
As you may already know, MegaBonanza is a sweepstakes casino, which means it doesn’t allow direct withdrawal of winnings. However, you can play with Sweeps Coins on this website and then redeem for cash prizes and gift cards.
Join us in this MegaBonanza redemption guide as we discuss all you need to know about redeeming Sweeps Coins (SC) for prizes, from the rules for SC prize redemptions on this site to the Sweeps Coins redemption process, the available prize redemption methods, and how long it takes to receive your prize after submitting a redemption request. Well, let's begin!
If this is your first time coming across MegaBonanza, don't worry. Let's start by taking you through how this site works.
As we mentioned at the beginning of this guide, MegaBonanza is a sweeps casino. Now, these websites don't facilitate direct deposits and withdrawals. Instead, they have virtual currencies called Gold Coins and Sweeps Coins that you can use for gameplay. This mode of operation has made MegaBonanza and other sweeps sites legal in most of the US. So, what states is MegaBonanza legal in? You may ask. Well, this brand has been given the greenlight to operate in 33 US states.
Let's go ahead and take a look at these virtual currencies, shall we?
Gold Coins are meant to play casino-style games at this sweeps casino just for fun, and that's it. Like other sweepstakes sites, MegaBonanza operates on the “no purchase necessary” policy. So it mainly offers its players free Gold Coins as bonuses. But if you feel like you want more GC, MegaBonanza has Gold Coin packages that you can purchase which, by the way, are pretty pocket-friendly. However, keep in mind that purchasing these Gold Coin bundles is optional.
Sweeps Coins are also meant to play casino-style games at MegaBonanza. However, unlike Gold Coins, Sweeps Coins can also be redeemed for both gift cards and real-money prizes (we'll talk more about this in just a bit). When it comes to obtaining Sweeps Coins, this virtual currency isn't purchasable. But the good news is, this site offers them for free through its bonuses, which are pretty generous we must say. What's more, when you purchase a Gold Coin package, MegaBonanza adds some free SC as part of the bundle.
We mentioned that Sweeps Coins can also be redeemed for prizes at MegaBonanza. Now, before you can make an SC redemption request, there are terms and conditions you have to fulfill first:
Now that you're up to speed with the Terms and Conditions you have to meet before redeeming SC for prizes, it's time to take you through how to make an SC redemption request.
Head on to the lobby section on the MegaBonanza website
Then click on the menu tab. There, you'll see the “redeem” section. Proceed to click on it
At this point, you’ll first have to verify your account (if you haven't done so yet)
Once you have verified your account, check the number of redeemable SC that you have accumulated
If they've reached the required minimum SC threshold, proceed to click on the redeem button on either the gift card or the cash prize section
Enter the number of Sweeps Coins you'd like to redeem
Confirm your email address, if you're redeeming for gift cards
If you'd like to redeem for a cash prize, enter your bank details
Once you've done so, submit your SC prize redemption request, and that's it. Just sit back and wait to receive your prize
Currently, MegaBonanza accepts bank transfer as the only SC prize redemption method for cash prizes. As for redeeming Sweeps Coins for gift cards, this operator usually sends them to one's email address (side note: MegaBonanza uses the email address you used to register to join this site, as the address to send your gift cards).
When it comes to redeeming SC for gift cards, MegaBonanza takes at least 48 hours to process these requests. On the other hand, redeeming SC for cash prizes takes about 3-5 business days.
Before we continue, here's a recap of all we've discussed about SC prize redemptions at MegaBonanza.
Earlier on, we mentioned that Sweeps Coins are only accessible for free at MegaBonanza, and you can get them mainly through bonuses. Well, let's take a look at the bonus offers available on this website, and how much SC you stand to receive with each offer.
To start you off on a good note, this brand welcomes you with a pretty nice sign-up bonus of 2.5 free Sweeps Coins plus 7,500 free Gold Coins. Plus, if you'd like to purchase more GC, MegaBonanza has a special Gold Coin package for newbies that offers 50k GC and 25 free SC at just $9.99. Again, remember purchasing this and other Gold Coin packages is totally optional.
As you play with your welcome bonus, this site gives you a chance to get more free Sweeps Coins everyday via the MegaBonanza daily reload bonus. Every 24 hours, you can log into your account and claim your day's bonus, starting at 0.20 SC and 1,500 GC.
MegaBonanza doesn't stop there; we also came across an impressive selection of promos that you can participate in, and stand to win free Sweeps Coins, Gold Coins, and other prizes.
Did you know MegaBonanza gives players a chance to refer their friends to join this sweepstakes casino, and receive free Sweeps Coins and Gold Coins as a referral bonus? To do so, all you need to do is get your unique referral link in the “refer a friend” section on this site. Then, share it with as many friends as you can, and when a person signs up to join MegaBonanza via your link and makes a qualifying GC package purchase, you'll receive up to 65 free SC and 130k GC as your referral bonus.
You can also give MegaBonanza a follow on your favorite social media platform, to be able to take part in its giveaways and competitions for a chance to win free SC, GC, MegaBonanza free spins, and more rewards.
MegaBonanza always makes sure to show appreciation to its loyal players with special perks from its VIP loyalty club. These include higher daily rewards that offer more free SC, a chance to spin a bonus wheel every week for a chance to get up to 10 free SC, a special rank-up reward, and more. What we absolutely love about this VIP loyalty program is that it's open to all players. All you need to do is play your favorite casino-style games like the MegaBonanza Casino jackpot slots, to obtain loyalty points and climb up through the 5 tiers in the program.
Still in need of more Sweeps Coins? MegaBonanza also allows players to send a handwritten mail request for extra Sweeps Coins, and they'll get 4 free SC. However, it's important to mention that this operator has specific guidelines for writing and sending these letters (available in the Sweepstakes Rules section on the website) that you must follow, so you can receive these free Sweeps Coins.
To wrap things up, here’s what we liked and what we feel like should be improved when it comes to redeeming SC for prizes at this sweeps casino:
While MegaBonanza doesn't allow one to withdraw their winnings directly on its website, players can still play with their Sweeps Coins and later redeem them for prizes. And when it comes to redeeming SC at this sweeps casino, MegaBonanza has made the process straightforward, enabling players to seamlessly redeem their Sweeps Coins for their desired prizes. The SC prize redemption period on this site is also pretty reasonable, if you ask us. Finally, the option to redeem SC for either gift cards or cash prizes, is another plus as one has the benefit to choose which prize is most suitable for them. Once again, remember that you must play with your free Sweeps Coins at least once before you can redeem them for prizes.
If you're new to MegaBonanza and were wondering how to go about redeeming Sweeps Coins for prizes, we hope this guide has let you in on everything you need to know about this process. And if you're yet to join MegaBonanza, why don't you use the link on the banners on our page to do so and receive free Sweeps Coins to play your favorite games and then redeem them for prizes?
No, you cannot. MegaBonanza can only process an SC prize redemption request for one prize at a time.
Yes. According to the MegaBonanza Sweepstakes Rules, this brand reserves the right to limit one's SC redemption of prizes to $10,000 a day and $50,000 a month.
Yes, they can. If you don't log into your account at MegaBonanza and utilize both your SC and GC for 60 consecutive days, your virtual currencies will expire and your account will be deemed dormant.