Jumbo Interactive has completed its second prize draw operator acquisition in the space of a month after snapping up Dream Giveaway USA for A$55.4m (£27.6m).

The ASX-listed lottery supplier will pay the fee upfront and expand its prize draw offering after acquiring UK-facing Dream Car Giveaways in a deal worth up to A$109.9m earlier in October.

The deal for the high-value car giveaway business has completed today, Thursday 30 October.

Dream Giveaways USA generated A$21.6m in revenue and A$7.1m in adjusted EBITDA in the 12 months ending 31 July 2025, Jumbo said.

The current Dream Giveaways USA management team will remain in place, the company added.

The Dream Giveaways USA and Dream Car Giveaways acquisitions were partially funded by a new upsized debt facility that Jumbo secured from ANZ.

Via that facility, the firm has access to A$120m, compared to a previous A$80m.

Jumbo expects its new US arm to deliver an underlying EBITDA contribution of $2.7m to $3m for full-year 2026.

That does exclude between $400,000 and $600,000 of planned “strategic investment to accelerate future growth”.

UK-facing Dream Car Giveaways is expected to have an underlying EBITDA contribution of between £7m and £7.3m.

The business reported adjusted EBITDA of £8.3m in the 12 months to 30 April 2025.

Mike Veverka, Jumbo CEO and managing director, said: “The acquisition of Dream Giveaway USA provides Jumbo with an entry point into the US prize draw market via a well- established and profitabl...