Frequently Asked Questions


Prizes Back to FAQ Menu
How long does it take to receive prize money?
Can I claim my prize online?
How do I report my winnings on my taxes?
Q: How long does it take to receive prize money?
A: Cash prize winners are formally notified via email 10 days after the conclusion of the fantasy game. If you win $200 or more, you will be required to complete and return an affidavit of eligibility and a W-9 Request for Taxpayer Identification Number and Certification form. After we receive your completed paperwork, prize checks typically are mailed within two to four weeks.

Back to Top

Q: Can I claim my prize online?
A: Your official prize notification sent via email will include instructions on how to fill out your affidavit of eligibility and W-9 form via MY ACCOUNT at WWW.CDMSPORTS.COM. You will have the option to request a prize check or apply your winnings to your CDM Sports account.

Back to Top

Q: How do I report my winnings on my taxes?
A: For customers who receive $600 or more in a calendar year, CDM Sports is required to file a form 1099 with the IRS by February 28th following the tax year. A copy of the 1099 also will be supplied to the prize winner to aid in tax preparation. The prize winnings are accumulated for all prizes awarded during the tax year and are totaled regardless of whether or not the prize money was placed on a CDM Sports account or issued as a check.

CDM Sports cannot provide tax advice. Please consult your local tax advisor with any tax questions you may have regarding prizes.

Back to Top