Internet lottery game provider Jackpot today announced the closure of the $ 35 million Series A funding round, which includes some big-name players, team owners and gaming executives.

The company said it plans to launch jackpot operations in the US in selected states this year

Those states are expected to be New Jersey, New York, Ohio, Oregon, and Texas.

Rubin is the founder of Fanatics, while  Embiid, and Harden Play for the Philadelphia 76ers.

Earlier today, Rubin revealed that he was selling his 10% interest in the company that owns the 76ers and the NHL's New Jersey Devils, for which Brodeur starred.

Growth Seen in Internet Lottery Traditionally, the $100 billion US lottery business has been conducted offline and in cash.

As Jackpot noted last year, "53% of Americans bought lottery tickets, but only ~ 5% of those sales came from online transactions."

"More states across the country are now open to online lottery ticket sales

creating a huge opportunity to digitize the industry and provide a better

more comfortable experience for the hundreds of millions of Americans who purchase lottery tickets each year," Jackpot said.

The company plans to use $35 million in Series A funding to accelerate US expansion, recruit staff, establish partnerships and make strategic acquisitions.