DraftKings - Withdrawing to PayPal Vault - Overview (US)

The PayPal Vault feature is a withdrawal option that allows you to use your saved PayPal information with DraftKings to have a seamless withdrawal experience.

You only need to sign in once with your PayPal account and deposit to DraftKings, and then the PayPal information will be saved and available for future transactions.

Timing

PayPal withdrawals typically take at least two (2) business days.
To view the most up-to-date status for your withdrawal, please visit the withdrawal tracker.

Requirements

A prior PayPal deposit to DraftKings from your individual PayPal account.
A verified, personal PayPal account that matches your associated DraftKings account information, with an existing PayPal balance on file.
The PayPal account used for withdrawals must be in your name.
PayPal Business accounts aren’t accepted for deposit or withdrawal on DraftKings.

Limitations

PayPal withdrawal amount cannot exceed sixty thousand U.S. dollars ($60,000) per transaction.
DraftKings does not permit the use of business accounts.
PayPal is not permitted in all jurisdictions.

Contacting PayPal

PayPal phone support: 1-888-221-1161
PayPal Customer Online Support

Frequently asked questions

Can I save my PayPal account information without making a deposit?

No, you need to deposit with your PayPal account once in order to save your PayPal account information to your DraftKings account and in order to use this method to withdraw. Once you've made your first deposit to DraftKings with your PayPal account, they will be able to use the PayPal Vault.

How do I change the default funding source for my PayPal account?

You can change the default funding source for your PayPal account by following the steps below:

Go to Menu on PayPal.
Click Your Wallet .
Click Online Purchases
On this page, you can update your preferred payment method.

How do I unlink my PayPal account from my DraftKings account?

You can unlink your PayPal account by following the steps below:

Go to Settings on PayPal.
Select Payments.
Select Manage automatic payments.
Select the merchant or store you want to change.
Select "PayPal as Payment Method" and follow the instructions.
Once canceled, you will no longer see your PayPal account linked to your DraftKings account

You can learn more on how to unlink your PayPal from this PayPal Help Center article.

Can I link more than one PayPal account to the PayPal Vault?

No, you can only link one PayPal account to your DraftKings Account via the PayPal Vault.

Is withdrawing via PayPal available in all jurisdictions?

Due to regulatory requirements, withdrawal via PayPal is not permitted in all jurisdictions. Please contact the DraftKings Customer Support Team if you have any questions about which options are available in your jurisdiction.