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Jackpot

Disrupts the lottery industry, allowing customers to participate in global jackpots that are backed by an Insurance Linked Security structure



Overview

Jackpot.com provides the customers an opportunity to enter lotteries that they normally wouldn’t be able to enter without visiting the country directly and purchasing a ticket. That all changes here where they can enter lotteries from all over the world without having to leave their home. 

MARKET OPPORTUNITY

Lottery is a $300B marketglobally (7.6% growth), while offline market dominates (95% share). 

Sales of state lotteries inUS reached $73.9B in 2015 (4% CAGR for last 6 years). European lotterymarket is $116B and Chinese is $55B and Russian $300M. 57% ofAmericans reported buying tickets in the last 12 months. 70% of population playlotteries in France, 40% in Finland, 29% in China and only 6% in Russia. Thereare 1-3 lotteries in each developed country, 2 all-European lotteries and 50state US lotteries. 

The main barrier is limitedaccess to global lotteries (due to regulation and offline sales). 

SOLUTION/PRODUCT

  • Users bet on lottery results for over 25 globallotteries.
  • Licensed byMalta Gaming Authority (MGA), UK Gambling Commission and the Republic ofIreland National Excise License Office.
  • Winnings are paid by issuing an ILS (InsuranceLinked Security).
  • Available anytime, anywhere on mobile and PC
  • Online lottery betting is not the same asbuying a physical lotto ticket. Instead, the customer places a bet on theoutcome of an official lottery, and this bet is managed by Jackpot.com. Anymoney that the customer wins is paid out by Jackpot.com directly.
  • 7 languages.