Millions, Lotto Texas and Texas Two Step tickets through the domain, as well as use their Jackpot accounts to view scan copies of their tickets.
Company CEO and Co-founder Akshay K. Khanna said: “More than half of Americans buy lottery tickets each year, but only a fraction are bought online – including in Texas, the country’s third-largest lottery market. During my time at StubHub, I saw first-hand how impactful digitization can be to expanding access and growing an industry.”
Khanna went on to add that the company continues to focus on responsible gambling: “With Jackpot.com, we’re modernizing America’s favorite game by enhancing the player experience, expanding accessibility, and offering safety guardrails that set a new standard for responsible gaming – all while ensuring players never miss a draw or misplace their ticket again.
“Texans embrace innovation, and we know people across the Lone Star State will embrace Jackpot.com’s modern way to play.”
Dallas Cowboys Executive Vice President Chad Estis commended Jackpot.com on its efforts to provide an online space that encourages responsible gaming.
He commented: “Texans love to play and love to win, which is why the Dallas Cowboys are excited to partner with Jackpot.com to bring our fans a new way to buy lottery tickets conveniently, safely, and responsibly.”
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