Jackpocket is the first mobile lottery app in the U.S. that offers players a secure way to order official state lottery tickets, such as Powerball and Mega Millions, via their smartphones. We're revolutionizing the $300B global lottery market to make it more convenient and responsible.

As a Product Manager at Jackpocket, you will be a vital part of our Product team, focusing on both the consumer-facing app and the underlying systems and processes. You will collaborate closely with engineers, lead agile ceremonies, and work across departments to prioritize development roadmaps and implement impactful product enhancements that drive positive business outcomes.

If you're ready to contribute to an innovative platform that modernizes lottery playing, this Interview Query guide will help you navigate the interview process and prepare for commonly asked questions. Let's get started!

Submitting Your Application

The first step is to submit a compelling application that reflects your technical skills and interest in joining Jackpocket as a Product Manager. Whether you were contacted by a Jackpocket recruiter or have taken the initiative yourself, carefully review the job description and tailor your CV according to the prerequisites.

Tailoring your CV may include identifying specific keywords that the hiring manager might use to filter resumes and crafting a targeted cover letter. Furthermore, don’t forget to highlight relevant skills and mention your work experiences.

Recruiter/Hiring Manager Call Screening

If your CV happens to be among the shortlisted few, a recruiter from the Jackpocket Talent Acquisition Team will make contact and verify key details like your experiences and skill level. Behavioral questions may also be a part of the screening process.

In some cases, the Jackpocket Product Manager hiring manager stays present during the screening round to answer your queries about the role and the company itself. They may also indulge in surface-level technical and behavioral discussions.

The whole recruiter call should take about 30 minutes.

Technical Virtual Interview

Successfully navigating the recruiter round will present you with an invitation for the technical screening round. Technical screening for the Jackpocket Product Manager role usually is conducted through virtual means, including video conference and screen sharing. The questions in this 1-hour long interview stage may revolve around your knowledge of product management, agile methodologies, and your capability to handle analytics and draw meaningful insights from them.

In the case of Product Managers, take-home assignments regarding user research, product specification creation, and case studies might be incorporated. Apart from these, your proficiency in managing product backlogs, agile ceremonies, and collaboration with cross-functional teams may also be assessed during the round.

Depending on the seniority of the position, case studies and similar real-scenario problems may also be assigned.

Onsite Interview Rounds

After clearing the technical virtual interview, you’ll be invited to attend the onsite interview loop. Multiple interview rounds, varying with the role, will be conducted during your day at the Jackpocket office. Your technical prowess, product management capabilities, and your ability to collaborate and drive product initiatives will be evaluated against the finalized candidates throughout these interviews.

If you were assigned take-home exercises, a presentation round may also await you during the onsite interview for the Product Manager role at Jackpocket.

Quick Tips For Jackpocket Product Manager Interviews

• Should contain three tips for interviewing for this specific company based on interview experiences.

Example:

You should plan to brush up on any technical skills and try as many practice interview questions and mock interviews as possible. A few tips for acing your Jackpocket interview include:

• Understand Jackpocket's Unique Offering: Jackpocket is a pioneering mobile lottery platform. Familiarize yourself with their product, their current offerings, and think of innovative ways to improve or expand their features.
• Be Data Driven: Jackpocket’s Product Manager interviews assess how well you can provide business-driving insights with data. Brush up on your knowledge of analytics and the tools mentioned in the job description.
• Collaboration & Communication: Jackpocket values effective collaboration across various teams. Practice responding to behavioral questions that highlight your experiences in cross-functional collaboration and agile methodology.

Typically, interviews at Jackpocket vary by role and team, but commonly Product Manager interviews follow a fairly standardized process across these question topics.

• Write a SQL query to select the 2nd highest salary in the engineering department. Write a SQL query to select the 2nd highest salary in the engineering department. If more than one person shares the highest salary, the query should select the next highest salary.

• Write a function to merge two sorted lists into one sorted list. Given two sorted lists, write a function to merge them into one sorted list. Bonus: Consider the time complexity.

• Write a function missing_number to find the missing number in an array. You have an array of integers, nums of length n spanning 0 to n with one missing. Write a function missing_number that returns the missing number in the array. Complexity of (O(n)) required.

• Write a function precision_recall to calculate precision and recall metrics from a 2-D matrix. Given a 2-D matrix P of predicted values and actual values, write a function precision_recall to calculate precision and recall metrics. Return the ordered pair (precision, recall).

• Write a function to search for a target value in a rotated sorted array. Suppose an array sorted in ascending order is rotated at some pivot unknown to you beforehand. You are given a target value to search. If the value is in the array, return its index; otherwise, return -1. Bonus: Your algorithm's runtime complexity should be in the order of (O(\log n)).

• Would you think there was anything fishy about the results of an A/B test with 20 variants? Your manager ran an A/B test with 20 different variants and found one significant result. Would you suspect any issues with the results?

• How would you set up an A/B test to optimize button color and position for higher click-through rates? A team wants to A/B test changes in a sign-up funnel, such as changing a button from red to blue and/or moving it from the top to the bottom of the page. How would you design this test?

• What would you do if friend requests on Facebook are down 10%? A product manager at Facebook reports a 10% decrease in friend requests. What steps would you take to address this issue?

