PrizePicks Instant Bank Transfer Withdrawal: A Step-by-Step Guide

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Close-up of casino chips and dice on a felt table, next to a laptop for online gambling.
Credit: pexels.com, Close-up of casino chips and dice on a felt table, next to a laptop for online gambling.

To withdraw your winnings via instant bank transfer on PrizePicks, you'll need to have a connected bank account in your PrizePicks account.

PrizePicks allows you to link your bank account through the ACH (Automated Clearing House) network.

You'll need to be 18 years or older and have a valid bank account to complete the withdrawal process.

To initiate the withdrawal, go to the PrizePicks website, log in to your account, and navigate to the "My Account" section.

PrizePicks Withdrawal Process

To withdraw your winnings on PrizePicks, you'll need to meet the playthrough requirement, which is a total of your deposit and promo funds played one time.

The withdrawal process is relatively straightforward and can be initiated by navigating to settings and viewing all options, then clicking "request withdrawal" and entering the amount you want to take out and the means of receiving it.

Once you've submitted your withdrawal request, PrizePicks will contact you with a specific code to implement into the withdrawal form, which is an extra security measure to reduce fraud.

Credit: youtube.com, How to Withdraw Money From PrizePicks

Withdrawals are processed via Instant Bank Transfer (ACH) or Card Withdrawals, and you can choose which method you prefer.

The minimum withdrawal amount is $10, and you can request a withdrawal after meeting the playthrough requirement.

New customers may have their first few withdrawals reviewed by a qualified specialist, which takes between 6-12 hours, but most of the time it's on the lower end of that range.

Here are the details about the withdrawal process on PrizePicks:

  • Any withdrawal is subject to a 1x playthrough of your initial deposit & promotional value
  • You cannot have any pending deposits on your account before requesting a withdraw
  • The minimum withdrawal amount is $1.00
  • The maximum withdrawal amount is $1,000 and users can only withdraw $1,000 every seven days
  • Withdrawals are generally processed using Instant Bank Transfer (however, they can also be made via direct card payment to your previous deposit method)
  • Funds withdrawn from the site should be available within 48 hours

PrizePicks Withdrawal Methods and Speed

Withdrawals on PrizePicks are typically instant once you've played for a while and have made a few withdrawals. However, 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.

You can withdraw via bank transfer, PayPal, and debit card (Visa, Discover). The minimum withdrawal amount is $10.

PrizePicks offers Instant Bank Transfer (ACH) and card withdrawals as withdrawal methods. You can also get your money via direct card payment to your previous deposit method.

Here are the details on PrizePicks withdrawal methods and speed:

Funds withdrawn from the site should be available within 48 hours.

How to Withdraw on PrizePicks

Credit: youtube.com, How to Withdraw Money From PrizePicks

To withdraw on PrizePicks, you'll need to request a minimum withdrawal of $10. You can do this by navigating to your account settings and clicking "request withdrawal". Enter the amount you want to withdraw and the means of receiving it.

The withdrawal process typically takes anywhere from 6 to 12 hours for new customers, while regular customers may get instant withdrawals. You can choose to receive your funds via Instant Bank Transfer (ACH) or Card Withdrawals.

Here are the possible withdrawal methods on PrizePicks: Instant Bank Transfer (ACH)Card Withdrawals

To ensure a smooth withdrawal process, make sure you've met the 1X playthrough requirement, which means you need to play through all deposited funds once before withdrawing them.

Recommended read: Instant Ach Transfer

PrizePicks Play-Through Requirement

PrizePicks has a very simple and consumer-friendly play-through policy where you only have to play through your deposit and promo funds one time before you can withdraw.

This means that if you deposit $10 and get matched an additional $10 in promo funds, you'll need to play a total of $20 worth of lineups.

Unlike many other providers, PrizePicks doesn't have a high play-through requirement like 3X, 6X, or even 20X.

Failed Withdrawal Request

Credit: youtube.com, PrizePicks Withdrawal Failed or Not Working - Full Guide (2025)

If your withdrawal request fails, it's likely due to a 1X playthrough requirement, which means you need to play through all deposited funds once before withdrawing them.

You must submit and play through lineups using Credit Funds, not Promo Funds, to count toward your playthrough requirement.

Inaccurate bank account information can also cause withdrawal requests to fail, so double-check your account info.

If your withdrawal request fails due to bank account issues, your funds will be returned to your credit funds balance.

You can create a new withdrawal request after correcting the issue.

Withdrawals can only be made using an approved payment method that you previously used to deposit funds into your PrizePicks account.

Discover debit cards, Apple Pay, and all credit cards may only be used for deposits, not withdrawals.

A minimum withdrawal amount of $10 is required, so make sure your request meets this threshold.

You can only make one successful withdrawal per 24-hour time frame, so plan accordingly.

Step 3

Credit: youtube.com, This is How to Link your PayPal and chime to Prizepicks 🤑👍 pt.2

So you're ready to withdraw your winnings on PrizePicks. To do this, you'll need to enter the amount you want to withdraw. The minimum withdrawal amount is $10, so make sure you input at least that much.

You can withdraw any amount above $10, but be aware that new customers may have their first few withdrawals reviewed by a specialist, which can take between 6-12 hours.

To withdraw, you'll need to navigate to the settings section of your account and click "request withdrawal". Then, simply enter the amount you want to withdraw and the means of receiving it. It's a straightforward process that's easy to follow.

Matthew McKenzie

Lead Writer

Matthew McKenzie is a seasoned writer with a passion for finance and technology. He has honed his skills in crafting engaging content that educates and informs readers on various topics related to the stock market. Matthew's expertise lies in breaking down complex concepts into easily digestible information, making him a sought-after writer in the finance niche.

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