How does Jackpocket generate its revenue?

Serena Hobbs August 18, 2023
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By Cullen Hamilton June 27, 2024

Jackpocket generates its revenue primarily through a commission-based model. The company acts as a third-party app that allows users to purchase lottery tickets digitally. For each ticket sold through the app, Jackpocket takes a percentage of the sale as its commission. Additionally, the company may earn revenue from partnerships with state lotteries and through promotional activities. To summarize, Jackpocket's revenue generation strategy revolves around a commission model linked to digital lottery ticket sales. The app facilitates the purchase of lottery tickets, and in return, it retains a portion of the sales as commission. Furthermore, Jackpocket may also benefit financially from collaborations with state lotteries and various promotional initiatives.

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How does Jackpocket generate its revenue?
How does Jackpocket generate its revenue?