(San Francisco, CA - January 29, 2026) - Jackpot.com, the rapidly expanding online lottery courier service, has announced a $10M credit financing arrangement with House Advantage Fund ("HAF") to support its nationwide expansion strategy and strengthen its position as a leader in the digital lottery marketplace.

 

The revolving credit facility is provided by HAF, the specialized user acquisition financing strategy offered by Discerning Capital, a Las Vegas-based growth capital investment firm focused on the gaming and regulated wagering sectors, and PvX Capital, a Singapore-based financial services firm specializing in user acquisition financing for consumer applications.

 

With access to dedicated user acquisition capital, Jackpot.com plans to accelerate growth in existing markets and continue expanding into new states.

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Akshay Khanna, CEO and Co-Founder of Jackpot.com, said: “We were impressed by HAF’s flexibility and willingness to collaborate with us to design a financing solution tailored to our needs. Real-time insights from PvX’s custom-built platform, combined with Discerning’s ability to structure a flexible solution that supports our acquisition strategy were critical factors in our decision. We look forward to partnering and growing with them as we continue to rapidly scale the business.”

Commenting on the transaction, David Williams, Partner at Discerning Capital, added: "The lottery sector represents a massive, yet under-digitized market within gaming, and companies like Jackpot.com are leading the charge in bringing this century-old industry into the mobile age. Traditional financing approaches often fall short for businesses navigating complex regulatory landscapes while pursuing aggressive growth. Jackpot.com was the perfect partner for us as we understand their business, its peaks around billion-dollar jackpots, and we have continued to be impressed by their team."

In 2022, Jackpot.com announced a $35M Series A funding round, which was later extended to $42M, attracting investments from prominent names across sports, entertainment, and venture capital. Investors include Accomplice, Courtside Ventures, the Kraft Group, Michael Rubin, Haslam Sports Group, Arctos Sports Partners, Sharp Alpha Advisors, NBA stars James Harden and Joel Embiid, NHL legend Martin Brodeur, and DraftKings co-founder Jason Robins, among others.

About Jackpot.com
Jackpot.com allows customers to order official state lottery tickets from their mobile phone, tablet, or computer. Currently available in New York, New Jersey, Ohio, Massachusetts, Arizona, Colorado, and Arkansas, Jackpot.com is expanding its safe and secure lottery courier service to additional markets across the U.S. In addition, customers in Ohio, Massachusetts, Colorado, and Arizona can order their favorite scratch offs on Jackpot.com, with plans to expand that offering into additional states as well. Jackpot.com has invested significantly in responsible gaming safeguards, with default spending limits and other features built in throughout the experience, earning its iCap certification from the National Council on Problem Gaming. To learn more, visit www.jackpot.com or download the iOS or Android app.

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About House Advantage Fund
Launched in 2025, House Advantage Fund is the leading user acquisition financing strategy for the wagering industry. It is a partnership between Discerning Capital, a growth investment firm focused on the gaming, sports, and media sectors, and PvX Capital, a Singapore-based financial services platform specializing in user acquisition financing and market intelligence for consumer apps.
https://www.discerningcap.com/private-credit
https://pvxpartners.com/