Withdrawing your winnings should feel just as straightforward as placing a bet. Whether you’re cashing out online or collecting funds in person, MyWinners offers a range of secure, state-approved withdrawal options designed to keep the process clear, compliant, and reliable.
Once you’ve placed your bets and scored a win, you can choose the withdrawal method that suits you best—online or, at select locations, in person at a Winners venue.
Withdrawals From MyWinners: What To Expect
MyWinners supports multiple withdrawal methods depending on your state, account status, and how you originally deposited funds. All withdrawals go through a standard review process to protect your account and meet regulatory requirements, so timelines are transparent and predictable.
Available Withdrawal Methods
Available Withdrawal Methods
Depending on your account settings, location, and deposit method, you can choose from:
ACH/E-Check – Direct transfer to your bank account (most common method)
Check by Mail – Physical checks sent to your registered address
Wire Transfer – Best for larger withdrawals (may involve fees and ID verification)
Prepaid Cards – Some site-branded or Visa/Mastercard prepaid cards support withdrawals
In-Person at Retail Venue – Available at all Winners locations for verified accounts. Find out more here.
Venmo – You can withdraw your winnings via Venmo — but only after you’ve made at least one successful deposit using Venmo first.
NOTE: Not all methods may be available in every state or for every account.
Processing Times
Processing Times
ACH: 1–3 business days after approval
Wire Transfer: 1–2 business days (fees may apply)
Check: 5–10 business days depending on mail
In-Person Cashouts: Usually while you wait, once verified
Prepaid Cards: 1–3 business days if eligible
Venmo – 1 to 2 business days
NOTE: All withdrawals are subject to an internal review process for fraud prevention, which can add a short delay.
Verification Requirements
Verification Requirements
Before your first withdrawal, or for larger amounts, you may be asked to complete one or more of the following:
Identity confirmation using a government-issued ID
Completion of a W-9 tax form if cumulative winnings exceed IRS reporting thresholds
Proof of bank account ownership or address verification
These checks are standard across regulated US betting platforms and help ensure withdrawals are processed safely and correctly.
💡 Did You Know? If you deposited with a credit card, you can’t withdraw back to the card. You'll need to use ACH, a check, or another approved method.
Frequently Asked Questions
What’s the fastest way to withdraw money from MyWinners?
What’s the fastest way to withdraw money from MyWinners?
ACH transfers are the quickest for most users, with funds usually landing within 1–3 business days after approval.
Are there fees for withdrawing money from MyWinners?
Are there fees for withdrawing money from MyWinners?
MyWinners doesn’t charge withdrawal fees, but wire transfers and check requests may incur fees from your bank.
Why do I need to verify my identity before my first withdrawal?
Why do I need to verify my identity before my first withdrawal?
To comply with federal and state regulations, identity verification is required before processing your first payout.
Can I pick up my winnings in person at a Winners retail venue?
Can I pick up my winnings in person at a Winners retail venue?
Yes, but only at participating locations and for verified users. Limits may apply, and you’ll need ID. Find out more here.
Why is my MyWinners withdrawal still pending?
Why is my MyWinners withdrawal still pending?
Withdrawals may be pending due to internal reviews, document checks, or banking holidays. Check your account notifications or contact support.
What's a W-9 tax form?
What's a W-9 tax form?
A W-9 tax form is an IRS withholding form that you may need to complete when betting with us.
You'll typically be asked to fill out a W-9 form in these situations:
Before your first withdrawal - if your cumulative winnings exceed IRS reporting thresholds
When cashing large winnings at our venues - depending on the amount won
When opening an account in person at a Winners location
The W-9 form helps us comply with federal tax reporting requirements and ensures proper documentation of your betting activity for tax purposes.