Jackpot Falls is the fourth and uppermost in a series of waterfalls located above Upper DeSoto Falls on the same tributary of Frogtown Creek. The main tier of Jackpot Falls is 30 feet high; a second, 20-foot tier lies immediately above the falls, but largely out of sight from the base. Jackpot Falls is noted on the original USGS topographic map of the area. In addition, a small sliding-type waterfall called Sleepy Falls is found below Jackpot Falls and can be seen after leaving Corkscrew Falls. 

The waterfalls above Upper DeSoto Falls lie strictly off-trail in very steep, rugged terrain. Leaving the official trail in this vicinity is highly discouraged by the Forest Service. Injuries have occurred from climbing around the waterfalls, and explicitly climbing Upper DeSoto Falls is prohibited. Accessing Jackpot Falls is only for nimble cross-country hikers with strong off-trail scrambling experience. 

To learn about more waterfalls in the Dahlonega area, see chapter 5 in Mark Ozboyd's "Waterfalls of Georgia" guidebook.