Cashing Out

DraftKings Oregon Withdrawals


Withdrawing from DraftKings Oregon is straightforward but slower than depositing. PayPal is the fastest path. Larger wins trigger the Oregon Lottery's 8% withholding, and account verification is required before your first withdrawal.

  • PayPal~24 hours
  • Debit Card24–72 hours
  • Bank Transfer2–5 business days
  • Play+ PrepaidInstant
  • Min Withdrawal$1
  • State Withhold8% above $1,500

How to Request a Withdrawal

  1. Open the DraftKings app and tap your profile icon
  2. Select Withdraw
  3. Choose the withdrawal method (must match a deposit method you've used)
  4. Enter the amount and confirm
  5. DraftKings will process the request — typically within hours; bank-side processing then takes the remaining time

Account Verification (First Withdrawal)

Before your first withdrawal, DraftKings must verify your identity. If you haven't already, you'll be asked to upload:

  • Government photo ID (driver's license or passport)
  • SSN (full, not last-4)
  • Possibly proof of address if your ID address differs from your registered address

Verification is one-time; subsequent withdrawals don't require it.

Oregon-Specific Tax Withholding

The Oregon Lottery requires DraftKings to withhold 8% on any individual payout (single bet's winnings) of $1,500 or more. The withheld amount is credited against your state income tax bill at filing time. Additionally, federal law requires 24% withholding on payouts of $5,000+ that exceed 300x your wager.

Example: You win a $2,000 payout. DraftKings withholds $160 (8% of $2,000) for Oregon and remits it to the state Lottery. You receive $1,840 — and at tax time you'll see the $160 as a state tax credit on your W-2G form.

Method-by-Method Details

PayPal — Fastest

Withdrawals to PayPal typically settle within 24 hours, often within the same day. PayPal is the fastest available option in Oregon. Read more on PayPal in Oregon.

Debit Card — Most Common

Withdrawals to debit card take 1–3 business days. Some banks (Chase, BofA) are faster than others (smaller credit unions). Read more on debit card payments.

Online Bank Transfer (ACH)

Direct bank transfers take 2–5 business days. Slowest method but no fees and unlimited amounts.

Play+ Prepaid Card

Instant withdrawals back to your Play+ card. You can then use Play+ wherever Mastercard is accepted, or transfer to your bank account separately. Withdrawal limits to Play+ are usually $2,500 per transaction.

Wire Transfer

For withdrawals over $25,000, wire is required. Fees apply ($25–50 on the bank side). 1–2 business days.

Common Withdrawal Issues

  • "Pending verification" — usually fixed by uploading clearer ID photos in Account → Documents
  • Withdrawal canceled / reversed to balance — if you wager any bet after requesting, DraftKings may auto-cancel the pending withdrawal
  • Method not available for withdrawal — you must have deposited via that method first (anti-money-laundering policy)