Here’s exactly what happens if you win a lottery prize using Jackpocket.
Small Prizes
If the prize for your winning ticket is at or below the threshold amount in your state (see list below), we will automatically credit your Jackpocket account for the full amount. From there, if you wish to withdraw your winnings, you can make a Payout request and we will transfer the funds to your bank account. You can also use your credits to order additional lottery tickets.
Large Prizes
If the prize for your winning ticket is above the threshold amount in your state, we will transfer the physical ticket to you in a secure fashion so that you may claim your prize from the state lottery. The means by which the physical ticket is transferred may vary based on location, value of the ticket, and requests of the customer and will be discussed with the customer ahead of time.
State Thresholds*
Arkansas: $500
Colorado: $599
Minnesota: $599
New Hampshire: $599
New Jersey: $599.50
New York: $600
Ohio: $599
Oregon: $600
Texas: $599
Washington D.C: $600
*These amounts are subject to change by the state lottery commissions