What MyPrize sells

MyPrize is an online casino-style platform operated by My Technology, Inc., a Delaware corporation that also gives a Miami, Florida mailing address. It offers more than 1,000 games: slots, table games, live dealer games and its own "Originals" such as Plinko and Mines.

Two currencies run it. Gold Coins are bought with real money and, under MyPrize's own rules, "do not have any real money value." Sweeps Cash is the currency that pays. MyPrize's help center says Sweeps Cash "cannot be purchased," and in the same breath that "all Gold coin purchases include promotional Sweeps Cash." Sweeps Cash won on the games can be redeemed to a bank account, to a Skrill wallet, or as the USDC stablecoin.

MyPrize also sells digital card packs, priced from $1 to $250. A buyer hits "RIP" and is shown one trading card drawn at random. The card can be shipped or sold back to MyPrize. If the buyer does nothing within three hours, MyPrize's help center says the card "is automatically sold back to MyPrize and its value is added to your balance." In most states, packs are played with the same sweeps balance used on the casino games.

What the Terms of Use say

The agreement a player accepts is MyPrize's Terms of Use, Version 1.4, effective January 1, 2026. It does not use the words Gold Coins or Sweeps Cash at all. It describes only generic "Virtual Coins," which it says "are non-redeemable, non-transferrable, and carry no cash value."

It states that "there is no opportunity for a User on the Platform to win real-money or any prize while playing the Games," apart from "no purchase necessary" promotions, and that the service does "NOT OFFER 'REAL MONEY GAMBLING.'" Purchases "are final," and MyPrize is "not required to provide a refund for any reason." Coins expire after 60 days without play and are forfeited if an account is suspended.

What MyPrize tells players everywhere else

The rest of MyPrize's own site tells a different story.

Every page carries the line: "Once verified, MyPrize prize money lands in seconds, sometimes under ten." The site says MyPrize has "paid out $1.15 billion in player winnings." The help center calls it "the fastest redemptions of any social casino." A welcome offer promises up to 750,000 Gold Coins and 65 free Sweeps Cash, and a VIP program offers a "Fast Track" to players who are "a VIP elsewhere."

MyPrize's own responsible gaming page is titled a "Responsible Gambling Policy." It describes the platform's games as "casino-type games" that are "designed with a slight advantage that favors the operator." That is a description of a casino's house edge, written by the operator itself.

A player reading the Terms of Use would be told there is no prize to win. A player reading the rest of the site would be told how fast the prize money arrives.

Where MyPrize says it operates

MyPrize's own documents do not agree on where it is available. The Terms of Use exclude only Washington. The Official Sweepstakes Rules, dated July 2024 and still posted in the help center, exclude Nevada, Idaho, Michigan, Montana, Hawaii, Louisiana and Washington. A help center article updated in June 2026 says MyPrize is unavailable in California, Connecticut, Hawaii, Idaho, Indiana, Louisiana, Maine, Michigan, Montana, Nevada, New Jersey, New York, Tennessee and Washington.

The documents disagree on other basics too. The homepage says players can move money "both directions" with Apple Pay, Google Pay and debit cards. The help center says "We do not accept any other payment methods such as Apple Pay or Google Pay."

The state lists matter for a practical reason. Operators in this market tend to withdraw from the states whose laws are least comfortable for them. Where a company has chosen not to operate is often a better guide to the legal risk it sees than anything in its marketing.

Why this matters legally

Under most state laws, gambling has three parts: a prize, decided by chance, in exchange for something the player paid to enter. Sweepstakes casinos are built to remove the third part. Because a free way to get Sweeps Cash exists, the argument goes, nobody paid for the chance to win.

The question this investigation asks is whether that holds up when every Gold Coin purchase comes with Sweeps Cash attached, and when the operator describes its own games as having an edge that favors the house. The card packs raise the same question in a different form: a player pays for a random draw, and the result can be turned back into balance on the platform.

