MyJackpot Casino Payment Options

Sweepstakes Casinos are one of the most fun ways for players to get some online slot and casino game action. One of the most popular Sweepstakes casinos around is MyJackpot. MyJackpot offers players a variety of different games in a fun and accessible format.

The operator works with the likes of NetEnt, BGaming, and others to bring players a selection of different games to sink their teeth into. In this MyJackpot banking guide, we are going to take a look at how players can play at the casino and what methods they can use to buy virtual currency packages.

Editor’s note: You can’t make deposits and withdrawals at MyJackpot Casino because it’s a Social Casino. Please note that the deposit and withdrawal options on this page refer to purchase packages and prize redemptions, but you can play no purchase necessary.

What Are the Best MyJackpot Deposit Methods?

It is important for players to note that they can not deposit money when they play at MyJackpot. As we establish in our full MyJackpot Casino review, The site is a sweepstakes casino, which means that players do not play with real money, nor can they win real money. Instead, players will play with virtual currency. This virtual currency can be gained in a number of ways.

MyJackpot will regularly top up players’ accounts simply for logging in and playing. However, if you want to boost your virtual wallet, then you can do so by purchasing packages directly from the casino. The following methods are the main ways that players can do this.

Visa/Mastercard, PayPal, Rapid, Skrill

Perhaps the most commonly used method for making withdrawals from a website, Visa and Mastercard allow players to purchase virtual coins nicely and easily. Players just need to enter their details, and they are good to go. In some cases, the casino may transfer you to your bank’s website in order to confirm the transaction.

  • Minimum deposit: $1.99
  • Transaction times: Instant
  • Fees: N/A

PayPal

PayPal is a great alternative for players who want a quick, easy process that doesn’t involve entering their bank details on the casino website. In order to use this method, players will need to have a PayPal account set up first.

  • Minimum deposit: $50
  • Transaction times: Instant
  • Fees: N/A

Rapid

Rapid is one of the quickest and most reliable payment methods on the net. Like PayPal, players will not need to enter any of their bank details in order to be able to use Rapid. They will just need to have an account with the company.

  • Minimum deposit: $1.99
  • Transaction times: Instant
  • Fees: N/A

Skrill

Another type of eWallet service that players can use is Skrill. It is possible to use funds that are already in your Skrill account or to pay through your bank account using Skrill as a third party.

  • Minimum deposit: $1.99
  • Transaction times: Instant
  • Fees: N/A

Selected Cryptocurrencies

MyJackpot is one of the few sweepstakes casinos that will allow players to deposit and play using cryptocurrencies. It will allow players to use different cryptos like Bitcoin, Litecoin, and Ethereum. This selection is sure to continue to grow in the future.

  • Minimum deposit: $1.99
  • Transaction times: Instant
  • Fees: N/A

Fastest Deposit Methods at MyJackpot Casino

All of the methods that you can use to purchase credits at MyJackpot will work instantly. Once you have purchased the amount, it will be credited to your account for instant use.

When it comes down to it, the decision on which deposit method you use is going to come down to personal preference. For example, those who don’t want to share their details with the casino directly may opt for an e-wallet like Neteller or PayPal.

How to Make an Online Deposit at MyJackpot Casino

MyJackpot is a sweepstakes casino, and therefore it doesn’t act in the same way as a traditional casino. However, this doesn’t mean that getting money into your account or signing up with them is any more difficult than it would be with a standard casino. Players need to follow these steps to get their account with MyJackpot up and running and loaded up with virtual currencies to enjoy.

  • Enter a username on the homepage and then fill in your e-mail address and chosen password.
  • Verify your e-mail address.
  • Go to the cashier section of the website.
  • Select from the available packages.
  • Choose which payment method you would like to use.
  • Enter your details and confirm your purchase.
  • Your account will be credited.
  • Choose your favorite slot, hit spin, and enjoy!

How Long Does MyJackpot Take to Deposit?

As you can see from the above section, getting set up with MyJackpot is a really straightforward process. Once your account is ready to go, it is simply a case of locating the cashier, entering your details, and making your purchase.

Once the purchase has been made, the credits will appear in your account instantly. It doesn’t matter which method a player uses to purchase their credits, the virtual currency will appear straight away. If this doesn’t happen, then hit the refresh button to get the ball rolling.

Is There a MyJackpot Deposit Limit?

In theory, players never need to top up their accounts. This is because MyJackpot will regularly update your account with virtual currencies through promotions and simply for logging in and playing daily. However, it can be good to top up your account regularly if you want to be able to keep playing.

There are various different package sizes that players can buy. All of the deposit methods will allow players to play for the same amount. The smallest package size for players is $2.99. However, new players can get their hands on a 50,000,000 chip package for just $1.99 when they open their account. This is for a very limited time, though, so be sure to take advantage of this.

As for the maximum, the biggest amount of Chips that be purchased is 2,500,000,000. This can be purchased for $199.99. There is also the option to get monthly amounts for discounted prices.

MyJackpot Withdrawal Options

As a social casino, players at MyJackpot are unable to withdraw any of their winnings. All of the slots and games at MyJackpot will only pay out in virtual Chips. It is not possible to turn any of these into real-life currencies.

There is a trophy shop where players can exchange trophies and points won for different bonuses. This can include Free Spins and other currency packages. There is also a booster section on the site where players can activate boosters to be used in slot machines.

Trophy Room and Achievements.

There are no conventional methods of withdrawal at MyJackpot. This is because players can only win virtual Chips and can not win real money. Players can also gain trophies and points for playing, and these can be transferred into bonuses in the Trophy Room and Achievements section. This is the closest thing players have to being able to cash anything in on the site. In the Achievements section, players can also unlock bonuses and access other games.

  • Minimum withdrawal: N/A
  • Transaction times: Instant
  • Fees: N/A

Fastest Withdrawal Methods at MyJackpot Casino

Given that there is no formal withdrawal process at MyJackpot Casino, the time it takes to exchange points for prizes is just a matter of seconds. It is important that players remember that they can not withdraw any of their funds and exchange them for real money.

Any in-casino transactions will happen instantaneously. If a player has any issues with virtual exchanges, they should reach out to the MyJackpot customer support team to find out where the problem is. In our experience, the support team is responsive and helpful.

How to Make an Online Withdrawal at MyJackpot Casino

Trading in your virtual Chips for some prizes or more packages is a really easy process that takes a matter of seconds.

  • Log into your account.
  • Click on either the My Trophies section or Achievements.
  • You will then be given a chance to trade in either of these for a selection of different bonuses.
  • Choose the bonus or package that you would like to receive.
  • Confirm this, and your account will be boosted immediately. If this doesn’t happen, refresh your page and wait a few seconds.

How Long Does MyJackpot Take to Pay?

With no real money to be won at MyJackpot, players do not need to worry about long withdrawal times. The only real transactions that can take place at the site are when players use their trophies or points to exchange for prizes.

These are all done on the site and, therefore, only take a matter of seconds. If there are any issues with this, be sure to contact the casino support team.

Are MyJackpot Winnings Taxable?

No. It is not possible to win any real money when you are playing at MyJackpot. As your winnings are only virtual and can not be withdrawn, there is no need to report any of this on your tax returns.

Likewise, any purchases that are made in the game do not count as losses in any way. They are purchases, not bets. If MyJackpot decides to launch a paid site in the future, you can be sure we at The Game Day Casino will be the first to let you know.