PrizePool

Save More
Win More

PrizePool is a new type of banking account where you can win a cash prize every week by saving money. There are over 4,000 cash prizes totaling $50k in every 4-week Series. One lucky winner will get the $25,000 Grand Prize. All Deposits are held with Evolve Bank and Trust and is FDIC insured.1

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Weekly Drawings

Every $1 in your balance with PrizePool gets you 1 ticket per day. For example, if you have $100 deposited with PrizePool from September 1st to September 10th, you will have 1,000 tickets! All tickets accrued during the Series will be entered into each Weekly Drawing. There are over 4,000 prizes totaling $50,000 in cash prizes including a $25,000 Grand Prize in every 4-week Series. If you don't win a prize, you'll never lose your deposit (and it's FDIC insured).

Secure and Insured

Your deposits are protected and secured by our partner bank, Evolve Bank & Trust, Member FDIC, with bank-level security and encryption, and insured up to $250,000.

Save More Together

Refer your friends and you both win 10% more! When they win, they get a 10% boost on their prize, and you get a referral bonus of 10% of their winnings. Never expires, so save together for as long as you're both using PrizePool!

Winners Board

Celebrate the thousands of winners on our live Winners Board. One of them might be you! A few fun metrics from our latest drawing: Every person that deposited with PrizePool won a prize! If you had ~$1000 balance, you had a 72% chance of winning a prize last week and the expected APY for $1,000 is 19.23%

Totally Free2

PrizePool has no hidden fees, monthly fees, or transfer fees. So your savings can only go up.

No Minimums3

There are no required minimum balances, account service charges, or annoying overdraft fees.

We're Here To Help

Need help? Our team will gladly assist you with any question you might have.

What people are saying

We have been big fans of Prize-Linked Savings for a long time, and believe it has the potential to reshape savings habits in America. We’re glad to have found an excellent team to execute on this.

Nellie and Max Levchin

Partners at SciFi VC.
Max also is CEO of Affirm, Co-founder of PayPal.

PrizePool makes putting money in a savings account actually fun and worthwhile. With interest rates so low, it's a no brainer - and I love having shots at grand prizes!

Humphrey Yang

PrizePool User

We believe the team's experience combined with the commitments to both guarantee monthly prizes and create a social, referral model sets PrizePool apart from others in the market.

Andy Chen

Partner, Coatue

How PrizePool works

Thousands of cash prizes totaling $50,000 are awarded in every 4-week Series. You're automatically entered with one ticket for every dollar you save, per day. When friends use your referral code you both win 10% of any prize they ever win. Regardless of winning, you'll never lose your deposit and still be working towards achieving your financial goals.

Get PrizePool now

Download the app and start saving to win the $25,000 Grand Prize!