Withdrawing to Venmo - Overview (US)

Timing

Requirements

  • An ID verified personal Venmo account that matches your associated DraftKings account information, with an existing balance on file is required.
  • An initial deposit to DraftKings from your personal Venmo account is required.
  • The first deposit must be completed via DraftKings app or mobile web.

Limitations

  • Venmo withdrawal amount cannot exceed $20,000.
  • DraftKings does not permit the use of business accounts.
  • Venmo is not permitted in all jurisdictions. 

Contacting Venmo

Frequently asked questions

Is withdrawing via Venmo available in all jurisdictions?

Due to regulatory requirements withdrawing via Venmo is not permitted in all jurisdictions. Please refer to your DraftKings Account Withdrawal page if you have any questions about what options are available in your jurisdiction.

How do I find my transaction information on Venmo?

How do I move funds from my Venmo balance to my bank account?