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General Information

Websitejackpotrewards.com
CategoryWeb
Employees
Founded1/08

Offices

[map] Newton, USA
275 Grove Street Suite 3-120
Newton, MA, 02466
USA

People

CEO
VP, Operations and Marketing
VP, Systems and Technology
VP, Finance
VP, Business Development
VP, Corporate Development and General Counsel

Funding

Tags

sweepstakes

JackPot Rewards

Jackpot Rewards is a site that mixes retail discounts, giveaways, and charity. It is a for-profit company that will give 50 percent of its profits to education and children’s health charities.

Users sign up and get up to 10 percent cash back for purchases at 550 retailers, including Apple, Barnes & Noble, Best Buy, Land’s End and Target. The company makes money by driving sales to the retailers and gets a commission for each sale. To participate, users need to subscribe and pay $3 a week. Users are then also entered into weekly Jackpot drawings.

Products

Jackpot Rewards

Websitejackpotrewards.com
StageLive
Launch DateFebruary 1, 2008
JackPot Rewards screenshot
Above: JackPot Sweepstakes (2/08)

Traffic Analytics

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Compete

Jackpotrewards

Comments

Andy - February 24, 2008 at 11:10am
Hey Carmen -- You've got it all wrong. Before you post trash anywhere on the internet the responsible thing would be to do your research ... due diligence! Every sweepstake/lottery or even not-for-profit fundraising events (eg golf hole in one contests) have to have insurance and my research has proven that Jackpot Rewards has this and the ability to pay up. Do you really think Peter Lynch would be involved in a venture that's not on the up and up? Since I don't know who you are I have no idea what your ulterior motives are, but they are clearly nefarious. But it's OK those of us who plan to subscribe to Jackpot Rewards will have better odds because of your absence.
Carmen W. - February 21, 2008 at 6:43pm
It’s a lottery. All this talk about charity is only a coverup for the lottery commisioner attorney general and the lawmakers. The odds of winning is 1:52*52*52*52*52*52 or 1:19,770,609,664 (1:19 billion), they make $$$ from the subscription fees and the when subscribers shop through their site (just like other cashback sites). They only raised $16 mil from the investers how are they going to pay the 100 mil :( - Simple THEY WON"T PAY Enjoy
Lisa - February 20, 2008 at 4:18pm
Awesome opportunity and you don't have to go buy the lottery tickets! I'm in too....
Rona - February 20, 2008 at 3:53pm
Looks like an incredible opportunity to play the odds while doing something charitable as well. I'm in!

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Sources

  1. techcrunch.com [edit]
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Last Edited 5/24/08

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