PrizePicks Deposits & Withdrawals | Payout Time, Limits, & More

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PrizePicks is a popular DFS Pick'em platform that lets you choose higher or lower on players' stat projections. If all of your selections are correct, you win.

But what deposit and withdrawal options does PrizePicks offer? How long does PrizePicks take to pay out winnings?

PrizePicks' deposits are instant and options include credit/debit cards (Visa and Discover), PayPal, Apple Pay, and bank transfer. The minimum deposit is $10. 

Payouts at PrizePicks are typically instant but may take 6 to 12 hours if you've never made a withdrawal before. Withdrawal options include debit card (Visa and Discover), PayPal, and bank transfer, and the minimum amount is $10.

Read on to learn more about how PrizePicks' banking options work, see payout speeds for different withdrawal options, and more.

PrizePicks Banking

Deposit Methods

Credit/debit card (Visa, Discover), PayPal, Apple Pay, bank transfer

Min/Max Deposit

Min: $10, Max: None

Deposit Time

Instant

Withdrawal Methods

Debit card (Visa, Discover), PayPal, bank transfer

Min/Max Withdrawal

Min: $10, Max: None

Payout Time

Instant to up to 12 hours

PrizePicks Deposit Methods

PrizePicks offers bank transfer, PayPal, Apple Pay, and credit/debit cards (Visa and Discover) for deposits. The minimum deposit amount is $10 and deposits are instant.

PrizePicks Deposit Methods

Method

Min/Max Deposit

Deposit Time

Credit/debit card (Visa, Discover)

$10/None

Instant

PayPal

$10/None

Instant

Apple Pay

$10/None

Instant

Bank transfer

$10/None

Instant

How to Deposit at PrizePicks

Making deposits at PrizePicks is simple. Here's how the process works:

  1. Open up the PrizePicks website or mobile app.
  2. Click your account balance in the top right next to the green + sign.
  3. Choose a deposit method.
  4. Enter the amount you want to deposit.
  5. Follow the steps to connect your account/card and complete the deposit.

*Special offers from our partners

Rank

Site

Sign-Up Bonus

Promo Code

#1

5/5

Promo code: ODDS100

#2

4.8/5

Promo code: ODDS100

#3

4.8/5

Promo code: ODDS100

#4

4.6/5

Promo code: ODDS100

PrizePicks Withdrawal Methods & Payout Speed

One great thing about PrizePicks is that withdrawals are typically instant once you've played for awhile and have made a few withdrawals. The first few times you try to withdraw, you may have to wait 6 to 12 hours while PrizePicks runs a security check on your account.

PrizePicks lets you withdraw via bank transfer, PayPal, and debit card (Visa, Discover), and the minimum withdrawal is $10.

PrizePicks Withdrawal Methods & Payout Time

Method

Min Withdrawal

Payout Speed

Debit card (Visa, Discover)

$10

Up to 12 hours

PayPal

$10

Up to 12 hours

Bank transfer

$10

Up to 12 hours

How to Withdraw from PrizePicks

Like deposits, withdrawing from PrizePicks is a breeze. Here's how to do it:

  1. Open up the PrizePicks mobile app or website.
  2. On the mobile app, click the menu button in the top left. On the website, click the dropdown in the top right next to your profile icon.
  3. Click Request Withdrawal.
  4. Choose your payout method.
  5. Enter the amount you want to withdraw.
  6. Confirm and wait for it to process.

Signing Up for PrizePicks

The signup process for PrizePicks is relatively easy. It can be summed up below:

  1. Click here to load PrizePicks in your browser and click on the Sign Up button.
  2. Fill out the form and complete your registration.
  3. Verify your account and claim the bonus to start playing.

Here are some screenshots of PrizePicks Sign Up (click to expand):

PrizePicks Customer Support for Banking

If you select the Help Center page, you can get in touch with customer support via live chat. It is available 24/7 and usually responds rather fast.

In addition, PrizePicks also offers a detailed FAQ section where you can learn about deposit and withdrawals.

PrizePicks Deposits & Withdrawals FAQs

Can I deposit to PrizePicks with a debit card?
Yes, PrizePicks accepts Visa and Discover debit cards for deposits.

Can I deposit to PrizePicks with a credit card?
Yes, PrizePicks accepts Visa and Discover credit cards for deposits.

How long do deposits at PrizePicks take?
All deposits at PrizePicks are instant. You should see your funds shortly after confirming the deposit.

How long does it take for PrizePicks to match my deposit?
You should see your deposit match from PrizePicks in your account just a few minutes after completing your first deposit.

Do I have to be located in a state where PrizePicks operates to make a deposit?
Yes, if you aren't physically in a state where PrizePicks is legal, you won't be able to access the deposits page.

Does PrizePicks charge fees for deposits?
No, deposits at PrizePicks are free.

How long do payouts at PrizePicks take?
Payouts are typically instant once you've played for a while and have made a few withdrawals. The first few times you try to withdraw, you may have to wait 6 to 12 hours while PrizePicks runs a security check on your account.

What is the fastest way to withdraw from PrizePicks?
All three of PrizePicks' withdrawal options are typically instant.

Does PrizePicks tax your withdrawals?
PrizePicks won't tax your withdrawals but they will send you a 1099-MISC form if you netted more than $600 in the previous calendar year. You will have to pay taxes on this income.

Why can't I withdraw from PrizePicks?
If you have less than $10 in your account, you won't be able to make a withdrawal. In addition, if you have bonus funds in your account that you haven't entered into a contest yet, then you'll have to use those funds at least once before you can withdraw any winnings.

*Special offers from our partners

Rank

Site

Sign-Up Bonus

Promo Code

#1

5/5

Promo code: ODDS100

#2

4.8/5

Promo code: ODDS100

#3

4.8/5

Promo code: ODDS100

#4

4.6/5

Promo code: ODDS100

Dave Rathmanner

Dave Rathmanner is the Founder & CEO of Odds Assist. After struggling to find helpful sports betting resources and honest reviews when he first started betting, he decided to create the site he always wished he had. Dave has been betting on sports since NJ legalized it in 2018 and regularly analyzes sportsbooks to find the best options for bettors. Aside from creating new content for OA readers, Dave is also passionate about researching betting markets, creating models, and developing profitable betting strategies.