The Basics of Sweepstakes Prize Redemptions

You can’t make real-money wagers at sweepstakes sites in the US, such as LoneStar Casino and Zula Casino. That means you can’t win cash prizes from the wagers you make.

What you can do, however, is wager Sweeps Coins that are redeemable for prizes. That’s why sweepstakes casinos are legal in over 30 US states, including those where real-money gambling isn’t regulated.

Gold Coins vs. Sweeps Coins

Gold Coins are the base currency for all sweeps casinos. They don’t have any value, but they allow you to play hundreds of slots and table games without risking any money.

What you can’t do with Gold Coins is convert them to prizes. That’s where Sweeps Coins come in. You earn Sweeps through purchase bonuses, no deposit promotions, and by winning them.

Once you’ve got enough Sweeps Coins, you can redeem them for cash prizes, gift cards, and in some cases, cryptocurrency. This is legal because it falls within the remit of US sweepstakes gaming laws.

That’s why sweepstakes casinos are the ideal alternative to real-money gambling sites in the majority of US states.

The Value of Sweeps Coins

In almost all cases, Sweeps Coins have a 1:1 value with USD. That means a single Sweeps Coin is worth $1.

So, let’s say you’ve got 100 Sweeps and have completed the necessary wagering requirements. You can redeem them for a prize worth $100.

Now that’s clear, here’s how to turn your Sweeps Coins into prizes.

How to Redeem Sweepstakes Prizes

Step 1: Meet the Minimum and Maximum Requirements

In a perfect world, you’d be able to redeem as many or as few Sweeps Coins as you want. The reality is that there are minimum and maximum redemption limits.

The average minimum redemption limit is 100 Sweeps if you want cash prizes. This is the case at Sweeps Royal and Spree Casino.

Other popular sweepstakes casinos have lower redemption limits. For example, the minimum redemption at Ace.com is 75 Sweeps, and at Sportzino Casino, it’s 50 Sweeps.

The minimum redemption for gift cards is lower. In most cases, you can redeem 50 Sweeps Coins for gift cards. At Spree Casino, you can get gift cards for as little as 10 Sweeps.

The maximum daily redemption limit is 10,000 Sweeps. The only exception to this rule is sweepstakes casinos in Florida. State law restricts the maximum redemption to 5,000 Sweeps Coins per day.

Step 2: Account Verification (KYC)

The second step in redeeming prizes at sweepstakes casinos is account verification. To comply with US gaming regulations, you must pass a Know Your Customer (KYC) check before redeeming Sweeps.

A KYC check does two things: it verifies your identity, which, in turn, shows your deposits come from a legitimate source. This helps reduce the risk of fraud and ensures the casino operator doesn’t infringe financial laws, such as money laundering.

You’ll need to upload copies of these documents to pass a casino’s KYC check:

You can make redemptions without resubmitting your documents (unless it’s an exceptional circumstance) after they’ve been reviewed and your account has been verified.

Step 3: Submit Redemption Request

Once you’ve earned enough Sweeps Coins and completed the KYC checks, it’s time to request a redemption. That’s the easy part, as long as you’re using a high-quality sweepstakes casino.

Zula Casino et al have turned this into a four-step process to ensure newbies and experienced players alike can get the prizes they want.

Before we walk through the four steps, it’s time to reveal an important point that people often overlook. Redemptions are only possible once you’ve hit a playthrough target.

Playthrough target is another term for wagering requirements. The playthrough on Sweeps Coins is 1x at all of the best sweepstakes casinos online. That means you need to wager your Sweeps Coins at least once before they can be redeemed.

When you’ve done that, you can convert them to prizes by following these four steps:

  1.     Tap the “redeem” button (this is usually in the top right of the screen).
  2.     Choose your redemption option: cash or gift card.
  3.     Enter the number of Sweeps Coins you want to redeem.
  4.     Confirm the transaction.

After confirming your transaction, the request gets processed and paid after being authorized.

Step 4: Receive Payout

The time it takes to receive your prize depends on your chosen sweeps casino and redemption method. In general, gift card redemptions are processed faster than cash prizes.

However, even within these areas, the time it takes to receive your prize can vary. Here’s a general overview of the average prize redemption times at sweepstakes online casinos:

Redemption MethodTimeframe
Gift Card (sent via email) Within 24 Hours (instant in most cases)
Bank Transfer 1-5 Days
Debit Card 1-3 Days
PayPal (+ alternative eWallets) 1-3 Days

The times listed don’t include an internal processing period. Most top-rated US online sweepstakes casinos take between 24 and 48 hours to process redemption requests.

In some cases, it can take up to 72 hours, especially if you’re trying to redeem a large number of coins (1,000+).

Common Issues and Solutions

Things tend to run smoothly when you use legit sweepstakes casinos and follow the steps we’ve outlined. However, as it is in life, things can go wrong.

Here are some of the common issues with redeeming Sweeps Coins and how to fix them:

The IssueThe Fix
KYC problems Make sure the personal details registered on your account match those on your ID.
Rejected payment request Redemptions must fall within the casino’s minimum and maximum limits.
Delayed payments Check the payment details you’ve entered (e.g., bank account number) to make sure they’re correct.
Sweeps Coins are not available for redemption You can only redeem Sweeps Coins once you’ve hit the playthrough target, which is usually 1x their value.
Loss of access Sweeps gaming is an evolving market, so make sure casinos are legal in your state.

Exceptions to the Rule

The standard way to redeem Sweeps Coins is to claim cash prizes and gift cards. However, there is a small but growing exception to this rule: cryptocurrency redemptions.

Casinos such as Stake.us have embraced the cryptocurrency craze by processing a variety of tokens, including Bitcoin. As well as offering crypto purchases, this new generation of sweepstakes casinos allows you to redeem crypto prizes.

Everything we’ve discussed so far, including wagering targets and minimum/maximum limits, applies to crypto redemptions. The main difference is the way you receive your prizes.

You need a crypto wallet, such as MetaMask or  Ledger Nano X, to receive prizes. Then, instead of entering a bank account number or email address (for eWallets), you enter a wallet code. Do that, and your prize should land in your crypto wallet within minutes.

Sweepstakes Prizes Redemption Process FAQ

How long do redemptions take?

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The average redemption time at sweepstakes casinos in the US is one to five days. In most cases, gift card redemptions are processed instantly once a casino’s security team has completed its checks. Cash prizes are usually transferred to your bank account, debit card, or eWallet within a few days.

What is the minimum number of Sweeps Coins needed?

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Every sweepstakes online casino has its own minimum redemption limit, but the average ranges from 10 to 50 Coins for gift cards and 50 to 100 coins for cash prizes. The fastest way to redeem Sweeps Coins is through gift cards. This is also the best way for recreational players to convert Sweeps to prizes because the minimum redemption is low.

Can I redeem prizes outside the U.S.?

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No, you can only redeem Sweeps Coins for prizes in the US. More specifically, you need to be in a state that allows online sweepstakes casino gaming. You can check out our learning hub to learn more about sweepstakes gaming and where it’s legal.

References

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Daniel Smyth

Sweepstakes Content Expert 14 Articles

Daniel Smyth has been an authority on all forms of betting and gaming for over 15 years. Starting in the poker world as a player and writer, he now focuses on educating people all aspects of iGaming.

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