YEC member company AutoLotto launched its mobile Powerball app. The platform allows users to purchase, play and redeem Powerball tickets from their phone. Users can claim their first ticket for free.
The startup, which taps into a $70 billion industry, is a graduate of the 500 Startups accelerator and was co-founded by Matt Clemenson and Tony DiMatteo. Member Travis Steffen serves as the head of growth at AutoLotto.
In order to make sure it complies with state lottery laws, AutoLotto operates physical offices in every state where its users buy tickets. There, the company keeps a record of relevant data on tickets so it can notify users immediately if they’ve won. As well, all tickets are insured to pay winners regardless of any unforeseeable circumstances.
The company recently launched in New Hampshire, the birthplace of the modern-day lottery.
"We made the choice to initially launch in New Hampshire as we perfect the user experience and prepare to duplicate the model across the country," said Steffen. "We're putting down roots there and doing some really cool partnerships with Roush Fenway and NASCAR to elevate AutoLotto's presence. We're stoked on providing people with a digital experience that makes it fun and easy to play the lottery."
You can read more about the launch of AutoLotto's mobile app on TechCrunch or download it here. If you are a YEC member and have exciting news to share, such as a product launch, notable hire, company expansion or more, let us know here.