QUESTION
How do I cash out my winnings on DraftKings?
ANSWER
To cash out winnings on DraftKings, one must first ensure that they have completed any necessary account verification processes required by DraftKings. Once the account is in good standing, the withdrawal can be initiated by navigating to the "My Account" section and selecting 'Withdraw' from the options available. There, one will enter the amount they wish to withdraw and choose their preferred method of payment, such as PayPal, Check, or a bank transfer via ACH. DraftKings may require additional information to process the withdrawal for security reasons. The time it takes to receive the funds can vary depending on the chosen method, with some processing within a few days and others possibly taking longer. It’s also important to be aware of any potential withdrawal limits or fees as well as terms and conditions that must be satisfied prior to making a withdrawal.
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