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Prizepicks Promo Code: How To Claim Your Play $5, Get $50 Sign Up Bonus

By: Ben Hayes Updated 06/04/2026, 03:06 PM ET
Fact Checked by Devin Erickson-Sheehy
Prize Picks
  • Pick’em lineups from 15+ sports
  • Flex and Power Play formats for risk control
  • Free-to-play PrizePicks Streak contest
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Our PrizePicks review covers everything you need to know about the platform, but this page zeroes in on the promotions that make signing up worthwhile. PrizePicks operates as a daily fantasy sports site built around predicting whether selected athletes will go More or Less on designated stat lines, and the welcome offer gives new players a strong head start.

The current welcome offer awards $50 in lineup credits once you submit your first $5 entry. To claim it, enter the PrizePicks promo code during registration. Beyond that, I also came across several recurring promos for existing players, including Taco Tuesday, Flex Friday, and a referral program. In this review, I outline how each of these PrizePicks promotions works and share actionable advice to help you maximize every bonus opportunity. If you enjoy player prop-style contests, it's also worth browsing the best DFS sites to compare what else is available in the space.

PrizePicks promos for new and existing bettors

PrizePicks sign-up offer

When you create a PrizePicks account, you'll get five $10 Bonus Lineups once you play your first lineup worth $5 or more, giving you $50 in total to begin with. This offer is a PrizePicks deposit bonus, so you'll need to deposit and play $5 to get it. You'll also need a valid PrizePicks promo code from the site to claim the offer. This is slightly different from OwnersBox, which doesn't require you to enter any OwnersBox promo code to claim.

Although PrizePicks is available in 45 US states, the PrizePicks Real Money Game is only open to bettors who are at least 18 years old in Alaska, Arkansas, California, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maine, Minnesota, Missouri, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Wisconsin, West Virginia, Wyoming, and the District of Columbia. You have to be 19+ in Alabama and Colorado, and 21+ in Arizona, Massachusetts, and Virginia.

The Streak (Free Play) mode is available to residents aged 18 and above in Connecticut, Maryland, Michigan, Mississippi, New Jersey, New York, Ohio, Pennsylvania, and 21 and above in Iowa and Louisiana.

Don't miss out on PrizePicks' weekly promos
Start your DFS journey with PrizePicks

PrizePicks Taco Tuesday

PrizePicks may not serve tacos, but it definitely serves up flavor every Tuesday with one of its most popular recurring deals: Taco Tuesday. Each week, the DFS site slashes several player projections by about 15% to 25% of the original line, replacing their usual headshots with a taco image.

For instance, you might see a star player's points total fall from 30 to 25.5, making the "More" option even more rewarding. Bettors get to vote on these Taco discounts via the Members-only Discord or the official PrizePicks X page. After voting, the most popular discounted projections become available about 30 minutes later, allowing you to add them to your lineup. For expert NBA analysis to inform your picks, check out our NBA predictions page.

If you're feeling this promo, don't just sit back; get involved. Join the Taco Tuesday action by following PrizePicks on X and hopping into the members-only Discord to help vote on which players and stats get discounted each week. And just so you know, you don't need a promo code to join in; just like regular bettors don't need a DraftKings Fantasy promo code for the sportsbook's ongoing offers.

PrizePicks Flex Friday

Every time Friday rolls around on PrizePicks, I can't help but think: thank PrizePicks, it's Friday. That's because the end of the week comes with a nice payout boost. All you have to do is opt in from the Promos tab and use your Flex Friday Payout Boost to get up to 40% higher payouts on Fridays. Just build a lineup with at least three picks, choose "Flex Play" in the lineup builder, and make sure the "Promotions" box is checked to activate your boost.

Anyone who's made at least one deposit before Thursday at 11:59 p.m. ET automatically gets the Flex Friday Boost added to their Promos tab. Once you've received it, you'll continue getting one every Friday. Just remember, Flex Friday isn't a cashback offer. Hence, if your lineup loses, it settles normally; however, if it wins, you'll enjoy a 40% payout boost. And no, you won't need any promo code, same way no FanDuel fantasy promo code is needed for its ongoing offers.

Referral promo

Who doesn't love a good referral promo? PrizePicks makes it super easy to get one. Share your unique referral code with friends, and you'll get $25 in Promo Funds each time someone signs up using your code and makes their first deposit. You can rack up this referral promo up to 10 times within 30 days.

To find your code, tap the "Get $" tab at the bottom of the mobile app or click "Invite Friends" at the top right of the web version. And remember, the only PrizePicks promo code you need for this offer is your very own referral code, so don't forget to share it.