Many states let a person recover money they lost to gambling that was not licensed where they live. Some allow recovery of the full amount, and some allow more. Separately, state consumer protection laws reach a business that tells customers a product is lawful when it may not be, or tells them one thing in a contract and another on its website. Which of these applies depends on the state you played from.

Who may qualify, and what Maginnis Howard is doing

MyPrize is operating today. As of October 7, 2026, the site is live and publishing new content.

You may qualify if you bought Gold Coins or card packs on MyPrize with real money and lost more than you redeemed, in a state where this kind of online casino gambling is not licensed. Helpful records include:

  • Your purchase history, including any MoonPay, card, bank or crypto receipts.
  • Your redemption history, since net loss is the usual measure.
  • The email address on your account.
  • The state you played from.

You do not need complete records to talk to us. There is no cost to have your situation reviewed, and no fee unless we recover money for you.

The legal basis

Why this may be illegal

MyPrize sells Gold Coins for real money, and every Gold Coin purchase comes with Sweeps Cash that can be played on casino-style games and redeemed for real money. Players say that is online casino gambling, offered under a sweepstakes label in states that never licensed it. Many states let a person recover money they lost to gambling that was not authorized where they live, and state consumer protection laws reach a business that sells an unlawful service as a lawful one. Maginnis Howard is investigating how MyPrize sells its coins and card packs and what players have lost on them.

The law

Many states allow a person to recover money they lost to gambling that was never licensed or authorized in their state. Separately, state consumer protection laws reach a business that markets a service as lawful when it is not. Whether a claim is available, and what can be recovered, depends on the state where the player lives — some states allow recovery of the full amount lost, and some allow more.

What you could recover

Depending on the state where you live, you may be able to recover the money you lost — in some states the full amount, and in some states more than that. State consumer protection laws may add damages set by law, and can require the company to return money it took unlawfully, pay attorney fees, and change how it operates.

How your claim would be handled

Claims like this are handled as individual arbitration cases — private proceedings, no courtroom. For MyPrize (My Technology, Inc.), cases are typically administered through JAMS.

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Frequently asked questions

What is this investigation about?

MyPrize sells Gold Coins for real money, includes Sweeps Cash with every purchase, and lets players redeem Sweeps Cash for real money. We are investigating whether that is unlicensed online casino gambling in states that never authorized it, and whether the way it is marketed misleads players about its legality.

MyPrize says Sweeps Cash is free. Does that matter?

The free route does not by itself settle the question. What matters for your claim is whether you actually put real money in and lost it. If you bought Gold Coins or card packs, you should have your situation reviewed.

I mostly bought card packs. Does that count?

Tell us about it. Card packs are part of what we are looking at, and in most states they are played with the same balance as the casino games.

Does it matter which state I live in?

Yes, and it is the single biggest factor. These claims are brought under state law, and the states differ on whether a player can recover gambling losses and on how much. We confirm your state with you when we review your claim, and tell you where you stand.

How is my claim filed?

These claims are filed as individual arbitrations. Your claim is pursued in your own name rather than folded into a group case. We handle the filing and the paperwork for you.

I do not have records of what I spent. Can I still sign up?

Yes. Give us your best estimate and the email address on your account. Purchase history is something we can work on obtaining as the claim develops.

What does this cost me?

Nothing upfront. We are paid a percentage only if we recover money for you.

What clients say

The entire process with Maginnis Howard was effortless. All our communication was by email and only a few phone calls. Any calls or emails were answered very promptly. I would like to thank Ian and Maginnis Howard. I will highly recommend any dispute that includes an Arbitration Agreement, there could no be a better Firm to represent you!
— Daniel B.
Ian is an excellent communicator who knows how to work with these companies to obtain a resolution and get you the best settlement offer possible. I highly recommend Ian and the Maginnis Howard law firm for anyone navigating the arbitration process.
— Cheille H.
I'm very grateful for his representation and the result we achieved. If you're facing arbitration and feel overwhelmed or unsure of your rights, I highly recommend Ian Vance and Maginnis Howard. They know how to handle these cases and fight for their clients.
— Ryan Z.

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