Welcome Bonus

PrizePicks is pushing a strong new-player deal that turns a small first entry into immediate extra lineups to play. If you’ve been waiting to try the daily fantasy pick’em format—where you choose 2–6 player projections and hit “More” or “Less”—this welcome offer is built to get you into action quickly without a big upfront commitment.

Here’s the headline: play $5, get $50 in Lineups credited after your first qualifying entry. The promo is listed as running through 12/31/25, and once the bonus hits your account, you’ll want to use it promptly—entries must be placed within 30 days of receipt (and PrizePicks’ broader promo policy may also void unused promo value after 90 days).

Play $5, Get $50 in Lineups: The Welcome Offer You Don’t Want to Miss

How to Claim the PrizePicks Welcome Bonus

A key detail: that $50 is bonus lineup value, not cash you can withdraw immediately. It’s designed to fuel more entries—meaning more shots at building lineups and chasing big multipliers (PrizePicks advertises payouts up to 2000x for perfect cards, depending on mode and picks).

Promo Codes, Timing, and the One Detail That Can Cost You the Bonus

You typically need to enter a code before you place that first $5 entry. The research-backed code listed for the offer is:

PROMO

PrizePicks has also been seen advertising other signup codes like MAXBONUS, plus additional rotating codes (e.g., HANDLE, PLAYBOOK, LABS, BUSA, PRIZESFA). The important part isn’t chasing every code—it’s making sure one code is entered at signup so your first paid lineup triggers the bonus correctly.

Also note eligibility: it’s intended for new accounts only, and you must meet local age/availability rules (generally 18+, with 19+ in Alabama and Colorado, and 21+ in Arizona, Massachusetts, and Virginia for certain contest types). Where real-money play isn’t available, PrizePicks also offers Free2Play options depending on location.

Stack More Value With Weekly Promos: Taco Tuesday + Flex Friday

PrizePicks doesn’t stop at the welcome offer. Weekly promos can add extra edge once you’re playing regularly: Taco Tuesday runs every Tuesday with discounted projections that show up in-app automatically, while Flex Friday brings a 40% payout boost on a Flex Lineup—but it typically requires a manual opt-in inside the Promos tab before you submit your entry.

If you’re trying to stretch your welcome bonus into as many meaningful entries as possible, syncing your bonus usage with these weekly promos can turn “extra lineups” into extra leverage.

Current PrizePicks Promotions

Want Even More Bonus Balance? Referrals Can Pay Instantly

PrizePicks also runs a referral system where you share a custom code, and you can receive instant bonus balance for each friend who signs up and completes the required steps (commonly registration plus a deposit). Referral terms can change, so it’s worth checking what’s currently listed inside your account.

Quick Gameplay Snapshot: What You’re Actually Betting On

PrizePicks is a DFS pick’em platform: you select 2–6 player stat projections and choose More or Less for each. Your result depends on how many picks you hit and which payout style you select. If a player doesn’t play (DNP) or a pick pushes, your payout can adjust to a lower tier rather than just ending everything outright.

If you want to dig into the platform itself alongside the bonus, see our PrizePicks coverage.

Deposits, Payments, and Getting Funded Without Friction

PrizePicks supports a wide range of funding methods, including Visa, American Express, Zelle, bank wire transfer, pay-by-voucher, and crypto options like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), and Bitcoin Cash (BCH) (availability can vary by region). The welcome bonus only requires a minimum $5 first entry, so you’re not forced into a large deposit to get the promo moving.

Need Help Fast? Support Options

If you run into a promo-crediting snag or can’t find the opt-in promos, PrizePicks provides FAQ resources, live chat, and support via email at support@prizepicks.com.

The welcome bonus is built for speed: enter a code during signup, play your first $5 lineup, then use the $50 in Lineups while it’s still active—especially if you can line it up with weekly promos to keep your entries loaded with extra value.