How to sign up on PrizePicks – Get your promo code ready

When I decided to join PrizePicks, I made sure to grab my PrizePicks promo code from the site first to qualify for the exclusive welcome offer. The signup process was quick and easy. Here's exactly how you can do it too:

  1. Click the banners on this page to head over to PrizePicks.

  2. Tap the Sign Up button.

  3. Download the PrizePicks app from the Google Play Store or Apple App Store.

  4. Install and open the app.

  5. Enter your email and the promo code found on the DFS site.

  6. If you don't have one, check the box to let the site generate a valid promo code instantly.

  7. Click Next, then enter your personal details (name, date of birth, and password) exactly as they appear on your ID.

  8. Check the box to confirm you've reviewed and accepted PrizePicks' terms of service and privacy policy.

  9. Finally, click Create Account.

Once your account is set up, make a deposit using Visa, Mastercard, Discover, American Express, PayPal, or other available methods to qualify for the PrizePicks welcome offer. Since there's currently no PrizePicks no deposit bonus, be sure to deposit and play at least $5 to get the $50 bonus in lineups.

Top tips for making the most of the PrizePicks bonus for US players

If you want to get the best out of your PrizePicks promo, whether you're new or a regular, a few simple strategies go a long way. Here's what I do:

📜 Read the Site's Terms of Service

I always start by reviewing the terms of service on any site; it keeps you informed and helps you avoid unpleasant surprises. On PrizePicks, for instance, lineup cancellations are only allowed in specific cases: within five minutes of submission, if no athletes in your lineup have started, if only DNP (Do Not Play) athletes' games have begun, if the entry fee is $5 or higher, or if your lineup includes only full-game athlete selections. It's also your responsibility to stay updated, so make it a habit to check the TOS every now and then.

📱 Download the PrizePicks App

Sure, you can play on the desktop, but the app makes predictions way easier. Grab it from the Google Play Store or Apple App Store to make picks, claim offers, and track promos on the go.

🎟️ Get the PrizePicks Promo Code from the Site

Forget hunting around the internet for codes. The safest way to claim the exclusive PrizePicks welcome offer is by getting your promo code directly from the site. That way, you're guaranteed the full offer, as long as you meet the requirements.

🔔 Enable Notifications

PrizePicks regularly runs promos you won't want to miss. Turn on push notifications in the app and keep an eye on your email, so you're always first in line for the latest offers.

💬 Contact Customer Support

If you're new, aspects like verification and payment options may seem confusing. Don't stress, instead hit up the live chat in the app. During my review, I got a helpful response in under a minute. Quick, accurate support like this makes everything smoother, so I highly recommend using it.

Why you should play at PrizePicks
PrizePicks is available in most U.S. states

Fast facts about PrizePicks promo offers

Here's a quick guide to help you make the most of PrizePicks promos:

Do I need a PrizePicks bonus code to claim the welcome offer?Yes. You’ll need a PrizePicks bonus code to claim the exclusive welcome offer. No hunting needed though; you’ll find it listed on the PrizePicks website.
Where can I get the promo code for the PrizePicks deposit offer?You can find the promo code for the PrizePicks welcome offer directly on the site. Grab the code during signup to receive $50 in lineups after playing your first $5 lineup.
Who qualifies for PrizePicks promos?You have to be at least 18 years old in most states, while a few states require ages 19-21. Make sure you meet your state’s age requirement before claiming any offer.
Is there a PrizePicks no deposit offer for new bettors?No, PrizePicks doesn’t currently offer a no deposit promo for new bettors. You’ll need to make a deposit and play your first $5 lineup to qualify for the welcome offer.

Author's verdict – Grab a PrizePicks promo code to claim the welcome offer

PrizePicks offers new bettors a welcome offer: Play $5, Get $50 in Lineups. To claim it, enter a valid promo code from the DFS site or grab one instantly during the signup process.

Existing bettors aren't left out either. PrizePicks offers regular promotions, including Taco Tuesday, Flex Friday, and a referral promo. Taco Tuesday lets you vote via X or the members-only Discord to select player projections that receive a 15–25% discount, giving you a better "More" option. Flex Friday boosts payouts by 40% every Friday, while the referral promo rewards you with $25 in Promo Funds for each friend who signs up using your code.

To get the most out of these offers, make sure to read the site's terms, download the app, use a promo code from PrizePicks, enable notifications, and reach out to customer support whenever you need help.

Want to give PrizePicks a try? You can start playing and claiming promos right away by clicking the banners on this page. For an additional DFS optios, explore our  ParlayPlay review. For daily expert picks to inform your contest selections, check out our best bets page. For sport-specific analysis, explore our NFL predictions and MLB predictions. For player-specific betting insights, explore our props section.

PrizePicks promo code FAQs

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What is the welcome offer on PrizePicks?

As a new bettor, you can claim a welcome offer of $50 in lineups when you play your first $5 lineup. To get this offer, you'll need a valid promo code from the DFS site.

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Is there a PrizePicks app to claim promos?

Yes. PrizePicks has a dedicated mobile app available on the Google Play Store and Apple App Store, letting you access promos and make picks on the go.

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What are the top tips to make the most of your welcome offer on PrizePicks

To get the best out of your promo, make sure you read the site's terms and conditions, download the app, grab the promo code directly from PrizePicks, enable notifications, and reach out to customer support whenever you need assistance.

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