Sportsgrid Staff
Host · Writer - Published: 04/30/25
Learn how to play slots at sweepstakes casinos for free and redeem real life cash prizes.
Gold Coins are used purely for entertainment but Sweepstakes Coins can be redeemed as prizes including money, gift cards and accessories.
Each sweepstakes casino has its own set of redemption requirements including a minimum playthrough and balance, explained below.
Top sweeps casinos such as Stake.us and MegaBonanza give players the chance to enjoy their favorite slots for free and work towards redeeming real-world prizes, including money and gift cards.
This is possible thanks to the casino’s use of two virtual currencies: Gold Coins and Sweepstakes Coins. I’ll explain how each one works in this guide and give you a look at seven top sweepstakes casinos where you can redeem real life prizes. I’ll also tell you how you can join Stake.us using our code SPORTSGRID to receive a special welcome bonus.
Playing slots at sweeps casinos doesn’t require you to shell out any money. Instead, players use two forms of virtual currency called Gold Coins and Sweepstakes Coins. Here’s a quick reminder of how each one works:
Both Gold Coins and Sweepstakes Coins are handed out to players through the daily login bonus and ongoing promotions, such as contests on social media. Players can also choose to purchase Gold Coins, but this is purely optional.
In order to redeem Sweepstakes Coins as cash, gift cards, or other prizes, you’ll need to meet two main criteria:
At the majority of sweepstakes casinos, you’ll be able to redeem SC as money or gift cards to various U.S. retailers. However, at some sites, such as Stake.us, you’ll be able to redeem SC as merchandise including t-shirts and accessories.
This depends on the individual site and the redemption method chosen. Gift cards are usually sent out immediately but cash prizes take several days to be processed. If other players have made requests, this can slow things down and some sites impose limits on the amount you can redeem in one transaction. For example, the maximum number you can redeem at The Money Factory in one day is 10,000.
Remember also that redemption time limits at sweeps casinos refer to the number of working days, so weekends and holidays aren’t included.
Top tip: Before it’s possible to make a prize redemption you’ll need to verify your account. I recommend doing this at sign up to speed up the process.
Now you know how Gold Coins and Sweepstakes Coins work, I reckon you’ll be keen to start playing. In this next section, I’ve outlined six premium sweepstakes casinos where you can play for free and redeem real life prizes.
Stake.us is unusual among sweepstakes casinos as it allows players to redeem prizes using a range of cryptocurrencies including Bitcoin, Ethereum and Tether. You can also choose from a range of gift cards or Stake branded merch including t-shirts, joggers and accessories.
To make a prize redemption, you’ll require at least 30 SC that meet the site’s 3x playthrough requirement. Once you’ve achieved this and made your request, payments should be with you in 3 days.
The Wild West themed MegaBonanza may be young but it’s become one of the best sweepstakes casinos around. It offers a choice of hundreds of slots from Ruby Play, Pragmatic Play, 3 Oaks and regular new releases plus quick and easy prize redemptions. Build up just 10 SC to redeem a gift card or 75 SC to redeem a cash prize, making sure to meet the 1x playthrough.
MegaBonanza supports a wide range of redemption methods including online banking and selected debit cards. The redemption time frame for each is 1-3 days but, again, gift cards should be in your inbox within 48 hours.
McLuck is a lot of people’s favorite sweepstakes casino because of its outstanding game choice but I love it for its straightforward prize redemptions. You’ll require a low minimum of 10 SC, meeting a 1x playthrough requirement, to be able to redeem a gift card prize or 75 SC for cash. Cash redemptions can be made using ACH transfer or Skrill and the advertised time limit is 2-10 working days. In practice however, your prizes will usually be with you a lot sooner.
The Money Factory is a new kid on the block but one that’s gaining fans for its quick and painless prize redemptions. Like the other sweeps casinos here, it offers both gift card and cash prize redemptions. Players will need to have at least 20 SC for a gift card and 100 SC for a cash prize, provided they meet the 1x playthrough requirement. Cash prizes are available via bank transfer, which take 2-14 business days to arrive, or Skrill. Both are convenient and reliable methods but Skrill is a good choice for speed, as prizes should be with you within 48 hours.
SportsMillions is a top destination for social sports picks and a choice of hundreds of free online slots with bonus features but how do prize redemptions work? Well, to redeem a prize here, you’ll require at least 10 SC which meet a 1x playthrough requirement for a gift card or 75 SC for cash. Cash prizes are delivered via bank transfer in 2-5 days. Gift cards arrive within 48 hours.
Crown Coins Casino is a premium site which offers speedy prize redemptions, often delivered in less than 24 hours, although the official guidance is five days. Once you’ve achieved 100 SC that reach the 1x playthrough requirement, you can choose to redeem prizes as money via Skrill or Bank transfer. However, you’ll only need 50 Sweeps Cash to redeem a gift card.
In the table below, I’ve outlined the key redemption criteria for each site listed and given you a quick overview of their welcome bonus:
| Casino name | Welcome offer | Key redemption facts |
|---|---|---|
| Stake.us | 250,000 Gold Coins, 25 Stake Cash (using code SPORTSGRID) | Playthrough: 3x Limits: 30 SC |
| McLuck | 7,500 Gold Coins and 2.5 Sweepstakes Coins | Playthrough: 1x Limits: 10 SC (gift card); 75 SC (cash) |
| MegaBonanza | 7,500 Gold Coins and 2.5 Sweepstakes Coins | Playthrough: 1x Limits: 10 SC (gift card); 75 SC (cash) |
| The Money Factory | 15,000 Gold Coins and 3 Sweepstakes Coins | Playthrough: 1x Limits: 20 SC (gift card); 100 SC (cash) |
| SportsMillions | 7,000 Gold Coins and 33 Sweepstakes Coins | Playthrough: 1x Limits: 10 SC (gift card); 75 SC (cash) |
| Crown Coins Casino | 100,000 Crown Coins and 2 Sweeps Cash | Playthrough: 1x Limits: 50 SC (gift card); 100 SC (cash) |
Once you’ve accumulated the minimum SC balance, making a prize redemption at any of these sweeps casinos is very straightforward:
Once you’ve selected the right sweeps casino for you, you can use the links in the banners on this page to sign up and start building your Sweepstakes Coins towards redeemable prizes. If you’re not sure where to start, Stake.us is a great first choice. Not only can you redeem prizes as gift cards, crypto and cool merchandise, you can use my code SPORTSGRID to grab a bonus offer of 560,000 Gold Coins, 56 Stake Cash and 5% rakeback on losses.
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