Mobile Lottery Ticket App JackPocket Now Accepts Bitcoin
Lottery ticket app Jackpocket has announced a new payment method for users to purchase Powerball tickets with their smartphones, with bitcoin. Jackpocket made the announcement yesterday in the lead-up to its record-setting $1.5 billion Powerball jackpot. The jackpot is a full $600 million more than the previous record holder from March 2012 when ‘Mega Millions’ was drawn for a prize of $656 million. Jackpocket was launched in 2015 and is lottery ticket purchasing app for several lotteries offered in the state of New York. Stating that the goal is to “create a more efficient lottery....
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The New York-based mobile lottery ticket purchasing platform, Jackpocket, has partnered with BitPay to allow users to purchase lottery tickets with Bitcoin for six New York lotteries, the first time this sort of partnership has been seen. Bitcoin for lottery tickets. In a press release by Jackpocket, a company offering the ability to buy New York lottery tickets via your mobile, it was revealed that it had partnered with the Atlanta-based global bitcoin payment service provider, BitPay, to allow users to purchase lottery tickets with Bitcoin for the first time. “We’re pleased to announce....
Mobile lottery ticket app JackPocket has officially integrated bitcoin payments into its offering, a move that allows users to buy Powerball tickets, both for tonight’s $1.5bn jackpot and future prizes, with bitcoin. The announcement comes as the Powerball jackpot climbed to a record $1.5bn today, creating what would be the largest lottery prize ever distributed in the US. Launched in 2015, JackPocket offers a mobile app that allows New York residents to play lotteries including Powerball, Mega Millions and three New York state lotteries. In a Medium post, CEO Peter Sullivan framed the....
No matter how you want to look at things, the everyday consumer seems to be keen on wasting a fair bit of money month over month. Or to be more precise, state-run gambling options, such as a national lottery, are gaining in popularity. People are so eager to win that “huge lump of cash” at some point in their life. But what makes the national lottery more appealing than buying Bitcoin? Whenever the topic of participating in the national lottery comes around, discussions start to get heated rather quickly. Granted, a lottery ticket is a legal way to gamble for most everyday consumers,....
The state-sponsored lottery is often referred to as a “tax on the poor” or an “idiot tax,” depending on who you ask. The lotto can be seen as one of the few ways to move up on the socioeconomic ladder for the poor. Meanwhile, cryptocurrency such as Bitcoin are leveling the playing field by offering not just much better odds at becoming richer, but also....
KIBO, the first ever blockchain and Ethereum smart-contract based lottery, is announcing the launch of an ICO to raise funding for the completion and launch of its platform, which it calls a “revolution in online lotto.” KIBO: Lottery on the Blockchain. Recognizing the fact that lotteries are the most popular form of gambling in the developed world, with over 50 percent of people in industrialized nations playing a lottery regularly, KIBO wanted to improve the gaming genre with blockchain technology. The main goal of this new lottery platform is to use the blockchain to bring transparency....