top of page

DraftKings to Buy Jackpocket for $750 Million

Feb 15, 2024

DraftKings (DKNG) plans to acquire lottery app Jackpocket for about $750 million in cash and stock in a deal that will allow the sports-betting giant to expand into lottery games.

The company said it would pay about 55% of the consideration in cash from its balance sheet. The remainder will be payable in common stock.

bottom of page