The maximum you can withdraw from DraftKings in a single transaction is $100,000 when using Online Banking, Cash @ Cage (in-person casino pickup), or Trustly Verified Withdrawals. For example, if you have $85,000 in withdrawable funds, you can cash out the full amount in one Online Banking transaction that typically arrives in 3–5 days. If you need more than $100,000, Bank Wire has no upper limit but requires at least $20,000 per withdrawal and takes 24–48 hours to process.
Different withdrawal methods have different caps, so choosing the right one matters for large payouts. PayPal lets you withdraw up to $60,000 per transaction and usually pays out in 3–5 days, while Checks allow up to $50,000 but take 5+ days to arrive by mail. Debit Card and Apple Pay are faster—often under 24 hours—but max out at $25,000 per transaction, and Venmo caps at $20,000. For instance, if you want to withdraw $40,000 quickly, you cannot use Debit Card or Venmo, but you could split it into two $20,000 Venmo payments over two days or use Online Banking for the full amount at once.
If you prefer getting cash immediately, Cash @ Cage at partnered casinos lets you withdraw up to $100,000 in person, often within an hour of visiting the cage. For example, if you win $75,000 at a sportsbook in New Jersey, you can go to the casino cage with your ID and receive the cash the same day. In Canada, Interac withdrawals are limited to $10,000 per transaction and arrive in 1–3 days, so larger Canadian payouts would need multiple transactions or a different method.
There is no overall lifetime withdrawal limit on DraftKings, so you can keep withdrawing as long as you have withdrawable funds in your account. You might receive a $10,000 bonus bet that converts to $8,000 in withdrawable cash after wagering, and then withdraw that $8,000 via PayPal. If you accumulated $150,000 in winnings, you could withdraw $100,000 via Online Banking today and the remaining $50,000 tomorrow, or use Bank Wire for the full $150,000 in one go since it has no maximum.
DraftKings also sets minimum withdrawal amounts that vary by method, starting as low as $1 for Online Banking, PayPal, Debit Card, Trustly, Apple Pay, and Venmo. Checks require at least $15, and Bank Wire requires $20,000 as the minimum. For example, if you only have $10 in your account and want to cash out, you cannot use Bank Wire or Check, but you can easily withdraw the full $10 via PayPal or Online Banking. Always check the withdrawal screen in your DraftKings account for the exact limits available in your state, since some rules can vary by location and change over time.
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