Reference

Deposits, Withdrawals and Verification on draftkings

Fund your draftkings account with PayPal, Venmo, or a Play+ prepaid card — all three are built into your account cashier and move money without leaving the app. Access depends on your state and whether online betting is permitted where local law allows.

PayPal depositsVenmo withdrawalsPlay+ prepaid cardSecure verificationFast withdrawal requests
Explore the Lobby Read FAQ
draftkings Deposits, Withdrawals and Verification on draftkings
draftkings Request a Payout From Your Balance

Request a Payout From Your Balance

Head to the cashier and select Withdraw. You'll see the same payment methods available for deposits — PayPal and Venmo are the two fastest rails for getting money back to a wallet you already use daily. Play+ lets you withdraw to the prepaid card and spend it directly. Before a withdrawal processes, your account identity check must be complete. If it isn't,

you'll be prompted to upload the required documents at that step. We don't publish a fixed payout window because processing times vary by method and bank routing; what we can say is that PayPal and Venmo move faster than a paper check.

  • Open Withdraw in the cashier — Same cashier menu as deposits — tap Withdraw and you'll see your available balance and eligible methods.
  • Select your payout method — Choose PayPal, Venmo, or Play+. The method must match one already linked and verified on your account.
  • Enter the withdrawal amount — Type the amount, check the confirmation details, and submit. A pending status appears in your transaction history right away.
  • Verification check — If your identity documents aren't on file yet, you'll be redirected to the verification step before the payout is released.
draftkings Verifying Your draftkings Account

Verifying Your draftkings Account

Identity verification protects your balance and keeps your account secure. We ask for it before releasing your first withdrawal — it's a one-time process that stays on file. You'll need a government-issued ID (driver's license or passport) and, in some states, a document confirming your address such as a utility bill or bank statement. Upload through the app or the browser; the

review typically runs in the background while you continue using the platform. Players in Houston or Las Vegas go through the same process — it's state-regulated and consistent across eligible markets.

  • Upload a government-issued ID — A driver's license or passport works. The image needs to be clear and unobstructed on both sides.
  • Confirm your address — A utility bill or bank statement dated within 90 days is the standard document. Upload it alongside your ID.
  • Social Security verification — For tax-reporting purposes we verify the last four digits of your SSN — entered directly in the account form, not uploaded.
  • Review and approval — Once submitted, verification runs in the background. You'll get an in-app notification when your account is cleared for withdrawals.
draftkings Put Money Into Your draftkings Account

Put Money Into Your draftkings Account

Open the cashier from the account menu — it's one tap on mobile or a click in the top-right corner on desktop. Pick PayPal, Venmo, or your Play+ card from the payment rail. PayPal and Venmo pull directly from your linked balance or bank account; Play+ uses the prepaid card balance you loaded separately. Enter the amount, review the confirmation screen, and

your draftkings balance updates right away. No wire routing needed, no third-party checkout page.

  • Open the cashier — Tap your account icon and select Deposit from the menu — available on the app and in the browser.
  • Choose your payment method — Select PayPal, Venmo, or Play+ from the displayed options. All three are linked directly to your account.
  • Enter and confirm the amount — Type the deposit amount, review the summary screen, then confirm. No secondary app redirect is needed for Play+.
  • Balance updates — Your draftkings balance reflects the deposit immediately so you can move to the sportsbook or casino lobby without delay.

Payment Options in Your Cashier

Every payment method in your draftkings cashier is tailored to how American accounts actually move money. PayPal and Venmo are the two most-used rails because they connect to checking accounts and debit cards you already have. Play+ gives you a dedicated prepaid card linked straight to your draftkings balance — handy if you want to keep betting funds separate. Online banking transfers and debit cards round out the options for states where they're available.

PayPal

Link your PayPal account once and use it for both deposits and withdrawals. Pulls from your PayPal balance, linked bank, or debit card.

Venmo

Use your Venmo balance to fund your account. Withdrawals back to Venmo move within the same payment network you use day-to-day.

Play+

A draftkings-issued prepaid card. Load it, use it for deposits, and withdraw your balance back to it for direct spending.

Online Banking

Direct bank transfer via ACH. Takes slightly longer than a wallet method but works with most major US checking accounts.

Debit Card

Visa and Mastercard debit cards are accepted for deposits in eligible states. Check your cashier for current availability.

Banking Questions We Hear Most

Whether you're depositing for the first time before an NFL same-game parlay or requesting your first withdrawal after a solid MLB week, here are the banking questions we get asked most — answered straight from the account team.

Yes. Link your Venmo account in the cashier and use your Venmo balance to fund your draftkings account. Availability depends on your state and local law.

Open the cashier, select Withdraw, choose PayPal, and enter the amount. Your PayPal account must already be linked and your identity verification must be complete.

Play+ is a draftkings-issued prepaid card tied to your account balance. Deposit funds onto it, use it for account top-ups, or withdraw your balance back to the card for everyday spending.

A hold usually means your identity documents aren't verified yet. Head to your account settings, upload your ID and address document, and the withdrawal will process once review clears.

Minimum deposit amounts vary by payment method. Check the cashier screen when you select a method — the minimum is displayed before you confirm the transaction.

We do not charge a withdrawal fee on PayPal or Venmo payouts. For Play+ and other methods, check the cashier for any method-specific notes at the time of the request.
Reference

draftkings Banking Guide

Service availability depends on eligible states and local law. US online casino and sportsbook access is licensed state by state, so check your state's rules before opening an account. 21+ where applicable.

Access may be available only in states where local law permits.

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