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US Powerball jackpot climbs to $1.7 Billion
(Tayfun Coskun/Getty Images)

Your upcoming Powerball loss is DraftKings’ gain

As the Powerball jackpot has stretched to $1.8 billion, users are flooding into DraftKings’ Jackpocket lottery app.

Saturday will mark Powerball’s 42nd drawing since the last time someone hit the jackpot. The prize has ballooned to $1.8 billion, sending would-be winners rushing to scoop up tickets.

There will be an immense number of losers, but one surefire winner: DraftKings.

The gambling company, which owns the lottery courier app Jackpocket, told CNBC that ticket sales on its app have surged in the recent frenzy. DraftKings said Jackpocket’s sales skyrocketed 200% on Wednesday from the week prior, and then another 130% on Thursday.

Rules vary by location, but the app charges a service fee of about 14% when you deposit funds or purchase a ticket using the app. It’s available in 16 states.

The gambling giant told CNBC that 15 million Powerball tickets have been purchased on the app during the current Powerball run. Back-of-the-napkin math would put Jackpockets take at a few million, nothing eye-watering, but that jump in the app store may open it up to new users who could become habitual users.

When DraftKings announced its acquisition of the app in February 2024, it said it expected the deal to drive between $260 million and $340 million of revenue by fiscal year 2026, and between $350 million and $450 million by fiscal year 2028.

Powerball Jackpot September 5

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OpenAI set to air a minute-long Super Bowl ad for a second consecutive year, per WSJ

OpenAI is expected to broadcast a lengthy commercial at Super Bowl LX, The Wall Street Journal reported Monday.

Having aired its first-ever paid ad at last year’s Big Game, the ChatGPT maker is set to take another 60-second ad slot during NBC’s broadcast on February 8, according to people familiar with the matter.

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Tamagotchis are making a comeback, 3 decades after first becoming a global toy craze

If you were a ’90s kid, you might remember the craze around little egg-shaped toys with an 8-bit digital screen, displaying an ambiguous pet-thing that demanded food and attention.

Now, on the brand’s 30th anniversary, the Tamagotchi the Japanese pocket-sized virtual pet that launched a thousand cute and needy tech companions, from Nintendogs to fluffy AI robots — is making a minor comeback.

Tamagotchi Google Search Trends
Sherwood News

Looking at Google Trends data, searches for “tamagotchi” spiked in December in the US, up around 80% from just six months prior, with the most search volume in almost two decades.

While the toys are popular Christmas gifts, with interest volumes often seen ticking up in December each year, the sudden interest might also have something to do with the birthday celebrations that creator and manufacturer Bandai Namco are putting on, including a Tokyo exhibition that opened on Wednesday.

Game, set, hatch

More broadly, modern consumers appear to have a growing obsession with collectibles (see: Labubu mania), as well as a taste for nostalgia (see: the iPod revival, among many other trends).

But, having finally hit 100 million sales in September last year, the brand itself is probably just glad to exist, giving a whole new generation the chance to experience the profound grief of an unexpected Tamagotchi death.

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