Jackpot Records was founded by Bunny Lee in Jamaica, and became one of the most prolific labels to be distributed in England by Trojan Records with over 100 records issued between 1969 and 1973. There was also an American variation, also used for Bunny Lee's productions, in the 70's.

The majority of the UK releases were Bunny Lee productions, but every now and then, Trojan (thanks especially to an inventory of extra label blanks) would issue material on Jackpot from other major Reggae producers such as Laurel Aitken and Joe Gibbs.

The first UK issue, as shown, was "Seven Letters/Too Bad" by Derrick Morgan. This was the only issue to have the plain mustard label before the more colourful blue and green design was introduced.

With the exception of the very first issue, as noted, and one or two singles where the artist credits were printed in silver and not black the Jackpot label design remained unchanged throughout its run.

Bunny Lee continued to use the Jamaican variation throughout the 70's and in to the 80's. It has also been used extensively for represses.