How Do You Withdraw Money From Draftkings Rating: 3,9/5 2642 votes
How do I sign up for a Play+ account?
Sign up for your DraftKings Play+ Prepaid (“Play+”) account by logging into your DraftKings account and visiting the Deposit Page. Select the Play+ funding option. Verify your mailing information is correct on the form. Read and, if you agree with the program’s Terms and Conditions, click Deposit and Enroll. Upon successful registration, you will have the opportunity to add funds to the account immediately using a Bank Card. Your personalized card will be mailed to your address on file within 10-14 days of funding the account.
What are the benefits to using a Play+ account?
Play+ provides a fast and easy way to deposit and cash out while playing online. It is a great way to manage your money and can be used everywhere Discover® is accepted. Play+ has a very high approval rate when loading funds and is easy to use.
How does my Play+ account work?
Since the Play+ card is not a credit card, there is no waiting for credit approval, no credit check, and no credit limits to worry about. Not only can you use your account for gaming at Play+ locations and sites, but you can use your card for purchases everywhere Discover® is accepted and at any ATM that accepts PULSE® and NYCE® cards. Additional features and limitations of this account can be found in the Play+ Terms and Conditions.
How do I fund my Play+ account with a Bank Card?
Fund your Play+ account by logging into your DraftKings account and visiting the Deposit Page.
The two options to withdraw from DraftKings are via check or paypal. In my opinion paypal is the best option, as it takes less time to receive funds. If your a US citizen you’ll likely need to sign a W-9 tax form. You can read more about withdrawing from DraftKings in this review.
- Select the Play+ funding option
- Select or enter the amount you wish to fund to Play+
- Enter the Bank Card number you wish to fund with in the appropriate field
- Complete the security code and expiration date fields
- Enter the amount you wish to transfer from Play+ to DraftKings
- Click Confirm Deposit
- I asked DraftKings if I could get a giant check with my name on it and they politely declined and wired me the money instead. Those were the longest three days of my life. I still remember the chair I was sitting at in my office as I stared at my laptop sitting through a meeting as I kept refreshing the bank balance and saw it change from.
- ※ Note that DraftKings accepts Visa, MasterCard, Discover and American Express credit/debit cards and Visa, MasterCard and American Express gift cards (do not throw away any gift cards used for deposits as any withdrawals will be refunded back to those cards).
- This is your ‘Draftkings wallet’ and now you can spend it entering contests of your choice. You can withdraw it out whenever you want. You don’t start spending that balance until you buy an entry into real money contest. When you win money on the contests it is added to your balance. Use it to play more or withdraw it. That’s up to you.
- Withdrawals from DraftKings are generally smooth and seamless and we have never experienced any problems. To withdraw your money from DraftKings you click on the ‘my account’ tab at the top right of your screen. You then click on the withdraw tab where you will enter the amount you want to withdraw along with your preferred method.
My Bank Card was declined when attempting to Load Funds to my Play+ Account.
It is possible that the information that was supplied during enrollment for the Play+ account does not match the information on file at your Financial Institution. The Bank Card you are attempting to fund with must be the same address as the Play+ account. Please contact your Financial Institution to confirm the information that is associated with your Bank Card. If you need additional information or help please email us at support@playplusgo.com with your inquiries.
Important: Please note, the address on the Bank Card you are using to fund needs to be the same as the address on file with the Play+ account. Fees may apply to this funding transaction, for details please see the Terms and Conditions.
How To Withdraw Money From Draftkings Prepaid Card
Can I schedule a transfer frequency from my Bank Card to my Play+ Account?
You may opt to save a Bank Card as a funding source upon a successful funding transaction. However, due to the requirements of the payment processors, it will be necessary to select the Bank Card and input an amount to be funded for each funding transaction.
How do I transfer funds from my Play+ Account to my wager account?
