Making a play of just $5 or more in a contest on PrizePicks can land you a sweet $50 in bonus funds, and for daily fantasy fans, that's a deal you absolutely need to know about. This isn't some tiny perk; we're talking about a significant boost to get you started on one of the leading DFS apps out there.
How to Cash In on This $50 Bomb
So, how do you get in on this? It's straightforward, and honestly, that's part of what makes it so good. For July 2026, PrizePicks is handing out $50 when you make a $5 play. The best part? There's no special promo code required. Seriously, none. Just make that qualifying play. You can get signed up if you're of legal age in one of the 45 states or Washington D.C. where PrizePicks operates. Deposit methods are super flexible too, taking PayPal, Venmo, Bank Account, Apple Pay, or Credit/Debit Card. A quick heads-up on age requirements: most users need to be at least 18, but Alabama and Colorado require 19, and Arizona, Iowa, Louisiana, and Massachusetts need you to be 21. When you're ready to jump in, hit up PrizePicks.com and look for the "Claim Your $50 Now" button. Make sure your location services are enabled so they can verify you're eligible to play. Once your account is set up and you've made a deposit of at least $10, just submit your first lineup for at least $5. Then, boom, PrizePicks drops $50 in promo funds right into your account. It's that easy. For comparison, Underdog also has a similar $50 bonus for playing $5 in fantasy entries, so this kind of offer is definitely a heavy hitter.Diving Into the Pick 'Em Action
Once you're in, playing on PrizePicks is pretty intuitive. They offer three different types of contests, but the one you'll probably hit first is Pick 'Em. This bad boy is available in 19 states plus D.C. In Pick 'Em, you select two to six player statistics and predict if the player will go "More" or "Less" than the projected number. Think points, rebounds, assists, you name it. Just tap the Board button in the app, pick your sport, and start building your entry. Say you're looking at NBA picks; you'll see a bunch of player options and stat categories. You just decide if they're hitting more or less than the line. It's a quick, fun way to get invested in the daily action without the deep dive of traditional fantasy. Don't sleep on this. Getting an extra $50 just for dipping your toes in a $5 contest? That's a no-brainer. Go check out PrizePicks.com, claim your $50, and get your lineup set for the next round of action.This article was created with AI assistance and reviewed by Seattle On Tap editorial staff. Always verify information with official team sources.