Jackpot Rewards raises $16,700,000

Jackpot Rewards raised $16.7 Million in its series A financing.  Jackpot Rewards is a new online rewards program that is the Web’s best place to win big, save big, and give big. Jackpot Rewards provides consumers with the most cash back on online purchases as well as exclusive deals and discounts. Members are automatically entered into three drawings every week for Jackpots of over $100 Million, plus a $1 Million drawing every Sunday in which a winner is guaranteed. In addition, by joining you become part of the company’s mission to advance the common good. Founded in 2007, Jackpot Rewards gives back by donating 50 percent of its profits to charities that are dedicated to improving the health, well-being, and educational opportunities of children across America and around the world.