- Log into your DraftKings account and visit the Deposit Page
- Select the Play+ funding option
- Select Transfer Balance
- Enter the dollar amount to transfer (Any value below or up to the balance on the Play+ account may be transferred to the wager account)
- Click Transfer
How do I transfer funds from my wager account to my Play+ Account?
- Log into your DraftKings account and visit the Withdrawal Page
- Select the Withdraw button for the Play+ funding option
- Enter the dollar amount to transfer (Any value below or up to the maximum account balance may be transferred to your Play+ account)
- Click Request Withdrawal
What are the monthly fees for my Play+ Account?
To learn more about the fee structure, log onto draftkings.mycardplace.com and view the Terms and Conditions.
Can my Play+ card be sent to a PO Box?
No, cards must be sent to a physical residential address.
How do I reset/change my PIN number?
Your PIN can be reset using the IVR at 855-558-0043 (push 4 once card number is entered) or by logging in to
How Do You Withdraw Your Money From Draftkings
draftkings.mycardplace.com.- Log into draftkings.mycardplace.com
- Hover over the additional services tab on the right side of the screen – click Change PIN
- Enter the current PIN and the new PIN you wish it to be changed to – click Change PIN
How do I change my password?
If you have forgotten your password, select Forgot your Password on the logon screen. A temporary password will be sent to the email address on file. If you know your password and would like to change it:
- Log into draftkings.mycardplace.com
- Click Additional Service Tab on right side of screen
- Click Change Password/Secret Question
- Enter current password- enter password you wish to change to – click Change Password
How do I update my profile information? I’d like to update my address.
For us to make the change on your Play+ account, we will require that you scan and email or fax one of the following documents as proof of address. Please ensure that your name and address both appear on the document for verification. You may email to support@playplusgo.com or fax to 702-851-4755. Please reference “Address Change” on the request.
- Scanned image of the Driver’s License or equivalent State Issued Identification card
- Copy of a utility bill
Report lost or stolen cards immediately by emailing support@playplusgo.com or calling 855-558-0043. Once reported, the account will be closed and a new card will be issued to you, subject to the fee as outlined in the Terms and Conditions. Additional information regarding liabilities for lost and stolen cards is available in the Terms and Conditions at draftkings.mycardplace.com.
How do I check my Play+ account balance?
You can check your account balance for free online at draftkings.mycardplace.com. Or get free balance alerts via email or by cell phone. You can also call Customer Service at 855-558-0043 and use the automated service.
What if I don't agree with my available balance?
You can review posted transactions online at draftkings.mycardplace.com for any discrepancies. Please keep in mind that your account may have pending authorizations that should be complete as soon as the merchant settles the transaction. If you believe that there is an issue with your balance, contact us at support@playplusgo.com.
Once you are logged in, click on your name in the top right and go to “My Account” from the drop-down box. Once on this page, you see a variety of account related items. Click on “Document Center” which you will see on the left hand side of this page.
Click to see full answer.
Moreover, does DraftKings issue 1099?
If it turns out to be your lucky day and you take home a net profit of $600 or more for the year playing on websites such as DraftKings and FanDuel, the organizers have a legal obligation to send both you and the IRS a Form 1099-MISC. If you receive your winnings through PayPal, the reporting form may be a 1099-K.
Also Know, how long does it take DraftKings to give you your winnings? According to Draft Kings, the accounting department processes withdrawals each Monday through Friday at 9 AM to 5 PM ET. Once the payment has been processed, the withdrawal can take anywhere from 2-7 days depending on the circumstances of the withdrawal.
Also know, do you get taxed on DraftKings?
Fantasy sports winnings of any size are considered taxable income, and if you have a net profit of more than $600 for the year, DraftKings and FanDuel -- and other fantasy sports sites or organizers -- must issue a 1099-MISC tax form to both you and the IRS.
Can I write off DraftKings losses?
Gambling losses are indeed tax deductible, but only to the extent of your winnings. This requires you to report all the money you win as taxable income on your return. However, the deduction for your losses is only available if you itemize your deductions.