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This question is about Jackpocket.
How does Jackpocket make money?
Jackpocket makes money by collecting revenue from service fees and commissions. Here is a closer look at the two ways Jackpocket makes money:
Service fees
Jackpocket makes money through service fees by charging a fee of around 7% to 10% for the company's courier service. This refers to the buying and storing of Jackpocket lottery tickets.
Commissions
Traditionally, state-funded lottery systems pay a commission to the retail partners that sell their lottery tickets. However, Jackpocket makes commissions off these same relationships by splitting them with the retail partners it works with.
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