**The promotional offer is valid between 12/9/2022 at 12:00 AM Eastern Time (ET) and 06/30/2023 at 11:59:59 PM. Eastern Time (ET) (the “Promotional Period”). Must be physically located in any U.S. state except HI, ID, LA (select parishes), MT, NV, OR and WA. (each an “Eligible State” or, collectively, the “Eligible States”). Must be 18+ years of age or older. To be eligible for the promotion, new DraftKings Daily Fantasy Sports (“DFS”) customers must: (1) have never had a DraftKings DFS account, (2) have never made a deposit to any DraftKings account before, (3) must be physically located in an Eligible State and obtained the minimum age requirements, and (4) make your first deposit that is a minimum deposit of $5 during the Promotional Period (the “Qualifying Deposit”).

A customer who makes their first deposit is eligible to receive Bonus Funds upon completion of playthrough requirements as defined below. The customer’s first deposit (min. $5) (“Qualifying Deposit”) dictates the amount of bonus funds available to be earned. Bonus funds are in the form of DK Dollars that can only be used on DraftKings. The max bonus funds amount a customer is eligible to receive is equal to 20% of the Qualifying Deposit amount, not to exceed $500 in bonus funds (the customer must deposit $2,500 to be eligible to receive the maximum bonus amount of $500 in DK Dollars). Bonus funds will be awarded to the customer according to the following playthrough requirement: for every $25 played on DraftKings DFS/Sportsbook/Casino, the customer will receive $1 in bonus funds released into their player account (e.g., a $2,500 deposit requires a customer to play through a cumulative total of $12,500 in daily fantasy contests, sportsbook bets (-300 odds or longer), casino products, or any combination thereof to receive the maximum bonus amount of $500 DK Dollars). The play-through requirement must be met within 90 days from the date of the customer’s Qualifying Depositto receive the maximum bonus award(the “Play Through Period”). For the avoidance of doubt, the ninety (90) day Play Through Period period is measured as 2160 hours from the time the Qualifying Deposit is made to the customer’s new DraftKings Sportsbook real money account. After such date, you are ineligible to earn any additional bonus funds as part of this promotion. For example, a customer who makes a Qualifying Deposit of $500 after opting in to the promotion will initially receive $0 in bonus funds. On day 3, if they place a $500 bet on DraftKings Sportsbook at +100 odds and win, the customer will have $1,000 in their account (based on the winning bet) and $20 in bonus funds (This is 20% based on $500 wagered at -300 odds or longer, meaning the customer earned $1 for every $25 wagered) . At the end of the Play Through Period, if no other bets are placed, the customer will have $1,000 in withdrawable cash and $20 in DK Dollars. Customers who previously made a deposit on DraftKings are ineligible for this promotion. Limit one (1) deposit bonus per customer.

DK Dollars are site credits that have no cash value and are only valid for use on DraftKings. DK Dollars are used prior to any cash in your balance. DK Dollars are not withdrawable, non-transferable, and non-refundable. DK Dollars do not expire and must be played-through 1x prior to withdrawal of winnings. Just like if you paid your DFS entry fee in cash, your DK Dollars entry fee is not returned to your account. There are no restrictions or playthrough requirements on winnings earned from DK Dollars. To learn more see https://help.draftkings.com/hc/en-us/articles/4405232411539-What-are-DK-Dollars-. Winnings generated from wagering of DK Dollars will be transferred to the registered player’s Cash Balance at which time they may be withdrawn.

See DraftKings terms and conditions for information, limitations, and rules about participating in paid daily fantasy contests. Should you wish to cancel your participation in this promotion at any time, please contact customer experience at support@draftkings.com. Upon cancellation, you may withdraw any funds deposited in connection with this promotion subject to DraftKings Terms of Use. However, any applicable bonus rewards in your account shall be void, subject to forfeiture, and may not be transferred or withdrawn. All promotions are subject to the DraftKings Terms of Use and Privacy Policy. By accepting any bonus rewards, registered players agree to abide by the terms and conditions of this Promotion. Promotional offer is subject to regulatory approval. Void where prohibited by law. DraftKings account holders are responsible for any and all applicable local, state, or federal taxes. DraftKings is not liable for computer or program malfunctions, nor for errors in bonus rewards. DraftKings reserves the right to exclude certain registered players from this promotion, as well as the right to withhold the bonus reward if there is reason to suspect that their actions are fraudulent or, at DraftKing’s sole discretion, it is determined that their actions are in violation of DraftKing’s Terms of Use. To be eligible for this promotion, players must be eligible to play on DraftKings Daily Fantasy Sports product and must be physically located in a jurisdiction in which DraftKings operates. Any player who is found to be ineligible to play on DraftKings immediately forfeits any bonus rewards which have been awarded. See DraftKings terms and conditions for information on eligibility for creating, using, and funding a Daily Fantasy Sports account. DraftKings reserves the right to suspend, modify, and/or cancel this promotion upon notice to and approval from the applicable regulators located in the respective jurisdiction. Daily Fantasy Sports are for entertainment purposes only. Winning a contest on DraftKings depends on knowledge and exercise of skill. Restrictions apply for MA customers.

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