DraftKings Customers in Tennessee Prepare for The High Stakes Beer Ad Promo

This article is dated February 1, 2023, content related to promotions is no longer valid. Any promotion described below has expired.

DraftKings has built a strong reputation within the U.S. sports betting community by offering customers access to betting contests. As much as sports bettors like wagering against the house, they seem to like wagering against other sports bettors just as much. That's why DraftKings has been able to create and run a series of really good contests. Next month, the operator will be introducing its "The High Stakes Beer AD" promo being sponsored by Miller Lite and Coors Light. While preparing to participate in this promo, here are some of the key details with which prospective participants should be familiarizing themselves.

Entries are currently being accepted for the DraftKings TN The High Stakes Beer AD" promo, which officially gets underway on February 13, 2023. Entry into this contest is free with each DraftKings customer allowed to submit one free entry.

There are currently 60K+ entries already submitted with tens of thousands more expected before the Super Bowl. There are no limits related to the number of participants who will be allowed to enter. This will be a leaderboard wagering contest that will require participants to place wagers on designated sports and games/matches. Winnings will be used to rank participants throughout the contest.

Thanks to the sponsorship of Miller Lite and Coors Light, the total purse for this contest will be $500K. It will be distributed with $100K going to the winner and $10 going to the 1951st to 2825th place finishers. Second place will be getting $50K and the third place finisher will be getting $25K. Other prizes will be allocated based on how participants finish on the leaderboard.

Prizes will be issued within 24 hours of all designated games being completed. Bonus recipients will get their prize money in the form of cash with no need to comply with any further wagering requirements. As such, all prize money can be immediately withdrawn after issuance.

Bonus recipients will be required to claim their bonuses on their 2023 tax returns if said bonuses exceed $599. DraftKings will be issuing 1099G Forms.

All participants in TN will need to be over the age of 21.