The basic process: PrizePicks to your bank in three steps
PrizePicks lets you withdraw your winnings to a bank account you've already connected to the app. You go into the app, request a withdrawal, choose your linked bank account, and the money moves there — usually within one to three business days. The app handles the transfer itself; you don't need to do anything at your bank.
Before you can withdraw, you need to have a bank account connected to PrizePicks. This happens the first time you try to withdraw: the app asks for your routing number and account number, then sends two small test deposits to verify the account is yours. Once those deposits clear, your account is confirmed and ready for withdrawals.
PrizePicks does not charge you to withdraw. Your bank might charge a fee if you have a checking account that charges for incoming transfers, but most standard accounts do not.
Key Takeaways
- You must connect a bank account to PrizePicks before you can withdraw, which requires your routing number and account number from a check or your bank's website.
- PrizePicks verifies the account by sending two small test deposits that you confirm in the app, a process that usually takes one to two business days.
- Once verified, withdrawals from PrizePicks to your bank account typically arrive within one to three business days.
- PrizePicks does not charge withdrawal fees, though your bank may charge a fee if your account type includes fees for incoming transfers.
Finding your routing and account numbers
Your routing number and account number are printed on the bottom left of any check from your account. The routing number is the first set of nine digits, and your account number follows it. If you do not have checks, you can find both numbers by logging into your bank's website or app — they are usually listed under account details or account information.
Some banks also print these numbers on the back of your debit card, though not all do. If you cannot find them online or on a check, call your bank's customer service line. They can read both numbers to you over the phone.
Make sure you are entering the numbers for the account where you want the money to go. If you have multiple accounts at the same bank, each one has its own account number.
Connecting your account in the PrizePicks app
Open PrizePicks and go to your account settings or wallet section — the exact location varies slightly depending on whether you use the app on a phone or computer. Look for a button that says "Add Bank Account," "Connect Bank," or "Withdraw." Tap or click it.
The app will ask for your routing number, account number, and the name on the account. Enter these carefully; a single wrong digit will cause the verification to fail. Once you submit, PrizePicks sends two small deposits (usually between $0.01 and $0.99 each) to your bank account.
Check your bank account in one to two business days. You should see both deposits listed. Go back into the PrizePicks app and enter the exact amounts of both deposits. Once you confirm them correctly, your account is verified and you can withdraw.
Requesting a withdrawal
Go to your PrizePicks wallet or account settings and select "Withdraw" or "Cash Out." The app shows your current balance and asks how much you want to withdraw. You can withdraw your entire balance or any amount below it.
Select the bank account you connected earlier — if you have only one connected, it will be selected automatically. Review the amount one more time, then confirm the withdrawal. PrizePicks will show you a confirmation number and tell you when to expect the money (usually one to three business days).
The money goes to your bank account, not to a separate wallet or card. You can use it like any other deposit to your account.
What happens if the verification fails
If you enter the test deposit amounts incorrectly, PrizePicks will tell you and let you try again. You have a limited number of attempts — usually three — before you need to start over with a new bank account connection.
If you run out of attempts or the deposits never arrive at your bank, contact PrizePicks support through the app. They can resend the test deposits or help you troubleshoot. Common reasons deposits do not arrive include entering the wrong account number, using a savings account that does not accept transfers, or connecting an account at a bank that does not work with PrizePicks (though most major banks do).
If you are having trouble, it is faster to contact PrizePicks support than to wait and retry. They can usually resolve it within a day or two.
Timing: when the money actually arrives
PrizePicks processes withdrawals on business days. If you request a withdrawal on a Friday afternoon, it may not process until Monday, and then take another one to three business days to reach your bank. A withdrawal requested on a Tuesday morning usually arrives by Thursday or Friday.
Your bank controls the final step. Most banks deposit money from other financial institutions within one business day of receiving it, but some take longer. If your bank is slow to process deposits, the money may sit in a queue for a day or two before it shows in your account.
You can check the status of a withdrawal in the PrizePicks app. It usually shows whether the withdrawal is pending, processing, or complete.
Using a different account later
If you want to withdraw to a different bank account, you can add a second account in the PrizePicks app. It goes through the same verification process with two test deposits. Once verified, you can choose which account to withdraw to each time you request a withdrawal.
You cannot remove an account that currently has a pending withdrawal, so wait until the withdrawal completes before disconnecting an old account.
Frequently Asked Questions
What if I enter the wrong account number?
The test deposits will not arrive, and PrizePicks will tell you the verification failed. You can try again with the correct number, or delete the account and add it again. If you have already sent money to the wrong account, contact PrizePicks support — they may be able to help, but the money may be lost.
Can I withdraw to a savings account or money market account?
Yes, as long as the account accepts incoming transfers. Most savings accounts do. Some very old or restricted account types do not; if verification fails, ask your bank whether the account can receive transfers from outside sources.
Is there a minimum withdrawal amount?
PrizePicks does not publish a minimum, but most withdrawal requests are for at least a few dollars. If you have a very small balance and want to withdraw, contact PrizePicks support to ask whether it is possible.
What if my bank charges a fee for incoming transfers?
PrizePicks does not charge you, but your bank might. Check your account agreement or call your bank to ask whether they charge for incoming transfers. Most standard checking accounts do not.
Can someone else's bank account be connected to my PrizePicks account?
No. The account must be in your name, and PrizePicks verifies this by sending test deposits. If you try to connect someone else's account, the verification will fail when they cannot confirm the deposit amounts in your PrizePicks app.