Jackpocket, a mobile app that allows users to buy lottery tickets electronically, is now operational in Colorado.
“We hope this invites new players to the Lottery and results in increased revenues to support our Lottery proceeds beneficiaries that serve outdoor conservation, outdoor recreation and schools,” said Tom Seaver, director of the Colorado Lottery.
Four other states and the District of Columbia allow Jackpocket. Users of the app have won a collective $6 million in prizes. Awards of less than $600 go into the user’s account on the app, which they can then transfer to a bank account.
The company is a member of the National Council on Problem Gambling and received a “responsible gaming” certification. Recognizing the potential for addiction, Jackpocket has implemented safeguards.
The app allows users to lower their daily spending limits, and prevents users from altering the limits within seven days. It also enables users to lock themselves out of the app, which overrides any automatic play settings.
There are approximately 3,200 retailers that sell lottery tickets in Colorado. In fiscal year 2018, the lottery generated $612 million in tickets sold. Jackpocket charges an approximately 7% fee on user deposits, and buys the ticket on their behalf.