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Texans can play lottery from their phone on new platform backed by Cowboys, other teams
Jackpot.com, a website and app, launched in Texas on Monday with $42 million in funding from major sports teams including the Dallas Cowboys, Houston Rockets and San Antonio Spurs.
Texans can now buy lottery tickets with a few taps of a button on their phone.
Jackpot.com, a website and app, launched in Texas on Monday with $42 million in funding from major sports teams including the Dallas Cowboys, Houston Rockets and San Antonio Spurs. The announcement came a day before the Mega Millions drawing for a $1.1 billion jackpot, the third-largest prize in game history.
The platform allows customers to buy official state lottery tickets online for games like Mega Millions, Powerball, Lotto Texas with Extra, and Texas Two Step. Although the app is backed by sports teams, customers won’t be able to do any sports betting on Jackpot.com since it’s illegal in Texas.
Jackpot.com verifies a person’s eligibility to play using their ID and location verification. It also notifies players when drawings take place and delivers the winnings.
Although the company doesn’t charge any fees on ticket purchases or winnings, it collects a 15% convenience fee on funds deposited, according to its website.
A company release said the platform launched with a certification from the National Council on Problem Gambling because of its investments in responsible gaming safeguards, like default limits to daily deposits, self-suspension, and notifications offering help if risky behavior is detected.
“Jackpot.com’s innovative way to play sets a new standard for responsible gaming, leveraging modern conveniences and safety features unique to digital platforms,” the release says, adding that it can “proactively identify problematic gambling and (make) it easy to set limits and find help.”
The Texas Lottery is the third largest in the nation, generating more than $8 billion in sales during the 2022 fiscal year, according to the state’s Lottery Commission.
“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,” Jackpot.com CEO and co-founder Akshay K. Khanna said in the release. “Texans embrace innovation, and we know people across the Lone Star State will embrace Jackpot.com’s modern way to play.”
