Akshay K. Khanna
Jackpot.com Launches in Ohio
The online lottery ticket platform Jackpot.com has launched in Ohio, its second US state after it launched in Texas in January. The company’s investors include the Haslam Sports Group, which owns the Cleveland Browns and the Columbus Crew, and Detroit Venture Partners, the venture arm of Cleveland Cavaliers owner Dan Gilbert’s family office. Jackpot.com is also launching with a marketing partnership with one of the country’s premier professional sports franchises, the Cleveland Guardians.
Jackpot.com brings the official Ohio Lottery right to the customer’s phone or computer, making it easier than ever to cash in on a life-changing ticket. With Jackpot.com, Buckeyes can instantly play Powerball/Power Play, Mega Millions with Megaplier, Lucky for Life, and Rolling Cash 5. Jackpot.com notifies users when drawings take place, and delivers their winnings instantaneously, so players never miss an opportunity to hit the jackpot.
“We’re thrilled to announce Jackpot’s launch in Ohio, the nation’s seventh-largest lottery market. This is a digital transformation in the lottery fueled by convenience, security, and safety, and we’re excited to help get Ohioans there. At Jackpot, we are simplifying the player experience and increasing accessibility by making it more convenient and secure for players to buy lottery tickets. We’re also offering safety guardrails that set a new standard for responsible gaming – all while ensuring players never miss a draw or misplace a ticket again,” said Jackpot.com CEO and co-founder Akshay K. Khanna.
The Ohio Lottery market generated more than $5.5 billion in record-breaking sales in the 2022 fiscal year, according to the Ohio Lottery Commission. Since 1974, the Ohio Lottery has contributed over $27 billion to support public education in Ohio. In FY 2022, the Ohio Lottery secured $1.4 billion for the Lottery Profits Education Fund, an increase of $46.3 million compared to fiscal year 2021.
“Jackpot.com is providing a unique and modern solution to make the lottery more convenient and accessible to citizens all across Ohio. The Guardians are proud to be announcing this partnership with Jackpot and are excited to see the positive change this brings, not only to our fans but Ohioans everywhere,” said Jon Janoviak of the Cleveland Guardians.
“We believe that Jackpot has one of the most innovative and practical solutions on the market to make the lottery more accessible to millions of Ohioans. We are excited to be part of Jackpot’s journey in Ohio to modernize the way the lottery is played,” said Josh Glessing, Chief of Strategy and Corporate Development for the Haslam Sports Group.
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