• Why would the number of job applicants decrease while job postings remain the same? You observe that the number of job postings per day has remained constant, but the number of applicants has been decreasing. What could be causing this trend?

• What are the drawbacks of the given student test score datasets, and how would you reformat them for better analysis? You have data on student test scores in two different layouts. What are the drawbacks of these formats, and what changes would you make to improve their usefulness for analysis? Additionally, describe common problems in "messy" datasets.

• Is this a fair coin? You flip a coin 10 times, and it comes up tails 8 times and heads twice. Determine if the coin is fair based on this outcome.

• How do you write a function to calculate sample variance? Write a function that outputs the sample variance given a list of integers. Round the result to 2 decimal places. Example input: test_list = [6, 7, 3, 9, 10, 15]. Example output: get_variance(test_list) -> 13.89.

• Is there anything fishy about the A/B test results? Your manager ran an A/B test with 20 different variants and found one significant result. Evaluate if there is anything suspicious about these results.

• How do you find the median in (O(1)) time and space? Given a list of sorted integers where more than 50% of the list is the same repeating integer, write a function to return the median value in (O(1)) computational time and space. Example input: li = [1,2,2]. Example output: median(li) -> 2.

• What are the drawbacks and common problems in messy datasets? You have data on student test scores in two different layouts. Identify the drawbacks of these layouts, suggest formatting changes for better analysis, and describe common problems seen in messy datasets.

• How would you evaluate whether using a decision tree algorithm is the correct model for predicting loan repayment? You are tasked with building a decision tree model to predict if a borrower will pay back a personal loan. How would you evaluate if a decision tree is the right choice for this problem?

• How would you evaluate the performance of a decision tree model before and after deployment? Assuming you proceed with a decision tree model, how would you assess its performance before deployment and monitor it after deployment?

• How does random forest generate the forest, and why use it over logistic regression? Explain the process by which a random forest generates its ensemble of trees. Additionally, discuss why one might choose random forest over logistic regression for certain problems.

• When would you use a bagging algorithm versus a boosting algorithm? Compare two machine learning algorithms. In which scenarios would you prefer a bagging algorithm over a boosting algorithm? Provide examples of the tradeoffs between the two.

• How would you justify the complexity of a neural network model to non-technical stakeholders? Your manager asks you to build a neural network model to solve a business problem. How would you justify the complexity of this model and explain its predictions to non-technical stakeholders?

• What metrics would you use to track the accuracy and validity of a spam classifier for emails? You are tasked with building a spam classifier for emails and have completed a V1 of the model. What metrics would you use to evaluate its accuracy and validity?

What is the average salary for a Product Manager at Jackpocket?

FAQ for Jackpocket Product Manager Position

Q: What is Jackpocket?
Jackpocket is the first mobile lottery app in the U.S. that offers players a secure way to order official state lottery tickets like Powerball and Mega Millions via their smartphones. The platform aims to modernize the $300B global lottery market, making it more convenient, fun, and responsible.

Q: What are the primary responsibilities for a Product Manager at Jackpocket?
As a Product Manager at Jackpocket, you'll manage agile ceremonies, create and maintain product specs, collaborate with engineers and other departments, conduct user research, and ensure smooth feature delivery. You'll also travel to operations centers, conduct predictive analyses, and continuously improve the product based on user feedback and data-driven insights.

Q: What qualifications are required for the Product Manager role?
Applicants should have 3-6 years of product management experience, with a preference for B2B or B2B2C environments. Proficiency in using JIRA, Productboard, or Notion is a plus. Candidates should also have experience with analytics, user research, and creating comprehensive product documentation. Strong collaboration skills with technical stakeholders are essential.

Q: What can I expect regarding compensation and benefits?
The base salary range for this role is between $140,000 and $175,000. Benefits include 100% covered medical insurance, dental and vision insurance, 401(k) matching, stock options, commuter benefits, discounted gym membership, catered meals, and flexible working hours. Jackpocket offers autonomy and significant upward mobility.

Q: How can I prepare for an interview at Jackpocket?
To prepare for your interview, familiarize yourself with Jackpocket's products and services. Practice common interview questions with Interview Query, and review your technical skills. Be ready to discuss your past experiences, particularly those related to user research, agile methodologies, and product roadmap prioritization.

If you're passionate about revolutionizing the lottery industry and empowering a $300B global market with innovative mobile solutions, then Jackpocket is the perfect place for you. As a Product Manager at Jackpocket, you will be at the forefront of developing cutting-edge products that enhance user experiences and drive significant business outcomes. You'll work with dedicated teams across the organization, participate in agile ceremonies, and lead initiatives that modernize how people play the lottery.

For more insights about the company, check out our main Jackpocket Interview Guide, where we have covered many interview questions that could be asked. We've also created interview guides for other roles, such as software engineer and data analyst, where you can learn more about Jackpocket's interview process for different positions.

At Interview Query, we empower you to unlock your interview prowess with a comprehensive toolkit, equipping you with the knowledge, confidence, and strategic guidance to conquer every Jackpocket interview question and challenge.

You can check out all our company interview guides for better preparation, and if you have any questions, don’t hesitate to reach out to us.

Good luck with your interview!