Jackpot Exposed — If You’re Looking for Betting on Lotteries, It Might be the Place to Go
Jackpot Review
We all have been part of the ole argument on whether you prefer betting on lotteries or purchasing lottery tickets. There are pros and cons both ways, though I lean towards betting on the US lotteries in particular. The team took a look at a new site called Jackpot.com today. It’s an online betting site for international lotteries and syndicates.
Find out why some people choose 24Lottos over Jackpot
Games at Jackpot.com
Currently, Jackpot.com has nineteen lotteries that they offer for players to bet on. Players can bet on one ticket line or more. Winnings are the face value of the published lotteries. There are also quick pick, subscription, and multi-draw options as well. They just recently launched the world’s first subscription option of its kind on several popular lotteries such as the Irish Lotto, US Powerball, Mega Millions, EuroMillions, and EuroMillions SuperDraw. The subscription is just €9.99 monthly or €99.99 yearly. In addition to the lotteries offered, Jackpot.com has a wide variety of scratchcards, keno games, and slot games as well to give you a chance to win big immediately. Another highlight is the promotions section on the site – there are new promos offered weekly that allow you to get more for less.
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Syndicates at Jackpot.com
Jackpot.com offers two syndicates for Thunderball with 10 lines/10 shares. And for the UK Lotto with 20 lines/30 shares.
Taxes on Winnings
Taxes and other fees are determined by the lottery bet as well as on your location. The US tax on all lottery winnings totals 39.6%. This means that if you win on the Mega Millions or US Powerball, there will be a 39.6 % deduction on your winnings when Jackpot.com pays you out. They say this puts “the Player in a similar economic position as if they had played the Underlying lottery.”
Your first payment will occur “as soon as possible after the draw.” Fees will be deducted at this time based on the lottery chosen, and taxes vary based on your location. It is best to look into individual tax obligations on your own.
Prize Structure
Reading through the prize categories takes a great deal of patience. There is a whole bunch of what she/he gets, depending on whether there are one or more winners at Jackpot.com and the actual lottery. They also divide it up into three categories – A, B & C – with different rules.
Who Can Play at Jackpot?
Almost everyone can pick numbers on Jackpot.com. Since Jackpot.com is licensed by the UK Gambling Commission, they do follow the local rules. This means you have to be 18 years or older and prove your age to place a bet. Of course, for customers’ peace of mind, people who work for the company are not allowed to play on this site either. Jackpot.com only sells in countries that approved its sales, so a few countries cannot bet on the site. Some of them are the USA (and its territories) and Israel, the complete list of restricted countries you can find on Jackpot.com. This is based on each country’s regulations and policies.
Customer Service at Jackpot
Jackpot.com is owned by a UK Company called Lottomatrix Limited, registered with the UK Gambling Commission. They offer live chat available at 6:00 am and 10:00 pm GMT. It’s good, and they do know their stuff. There is also an online form, email address, Whatsapp, Facebook messenger, and UK phone number. Oh – and a snail mail address and all the registration details for the UK Gambling Commission.
Why You Should Register with Jackpot
Pros:
Excellent Customer Support: Live Chat, Whatsapp, Facebook Messenger
Many Side Games (Slots, Keno, Scratchcards)
New Promotions Every Week
Why You Shouldn’t Register with Jackpot
Cons:
The Site Is Available in 7 Languages Only
Is Jackpot Legit?
Jackpot.com offers the most prominent lotteries worldwide, great scratchcards and slot games, as well as incredible weekly promotions. This site doesn’t get a thumbs down or a thumbs up. Submit your reviews below and help us evaluate this lottery service.
Silvia
I was forwarded to their site accidentally, thinking that I opened an account with national lottery. The minimum deposit I could make was 50 pounds, so this is what I did. Bought several tickets. Today I wanted to check and I have no balance and no tickets bought to show. I am calling my bank to report the fraud if the problem is not resolved immediately.
Lina
Got my winning, withdraw instant. They cut some charges when you withdraw your winning. I contact them in their contact support, they said “they are a licensed company, so the charge cut by TAX system” the helpless on that.
paulosky
I used the site once, I recommend it, a good site and I love their customer support.
freda haggis
I was not aware I was putting my lottery on with jackpot.com I was redirected to their site fuming deposited £5 and when I realized i had been redirected tried to withdraw my money they have asked me for my passport and identity over the internet via e-mail.
That’s kinda standard. If you deposit money with any regulated company and try to withdraw without playing you will trigger AML regulations, or at least you should with any company worth their salt.