SportsMillions Banking: Deposits, Withdrawals, & Payout Speed

Moving funds in and out of your SportsMillions account is straightforward. The process is smooth from both ends, though the selection of payment methods is on the smaller side.

You can deposit using any major credit or debit card (Visa, Mastercard, Discover) and Apple Pay. That should cover most players. What stands out here is the option to withdraw via gift cards, in addition to standard bank transfers. That’s something you rarely see on DFS platforms.

Here’s a closer look at how the deposit and withdrawal process works at SportsMillions, including limits, method availability, and typical payout speeds.

SportsMillions Deposits

To load your SportsMillions account, you can use Visa, Mastercard, Discover, or Apple Pay. While it’s a bit of a letdown that American Express and PayPal aren’t supported, the available methods should work for most players.

The minimum deposit is $10, and deposits hit your account instantly.

If SportsMillions is live in your state, you can sign up and claim the $25 welcome bonus through my link.

How to Deposit

Here’s how to fund your SportsMillions account step-by-step:

1. Create your account. New users can get up to $25 in bonuses across their first three deposits.
2. On the left-side menu, click Deposit.
3. Enter the amount you want to add to your account.
4. Choose your deposit method—Credit/Debit card or Apple Pay
5. Complete your deposit by hitting the Deposit
   1. If you’re using Apple Pay, you’ll get a prompt to confirm the transaction.
   2. For credit or debit cards, just fill in your card info and the deposit will go through instantly.

SportsMillions Withdrawals & Payout Speed

Withdrawals on SportsMillions are handled through two methods: bank transfer and gift cards.

Both options are secure, but I know some players aren’t thrilled about connecting their bank accounts to gaming apps. For what it’s worth, SportsMillions uses encrypted connections, and all banking data is kept safe.

The minimum amount you can withdraw is $10. While the official payout window is listed as up to 10 days, every withdrawal I’ve done has shown up in 5 days or less.

How to Withdraw

Here’s how to make your first withdrawal from SportsMillions:

1. Click the Withdraw button in the left-side menu.
2. Complete identity verification—this is a one-time step required before your first cashout.
3. Choose between Get Gift Cards or Withdraw Cash, depending on whether you want a gift card or bank transfer.
4. If you pick gift cards, you’ll get the codes sent to your email within 48 hours. If you choose a bank transfer, you’ll need to enter your bank account details.
5. After confirming the withdrawal, you can expect the funds to arrive within 5 days, though the site lists a max processing time of 10.