Jackpot.com is owned and operated by British company Lottomatrix Ltd and was launched in 2016 to tap into the growing popularity of online lottery betting. Despite being a young player in the market, Jackpot.com is already making its mark and offers a nice, easy-to-use website and mobile app with a growing number of lottery games.
Jackpot.com enables its users to either bet individually on the outcome of different lotteries or join an online syndicate. Online lottery sites such as Jackpot.com give players the chance to take part in the world’s biggest lottery games without having to buy a ticket.
And what’s great about Jackpot.com is that both the odds of winning and the prize money are exactly the same as if you were playing directly, so you have the same chances of success.
To join a syndicate, simply select the lottery game you would like to play from the list and then choose how many shares you want. The website will display how many shares are available and at what price. Naturally, the more shares you buy, the bigger slice of any winnings you’ll receive.
According to statistics, one in five of the top prizes in the UK National Lottery games is won by a syndicate, and with Jackpot.com you don’t need to find a group of people to join in. Jackpot.com organises syndicates for different UK-based lottery games.
Some of these will play random numbers, some will guarantee to match at least one main number, while others will guarantee to match any bonus numbers. The tickets are purchased by the company’s agents and players are contacted if they have won anything.
Lottery betting works in much the same way as it does if you are buying a ticket. You choose the game you want to bet on and then pick your numbers, and if you match enough numbers you’ll receive the same prize money as you would if you bought an official ticket.
When Jackpot.com first launched in 2016 it only offered a handful of lottery games but it has since expanded its selection and there are now 11 to pick from. This is lower than some of its competitors but given that it’s a relatively new company, it’s reasonable to presume that the number might increase in the future.
The four main UK-based lottery games – namely Euromillions, Lotto, Thunderball and Health Lottery – are available, along with international games like MegaMillions, SuperEnalotto and Irish Lotto.
With the four UK games, players take part by joining a syndicate, whereas with the seven non-UK games, you are betting on the results of the draw. This distinction is due to legislation, so which game you play will depend partly on whether you want to bet or join a syndicate.
There are no permanent promotions such as welcome bonuses or free bets – after all, the company needs to make money somehow! However, Jackpot.com does run ad-hoc promotions and offers as well as seasonal competitions on social media, so it is worth following them on Facebook and Twitter to hear about their latest promotions.
Winners will be notified by email and prizes will be deposited into their account “at the earliest possible time”. If you're part of a syndicate, it may take a little longer than if you are betting individually as the site needs to calculate your share of the winnings.
Jackpot.com does not take any commission from your winnings so what you win is what you get, but players should check whether their winnings are taxable depending on where they live. As well as Visa and MasterCard, Jackpot.com accepts deposits and withdrawals from a huge range of e-wallet services such as Skrill, NETELLER, DineroMail and WebMoney.
Deposits are instant but withdrawals can take up to three days depending on which method you use. The minimum amount for withdrawals is only £1/€1 while withdrawals over £1,000/€1,000 must be arranged with the company’s customer support team. Jackpot.com doesn’t currently accept bank transfers but it is planning to add this banking method in the near future.
Prices vary depending on the lottery game that you’re entering. For example, one line in the MegaMillions draw is £3/€3 but an entry for the German Lotto, which has a far lower jackpot, is only £1/€1. Syndicate share prices are displayed on the Games page of the website.
TheLotter, in comparison, charges less for the MegaMillions but more for the German Lotto, but there’s a minimum number of lines that you have to play, which there isn’t at Jackpot.com.
And unlike some other online lottery sites, Jackpot.com does not charge any commission or fees, so it’s very appealing to those who just want to put a quid or two on one line without pressure to do more.