Jackpocket Lottery App Downloads Soar as Mega Millions Jackpot Swells

Posted on: July 28, 2022, 04:46h. 

Last updated on: July 28, 2022, 05:05h.

Todd Shriber @etfgodfather Read More
Expertise: Financial, Gaming Business, Mergers and Acquisitions.

Newton’s third law states that for every action, there is an equal and opposite reaction. That’s being confirmed by the soaring Mega Million’s jackpot and its impact on Jackpocket, the purveyor of an internet lottery mobile application.

Jackpocket
A bettor shows a Mega Millions ticket. The swelling pot is a boon for app company Jackpocket. (Image: Getty Images)

Friday night’s Mega Millions draw is forecast to be above $1.1 billion, well ahead of prior estimates of $1.025 billion. As such, aspiring winners are flocking to Jackpocket, downloading the app in droves.

With Mega Millions over $1 BILLION,  Jackpocket is officially ranked #1 for Entertainment on the App Store. Even ahead of TikTok,” according to the privately held company.

Jackpocket, which has offices in New York and Santa Barbara, Calif., adds that as of July 27, it’s the third most downloaded app overall in the App Store. Jackpocket debuted on Apple’s App Store last fall and launched on on Android smart devices through the Google Play store earlier this year.

Mega Millions Puts Spotlight on Jackpocket

This isn’t the first time a swelling Mega Millions pot shined a light on Jackpocket. The company garnered attention in January when it debuted in New Jersey when Mega Millions approached $350 million. Jackpocket operates in that state through an agreement with Caesars Entertainment, which runs three Atlantic City casinos.

Indeed, there’s no denying the linear relationship between big lottery sweepstakes and increased purchases of tickets. That symmetry extends to Jackpocket, underscoring the relevance and convenience of the company’s offerings.

The company is at the right place at the right time. Should a winner or winners emerge from the Friday Mega Millions draw, it’d be the lottery’s second-largest prize on record, trailing only a $1.537 billion win in South Carolina in 2018.

As is the case with other forms of wagering, including iGaming and sports betting, Jackpocket is only available in select states. Those are Arkansas, Colorado, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, and Washington, DC, according to the company. So gamblers in no lottery states such as Hawaii, Nevada and Utah are out of luck.

Jackpocket Has Winners

Avid lottery players can be a superstitious bunch, frequently playing the same numbers or consistently buying tickets at the same locations.

For those that believe in such indicators, Jackpocket has some compelling data points. It’s minted 18 millionaires, including two in New York just last weekend. One of those bettors correctly picked five numbers in Mega Millions, which was enough to win a cool $3 million. The other won a $1 million NY Cash4Life prize.

Jacpocket has been good to New Yorkers, as those winners are the app’s fifth and sixth new millionaires from the fourth-largest state.