The Spree Casino redemption process is quick and easy (as long as you know what you’re doing). In this guide, we’ll cover everything you need to know about redeeming Spree Coins, from how to submit a prize redemption request to cash-out methods, payout times, identity verification, and more.
Quick Answer
Before Redeeming: You’ll need to meet the 1x playthrough requirement, complete KYC verification, and reach the minimum SC threshold for your chosen prize redemption method.
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ATS.io uses affiliate links. If you sign up through a link on this page, we may earn a commission at no additional cost to you. Rankings are based on hands-on testing and published criteria, and affiliate relationships do not determine placement.Does Spree Casino Pay Out Real Money?
Before we get into prize redemptions at Spree Casino, let’s answer one of the most common questions we get: Does Spree Casino actually pay out real money?
The answer is yes… but not in the same way as traditional gambling sites. That’s because Spree is a social casino. Instead of having players bet real money, the site operates using two types of virtual currency: Gold Coins (GC) and Spree Coins (SC).
- Gold Coins: These are used for entertainment purposes only. No matter how many you win, Gold Coins cannot ever be exchanged for real money or redeemed for any prizes.
- Spree Coins: Also known as “Sweeps Coins,” these represent free entries into Spree Casino’s promotional sweepstakes contests. In other words, Spree Coins can be redeemed directly for real prizes at a rate of 1.00 SC = $1.00.
If you’ve played at other sweepstakes casino sites before, then you’re probably familiar with this dual-currency setup.
But if you’re new to it (or have any questions about the payout process), keep reading as we provide a full breakdown of how Spree redemptions work.
How To Cash Out at Spree Casino (Step-By-Step Instructions)
Next, let’s go ahead and cover the exact steps you’ll need to take to cash out at Spree Casino. This process worked for me, and I’m sure it’ll work for you too.
- Start by logging into your Spree account.
- Click or tap on the “Redeem” button in the main menu.
- Make sure you have enough redeemable Spree Coins in your balance. The minimum is 10 SC for gift cards and 75 SC for cash prizes.
- Choose your preferred redemption method—either a cash prize (via an ACH transfer to your bank) or a gift card (delivered via email).
- Enter the amount of Spree Coins you’d like to cash out. Remember, every 1 SC is redeemable for $1.00 in prizes.
- Submit your request and wait for approval. You should receive a confirmation email, and the Spree Casino team will typically process your request within 24 hours.
Spree Casino Redemption Methods
Spree currently offers two different redemption methods: a cash prize or a gift card. Here’s a quick breakdown of each option to help you decide which will work best for you:
| 🏦 Redemption Method | ⬇️ Min. Redemption | ⬆️ Max. Redemption | ⏳ Average Payout Time | 💲 Fees |
|---|---|---|---|---|
| 💸 Cash Prize | 75 SC | 10,000 SC per day | 3-5 Business Days | None |
| 🎁 Gift Card | 10 SC | 10,000 SC per day | Within 24-48 Hours | None |
*Note: Spree Casino also lets you use Visa, Mastercard, Apple Pay, and Google Pay to purchase Gold Coins. However, these payment options cannot be used for prize redemptions.
Cash Prizes
The first Spree Casino redemption option is a cash prize. Once you’ve won at least 75 Spree Coins, you can request a cash prize redemption, and the funds will be delivered to your bank account via an ACH transfer. It normally takes about 1-3 business days for the money to reach your account once the request has been approved.
Also, according to Spree’s terms, the name of the account holder has to match the name on the bank account you’re cashing out to. This is done for security reasons and to prevent fraud or money laundering. If the names don’t match, your withdrawal could be delayed or even denied.
Gift Cards
The second redemption method is a Prizeout gift card (also called a “Voucher”), which only requires a minimum of 10 redeemable Spree Coins. Once approved, the digital gift card will be sent to the email address linked to your account—usually a couple of hours, making this the fastest way to cash out at Spree Casino.
You’ll also have plenty of popular brands to choose from, including Amazon, Uber, Uber Eats, Chipotle, Walmart, and more.
Identity Verification Process for Spree Redemptions
Before you can cash out any winnings at Spree Casino, you’ll first need to complete the identity verification process. This is an important step to keep your account safe, prevent fraud, and ensure all legal requirements are met.
Here’s a quick breakdown of everything you need to know:
What You’ll Need for Spree Casino Verification
- Photo ID: First, you’ll need to upload a form of government-issued ID, like a driver’s license, state ID, or passport. You’ll also need to snap a quick selfie holding the ID to verify it’s you. Make sure you’re facing the camera clearly when doing so.
- Proof of Address: Next, you’ll need to provide a document that verifies your address. It must show your full name and address, and it must also be recent (i.e., from within the last 3 months). A recent bank statement, utility bill, or credit card statement will do the trick.
