Jackpocket is now the official lottery sponsor for Audacy’s New York stations
Posted: March 27, 2022, 6:24 a.m.
Last update on: March 27, 2022, 06:24h.
Jackpocket, a third-party app that lets people buy lottery tickets online, announced this week that it has reached an agreement with Audacy to become the radio content company’s “official mobile lottery app” and streaming audio from its New York market.
In a statement Thursday, Jackpocket said the agreement allows Jackpocket to provide lottery recaps on Audacy’s New York stations. There is also a provision for enhanced content opportunities when the Powerball or Mega Millions jackpots reach $300 million.
Audacy has a captivated audience of over seven million monthly listeners ages 18 and older in the New York City area, and we look forward to sharing the option to play the lottery easily, conveniently, and securely,” Jackpocket founder and CEO Peter Sullivan said in the statement. “This partnership with Audacy New York will continue our mission to make the lottery more accessible to everyone.”
Stations owned by Audacy in the New York market include 1010 WINS, WFAN, and WCBS.
“This collaboration will use all of our brands, from news to sports and music, to provide Jackpocket with multiple platforms to engage and inform consumers,” said Chris Oliviero, senior vice president and head of market for Audacy New York. in a press release.
Millions Won by Jackpocket Users
Besides New York, lottery players from the following states can also get their tickets via Jackpocket: Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, Ohio, Oregon, Texas and Washington, DC.
It is not quite the same as buying tickets online where iLottery is legal. Jackpocket users place orders for a ticket and then the company fulfills the order at an authorized lottery retailer. The buyer gets a high-resolution image of both sides of the ticket, which Jackpocket then stores in a fireproof safe.
If the ticket is a winner and below a certain threshold – $600 in New York – Jackpocket directs the winnings directly to the user’s account. For larger wins, Jackpocket will deliver the physical ticket to the buyer.
Jackpocket users have won over $100 million in lottery prizes, according to the company. This includes eight people who have won prizes of at least $1 million. The company does not take any share of the winnings. Instead, it charges a fee at the time of ordering.
Earlier this month, a New Jersey man won over $820,000 playing the New Jersey Lottery’s Jersey Cash 5 game. The man, according to a Jackpocket statement, played a quick pick while attending a co-worker’s retirement party on March 18. He received an email from Jackpocket informing him of his big win as he was leaving for home.
Venmo now an option
Also earlier this month, Jackpocket announced that its app would begin accepting payments from gamers’ Venmo accounts.
The company said connecting with Venmo gives lottery players a “seamless” way to get their tickets as quickly and easily as possible. This would add convenience to what was traditionally a cash-only game. Over 83 million Americans use Venmo to make payments online.
Jackpocket said players who use their app have access to responsible gaming protections. This includes the ability to set daily deposit and wagering limits as well as joining self-exclusion lists. Its app also provides contact information for national problem gambling resources and state-specific programs in Colorado, New Jersey, and New York.
Last November, Jackpocket announced it had raised $120 million in Series D funding. This included investments from the likes of Mark Cuban, Whitney Cummings, Kevin Hart and Manny Machado.