SportsMillions Withdrawals | How to Cash Out on SportsMillions

Mike McKean
|
Last Updated on Sun Mar 09 2025
Reviewed By: James Leeland

Making a SportsMillions withdrawal is possible, but the process is different from what you’ll find at a regular online sportsbook. Instead of cashing out, you redeem Sweepstakes Coins for real money prizes using one of the platform’s supported payment methods.SportsMillions Withdrawals | How to Cash Out on SportsMillions

Despite the platform’s distinct approach to withdrawals, you’ll have no issues making a request. You just have to ensure you’ve met the necessary terms and conditions, and you’re good to go. Plus, we are here to guide you through the entire process, so read on, as we’ll cover everything about making SportsMillions redemptions.SportsMillions Withdrawals | How to Cash Out on SportsMillions

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SportsMillions Withdrawals | How to Cash Out on SportsMillions

The first thing to note about how SportsMillions works is that this is not your regular online casino or sportsbook. It is a sweepstakes brand, meaning that it operates under different rules. One of these rules is that it doesn’t pay out. Likewise, you won’t need to deposit actual funds to claim bonuses, make sports picks, or play casino games.

Instead of real funds, you get two types of virtual currencies:SportsMillions Withdrawals | How to Cash Out on SportsMillions

  • Gold Coins (GCs): Gold Coins are very similar to the free virtual options you use to play demo games. They can only be used for gaming and betting sessions — nothing more. You receive them through various promotions, or you can buy them (purchases are optional).
  • Sweeps Coins (SCs): On the other hand, Sweeps Coins are valuable. You also use them to make picks and play games, but you can redeem them for real prizes. They’re unavailable for purchase, but you often get them as bonuses when buying GCs.

From this, you can easily tell that the key to making a SportsMillions withdrawal lies with Sweeps Coins. You accumulate enough of these virtual currencies and meet playthrough requirements, and you can request to exchange them.

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SportsMillions Withdrawals | How to Cash Out on SportsMillions

Since Sweeps Coins are what you need for redemption, you need to learn how to gather them. Thankfully, you can receive them for free when you claim various bonuses and promotions. We’ll provide an overview of these offers in the table below before going into more detail about how they work:

ActionReward (SCs)
Create a new account3 SCs
Log into your account daily0.25 SCs
Purchase Gold CoinsVarying number of SCs
Refer new players70 SCs
Make a request4 SCs
Participate in tournamentsVarying number of SCs

SportsMillions Withdrawals | How to Cash Out on SportsMillions

Signing up is the first thing you must do if you want to enjoy SportsMillions’ offerings. Doing this gets you 3 Sweeps Coins in addition to 1,000 Gold Coins. You don’t have to enter a special promo code to activate the bonus — the offer is yours once you complete the registration and verify your phone number.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

0.25 Sweeps Coins and 6,000 Gold Coins are yours to claim every day you log into your account. Do this consecutively for seven days, and you will have up to 1.75 SCs and 42,000 GCs, which are more than enough virtual currencies for your gaming and betting sessions.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

Remember that we mentioned that you often get Sweeps Coins as a bonus when you buy Gold Coins. The exact number of SCs you get depends on the package you get. SportsMillions will specify it on the payment page, so you’ll know the total you’ll receive once you make the transaction. Keep in mind that purchases are optional.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

Like many other social betting sites, SportsMillions has a referral program. It works by offering you 15,000 GCs and 70 SCs for every new player you refer to the platform. However, this player must register with the code and make a GC purchase before you can get your bonus.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

Making a request is another common way of getting Sweepstakes Coins. If you opt for this, you’ll receive 4 SCs from the operator. The catch is that the request process is usually lengthy, taking several weeks. Plus, you must be very careful when writing the request, as a single mistake can prevent you from getting the bonus.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

SportsMillions holds tournaments regularly. Each contest has its own terms and conditions, but they often revolve around racking up points through gaming or betting sessions. The more points you have, the better your position on the leaderboard and the higher your potential prize. Just ensure that the prize to be distributed is SC and not GC.