How To Complete the Spree Verification Process
To confirm your identity (and get one step closer to your first prize redemption), you’ll just need to head to the Spree verification page and follow the steps provided to submit your documents.
Once you’ve uploaded everything, Spree’s customer support team will review your account within 48-72 hours. Then, they’ll reach out via email with an update, and if they need anything else from you, they’ll let you know.
How Long Does It Take To Redeem on Spree Casino?
Redemption times at Spree Casino can vary quite a bit. Your experience might be completely different from what a friend or another player online has gone through. That said, here’s a general idea of what to expect when it comes to payout times:
Approval Times
Before you can receive your payout, Spree Casino’s team must first approve the redemption request. Typically, both cash prize and gift card redemptions are reviewed and approved within 24 hours.
However, according to the site’s terms, approval can take up to 10 days in rare cases. That said, most requests are processed much faster, so you likely won’t have to wait that long.
Payout Times (After Approval)
Once your request is approved by the Spree team, the actual payout time will then depend on your chosen redemption method:
- Bank Transfer (ACH): 1-3 business days after approval.
- Prizeout Gift Cards: Almost instant, usually arriving via email within a couple of hours.
Other Things To Keep in Mind About Spree Redemption Times
- You can only submit one prize redemption request every 48 hours, so plan accordingly.
- If your redemption request is for an amount over $2,500, it may take longer due to bank clearance, security checks, and fraud prevention measures. Large payments may also be split into multiple transactions.
- In my experience, Spree Casino redemptions tend to get faster after you complete the first one. If you see complaints online about long wait times, chances are it was someone’s first time cashing out, and they had to complete the verification process as well.
Official Sweepstakes Rules for Spree Prize Redemptions
If you have any other questions about Spree Casino prize redemptions, I recommend checking out their sweepstakes rules. It’s where you’ll find all the official details on the eligibility, redemption process, and any limitations or requirements that apply to claiming your prizes.
In case you don’t feel like reading all of that, I’ve provided a quick summary of the key points you need to know. We’ve already covered some of these, but it doesn’t hurt to go over them again:
- Eligibility: To be eligible for prize redemptions at Spree Casino, you need to be located in one of the eligible jurisdictions. This includes: 34 of 50 U.S. States (all but CA, CT, DE, ID, IN, KY, LA, MD, MI, MT, NV, NJ, NY, TN, WA, WV)
- Playthrough Requirements: All Spree Coins awarded through promotions or purchases must be wagered at least 1x before they become eligible for redemption.
- Minimum Redemption: To request a payout, you need a minimum of 10 redeemable Spree Coins for gift cards or 75 redeemable Spree Coins for cash prizes.
- Maximum Redemption: You can only redeem up to 10,000 Spree Coins in a single day. Players are also allowed only one prize redemption request every 48 hours.
- SC Expiration: Spree Coins will automatically expire if your account becomes Dormant. An account is considered “Dormant” if you haven’t logged in for 60 consecutive days or longer.
- New York & Florida: In accordance with state laws, NY and FL players can only win a maximum of 5,000 Spree Coins on a single spin or play round. Any winnings that exceed this amount will be forfeited.
- Taxes: Players are responsible for any federal or state taxes associated with their prize redemptions.
Final Thoughts on Spree Casino Payouts
There you have it! We’ve now covered everything you need to know about Spree Casino redemptions. In case you missed anything, here’s a quick recap:
At Spree, the prize redemption process is pretty simple and generally quick, with most redemptions being approved within 24 hours. You can choose between a cash prize or a gift card, and your winnings will be delivered directly to your bank account or inbox, depending on your choice.
If you have any other questions about the cash-out process at Spree Casino, I’d encourage you to reach out to their support team via email at support@spree.com or submit a request on their website.
Also, feel free to check out our full Spree Casino review for more information on their games, promotions, and everything else the site has to offer!
Spree Redemption FAQs
To redeem your Spree Coins, log into your Spree Casino account, head to the “Redeem” section, and select your preferred prize option (either cash or gift cards). Once you have enough Spree Coins, you can choose the amount you wish to redeem and submit your request.
For cash prizes, the minimum redemption amount is 75 Spree Coins ($75.00). For gift card redemptions, the minimum is generally 10 Spree Coins ($10.00).
Most Spree Casino redemptions are processed and approved within 24 hours. Then, the payout time will depend on your chosen cash-out method: ACH transfers typically take 1-3 business days, while gift cards are usually delivered within a couple of hours.
No, Spree Casino is a social casino, not a traditional gambling site. Therefore, it does not offer any real money payouts. However, you can redeem winnings (Spree Coins) for cash prizes at a rate of 1.00 SC = $1.00.
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