Deposits, Withdrawals & Balances
Deposits, Withdrawals & Balances
iDraft processes deposits and withdrawals through third-party payment providers. This page explains how to add funds, cash out winnings, and understand your account balances. Paid features are available when payment processing is active.
Paid contest features are available to eligible participants in supported locations. See our Terms of Use for eligibility and geographic restrictions.
Deposits
Deposits add funds to your iDraft cash balance so you can enter paid contests.
- How to deposit: Go to the Deposit page, select an amount (or enter a custom amount), and complete the checkout through PayPal.
- Payment methods: PayPal, Venmo, Pay Later, and card payments are supported through PayPal's checkout.
- Minimums and maximums: Deposit limits are shown on the Deposit page. Custom amounts must fall within the displayed range.
- Processing: Deposits are typically credited to your balance within moments of completing the PayPal checkout.
Withdrawals
Withdrawals let you cash out available funds from your iDraft account to your PayPal account.
- Link your PayPal: Before you can withdraw, you must connect a PayPal account on the Withdraw page. You can unlink and re-link at any time.
- How to withdraw: Enter the amount you'd like to withdraw and submit. Funds are sent to your linked PayPal account.
- Minimums and maximums: Withdrawal limits are shown on the Withdraw page.
- Processing time: Payouts may take some time to complete. Your withdrawal status is updated automatically on the Transaction History page.
- What you can withdraw: Only your cash balance is eligible for withdrawal. Promotional or bonus credits cannot be withdrawn.
Your Balances
Your account has two types of balances, visible in the Financial Center under your account settings.
- Contest Balance: The total amount you can spend on contest entry fees. This includes both cash and any promotional/bonus credits.
- Cash Balance: The portion of your balance that is eligible for withdrawal. This includes your remaining deposits plus any contest winnings.
- Bonuses / Promo: Promotional credits that can be used to enter contests but cannot be withdrawn.
Transaction History
The Transaction History tab in your Financial Center shows a full record of your account activity, including deposits, withdrawals, contest entries, winnings, and any adjustments. Each transaction shows the date, type, amount, and current balances.
Fund Safety
User funds held for contest entry and prize payouts are maintained separately from iDraft's operational funds. For more details, see our Terms of Use.