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Online Gambling USA / Cash Prize Sweepstakes: Our Ultimate Guide to Sweepstakes Cash Prizes

Cash Prize Sweepstakes: Our Ultimate Guide to Sweepstakes Cash Prizes

Last Updated on 07/12/2023
Fact checked by: Josh Schwartz

For some, the best part of playing at a sweepstakes casino is to play casino-style games for free. For others, it’s to redeem sweepstakes cash prizes.

Recognizing the burgeoning demand for these platforms, we’ve created a list of the best sweepstakes casinos with cash prizes. But that’s not all. In this guide, we’ll explore the ins and outs of these casinos, and bring you up to speed on exactly how the cash prize redemption works.

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What is a sweepstakes casino?

A sweepstakes casino is an online platform where you can play casino-style games such as slots, table games, and live casino games. Unlike traditional online casinos where deposits are required to play, sweepstakes casinos let you play for free, operating under a no-purchase-necessary model. Rather than wagering with real money, you play and win with virtual currencies. Typically, sweepstakes casinos feature two main virtual currencies: Gold Coins and Sweeps Coins.

These coins hold no real monetary value and can be claimed without a purchase, making sweepstakes casinos unique from real money casinos. As a result, they are not classed as real money casinos and are legal in almost all US states, with Washington as the only exception. Given that real money casinos are prohibited in many states like Alabama, California, Missouri, and South Carolina, sweepstakes casinos offer a legal alternative for those unable to access regular online casinos.

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Sweepstakes cash prizes explained

You might be curious about how sweepstakes cash prizes work, especially since no real money can be directly wagered or won on these platforms. Here’s the interesting bit: even though you can’t wager or win money directly, many of these platforms allow you to redeem coins for a variety of prizes – and that’s where the ‘sweepstakes’ element comes in. The redeemable coins are the Sweeps Coins – you cannot buy any of these coins directly, but they can be given through bonuses and rewards. Playing through the wagering requirements for Sweeps Coins will make them available to redeem.

These rewards can range from merchandise and gift cards to actual cash. This unique opportunity to redeem prizes, coupled with a no-purchase-required model, is a key factor behind the soaring popularity of sweepstakes casinos. It’s a scenario where you have nothing to lose but a chance to walk away with tangible prizes.

The best casinos with sweepstakes cash prizes

Being known as a ‘sweepstakes casino’ requires platforms to offer both free-to-play gaming and redeemable prizes. Yet, the quality of the games and prizes can differ significantly among these sites. While top sweepstakes casinos offer a variety of games from renowned developers, others might have a restricted range from lesser-known developers.

Additionally, while many sites provide redeemable cash prizes, some only allow redemption for merchandise or less impressive rewards. Recognizing this disparity, we’ve curated a list of sweepstakes casinos that stand out not just for their redeemable prize offerings but also for their top-tier games from recognized developers.

Stake.us: Play for free and redeem sweepstakes prizes

Stake.us

Stake.us stands out as a leading sweepstakes casino, offering a diverse selection of slots, table games, and live casino games – all available to play for free. Powered by industry leaders like Pragmatic Play and Hacksaw, the casino also boasts “Stake Originals”, an exclusive selection of games built in-house. To play these games for free, simply register, claim your free coins, and start playing.

For new users, the exclusive code, GGCSOCIAL, provides you with a $25 no deposit bonus, an additional 250,000 Gold Coins, and 5% rakeback. Plus, you can keep the free coins coming every day by logging in and claiming the daily bonus. Note that only Stake Cash is redeemable; Gold Coins serve purely for entertainment.

How to cash out sweepstakes prizes at Stake.us

When you’ve played through your Stake Cash at least once, you will be eligible for a prize redemption at a rate of $1 for 1 SC. The process is straightforward:

Step 1

Go to the wallet section in your account.

Step 2

Select the prize you wish to redeem and hit the ‘redeem’ button.

Step 3

Provide the destination address and specify the redemption amount.

Step 4

Confirm the sweepstakes cash out process using the code sent to your email.

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Sweeptastic: sweepstakes cash prizes processed within 24 hours

Sweeptastic daily bonus

Sweeptastic stands out as a top-tier sweepstakes casino, boasting an impressive range of casino-style games, from slots and poker to classics like blackjack, roulette, and baccarat.

