All customers who register for Draftkings regardless of the product are granted a limit, with some instances based on the jurisdiction and/or product.
Deposit Limits are the maximum amount a customer can deposit during a set time period. All customers (except those in MA, MD, TN, & the UK) start with the following limits.
- $20,000 Daily (From 00:00 UTC - 23:59 UTC).
- $60,000 Weekly (From Sunday - Saturday).
- $60,000 Monthly (From the 1st of the month to the 1st of the next month.
Documentation requirement details:
- Bank Statements: PDF version or picture of physical copy needed. Statements need to be a personal account, full statement, and nothing can be redacted or as a screenshot.
- Business accounts: Are not accepted in any circumstances.
Note: Please refer to the below chart’s validity column for each tier. This gauges how long the documents that’ve been uploaded are valid for during limit alterations.
|Daily Limit||Weekly/Monthly Limit||Required Documentation||Validity|
|1||Up to $15,000||No formal requirements - (as needed)||No Expiration|
|2||Up to $60,000||Up to $60,000||Bank statement (most recent month)||12 Months for All Products (if applicable)|
|3||Up to $120,000||$60,000-$120,000||Bank statement (most recent month) AND recent pay stub||9 Months for All Products|
|4||Up to $250,000||$120,000-$250,000||Past three months bank statement AND recent pay stub||
|5||$250,000 & Above||$250,000 & Above||Past three months bank statements AND recent pay stub||