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SportsMillions Withdrawals | How to Cash Out on SportsMillions

We’ve covered the basics of how Sweeps Coins are what you need for redemption. However, before making a request, you must note the following:

  • Playthrough requirements: SportsMillions has a 2x playthrough requirement, which means you must play with your coins and then redeem your winnings.
  • KYC verification: This is a compulsory process you must undergo before making your first redemption. You complete it by submitting copies of documents that prove your identity and show your address.
  • Minimum and maximum limit: You need at least 75 SCs for cash redemptions; it’s 10 SC for gift cards. The maximum limit is $10,000 daily, except for those in New York and Florida, where the highest redeemable amount is $5,000 daily.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

Making a redemption request at SportsMillions is a walk in the park. Once you’re logging in, navigate to the redemption page and make a request. Below is a more detailed breakdown of how to go about this:

  1. Log into your SportsMillions account.
  2. Tap the “redeem” icon in your profile section.
  3. Choose if you want cash or gift cards.
  4. Enter the number of Sweeps Coins you want to exchange.
  5. Fill in your payment details and submit your request.

During our SportsMillions review, we learned that you get your cash prize within two to five days of making a request. The wait time for gift cards is much shorter, taking just 24 to 48 hours.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

As long as you meet the necessary requirements, you won’t have any issues completing the SportsMillions redemption process. Still, here are a few tips to ensure everything goes smoothly:

📝 Complete KYC immediately after signing up

SportsMillions allows you to delay the KYC verification until you’re ready to redeem SCs. However, I recommend going through this immediately after signing up. This way, you know that KYC is done and dusted, and you won’t have to worry about extra verification time.

💰 Don’t horde Sweeps Coins

Players often gather as many Sweeps Coins as possible without using them to make sports picks or play games. While nothing is wrong with this approach, you must always remember the 1x playthrough requirement. So, no matter how many SCs you have, you can’t exchange them without satisfying the playthrough criterion.

📅 Make your request early in the week

SportsMillions tends to process redemptions faster during weekdays than on weekends. So, the best time to make a request and get your prizes faster is during the early days of the week, like Mondays and Tuesdays.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

Everything about the SportsMillions redemption process is simple, and this is a plus. However, we noticed some downsides. Though these drawbacks are not too significant, it’s best to keep them in mind. We’ve mentioned them below:

SportsMillions: Pros & Cons
SportsMillions: Pros & Cons
  • Low minimum redemption limit
  • High maximum limit
  • Fast and easy redemption process
  • Supports gift cards
  • Longer wait time for prizes

SportsMillions Withdrawals | How to Cash Out on SportsMillions

So you can see how easy it is to redeem your Sweeps Coins for real prizes at SportsMillions. There are terms and conditions to note, but these are not challenging. You just have a 1x playthrough requirement and KYC verification (only if it’s your first time making a request). Once you’ve satisfied these terms, navigate to the redemption page and request an exchange in no time.

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SportsMillions Withdrawals | How to Cash Out on SportsMillions

SportsMillions Withdrawals | How to Cash Out on SportsMillions

The SportsMillions withdrawal rules are mostly meeting the playthrough requirements, having enough SCs, and completing KYC verification. For playthrough requirements, it’s just 1x and usually applies to all SCs, including those you get from bonuses. Meanwhile, KYC requirements are usually necessary just before the first request.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

No, you don’t directly get real money from SportsMillions. Instead, you exchange Sweeps Coins for real money prizes. This is because of the sweepstakes model that prevents such sites from accepting deposits or approving withdrawals.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

No, you can’t withdraw bonuses at SportsMillions. Remember that most bonuses come with Gold Coins and Sweeps Coins. Gold Coins are strictly virtual and can’t be used for anything else besides placing bets and playing games. You can redeem Sweeps Coins, but only after meeting the 1x playthrough requirement.

SportsMillions Withdrawals | How to Cash Out on SportsMillions

No, KYC is not compulsory before every SportsMillions withdrawal. You usually have to deal with this process only before you make your initial redemption request. If extra checks are necessary before subsequent redemptions, the platform will notify you and provide reasons why.

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SportsMillions Withdrawals | How to Cash Out on SportsMillions