It mirrors the offerings of a real money casino but with the unique advantage of free play and the opportunity to redeem actual cash prizes. Understanding the players’ preference for cash over gift cards or merchandise, Sweeptastic sets itself apart. They’ve opted for a cash only sweepstakes prize system, rather than the usual gift cards offered by most sweepstakes casinos.

Here’s how to get started and cash out sweepstakes prizes at Sweeptastic

Sign up:

You can register using your email or Facebook

Claim free coins:

Upon registration, you get 10,000 Lucky Coins to kickstart your gaming experience. Completing your profile provides you with more Lucky Coins and Sweeps Coins.

Play and redeem prizes:

When you play with Sweeps Coins, you can redeem winnings for cash prizes. Note that while Sweeps Coins are redeemable at a rate of 1 SC for $1. Lucky Coins are only used for gameplay purposes. We found that cash prize redemptions are processed swiftly, within 24 hours.

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High5Casino: Redeem 1 SC for 1 USD

High5 casino games

If you’re looking for sweepstakes cash prizes, High5Casino stands out as a top choice. This platform offers hundreds of casino-style games in sweeps play mode, letting you play and win using Sweeps Coins (SC). Once you play through each SC at least once, it is eligible for a withdrawal. When you get 50 SC, you can redeem them for gift cards.

But if you wait until you’ve accumulated at least 100 SC, you can redeem your coins for cash, at an impressive rate of 1 SC equating to $1. For residents of New York or Florida, there’s a daily redemption cap of 5,000 SC. For players in other states, the limit doubles to 10,000 SC. When you’re ready to claim your prizes, it’s as straightforward as hitting the ‘redeem’ button on the main screen, and then choosing between a gift card or cash.

Here’s how you can get free SC at High5Casino

  • Daily login bonuses
  • Purchases that come with free SC
  • Sending a request card in the mail
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Fortune Coins: Redeem up to 955,000 coins per day

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Fortune Coins is, without a doubt, one of the best casinos with sweepstakes cash prizes. You can play over 200 casino-style games for free, all with no downloads required. With everything from slots to fish games and other games like Keno, Fortune Coins caters to a wide range of preferences.

Plus, we were impressed to see a large selection of progressive jackpot games and megaways slots, including popular titles like Buffalo King Megaways and Great Rhino Megaways from Pragmatic Play. The best part? The platform’s native sweepstakes coin, Fortune Coins, can be redeemed for cash prizes.

To make a cash prize redemption, you need at least 5,000 Fortune Coins, with a generous daily cap of 955,000. When you cash out sweepstakes prizes, they are sent to your bank account in USD. We found that it takes 24 hours on average.

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Sweepstakes cash prizes: Final thoughts

In the world of online gaming, sweepstakes casinos have emerged as a go-to choice for players seeking a free gaming experience and the thrill of redeemable rewards. By merging the best elements of casino gaming with the possibility to redeem gift cards, merchandise, cash, and other prizes, these platforms have exploded in popularity.

Whether you’re interested in spinning the reels of the latest slots or diving into a live casino experience, the top sweepstakes casinos have got you covered. From Stake.us’s diverse game selection and Sweeptastic’s cash only sweepstakes prize system to the easy redemption process at Fortune Coins and High5Casino, there are plenty of good options to choose from.

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Sweepstakes cash prize FAQ

❓ How are sweepstakes casinos different from real-money online casinos?

The main difference lies in the wagering model. In real-money casinos, you deposit and bet with actual money. In sweepstakes casinos, no real money is directly wagered or won. Instead, you play with virtual currencies and can redeem virtual coins for prizes, including cash. See our sweepstakes guide for more details.

🤷‍♂️ Do I need to provide personal information to redeem sweepstakes cash prizes?

Most sweepstakes casinos require some personal information for verification purposes when redeeming cash prizes. This usually includes a photo ID such as a driver’s license or passport.

✅ Can I really play for free at sweepstakes casinos?

Absolutely. If you read our social casino games guide, you’ll know that sweepstakes casinos operate on a no-purchase-necessary model. Upon signing up, you receive free virtual coins to start playing. Plus, daily bonuses or login rewards can keep your balance topped up.

✍️ How do I redeem sweepstakes cash prizes?

The process varies among different casinos but generally involves visiting the wallet or account section, selecting the prize or amount to redeem, providing the necessary details, and confirming the redemption. Some casinos like Stake.us require a code for verification purposes.

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