Learn how the MLB Grand Slam payout works on DraftKings. Bet on a home run and win a share of the $250K DraftKings Grand Slam jackpot.
The MLB Grand Slam payout is one of the most unique betting opportunities on DraftKings, giving players a chance to turn a simple home run pick into a share of a massive daily jackpot. With the DraftKings Grand Slam promo, bettors who correctly pick a player to hit a grand slam can split a $250,000 Bonus Bet prize pool, and if no grand slams are hit, the payout rolls over and keeps growing.
If you’re wondering how the Grand Slam payout works, what bets qualify, and how to enter on DraftKings, this FAQ breaks down everything you need to know.
DraftKings Grand Slam Payout FAQ
What is the MLB Grand Slam payout on DraftKings?
The MLB Grand Slam payout is a daily promotion where DraftKings offers a $250,000 Bonus Bet jackpot. If you place a qualifying home run bet and your player hits a grand slam, you win a share of the prize pool.
How does the DraftKings Grand Slam payout work?
The DraftKings Grand Slam payout is split evenly among all winners:
- Place a qualifying home run bet using your token
- If your player hits a grand slam, you qualify
- The $250,000 jackpot is divided among all winners
If multiple players hit grand slams, all eligible winners across those players split the same prize pool.
To participate in the DraftKings Grand Slam promotion:
- Opt in to the offer
- Receive 1 Qualifying Bet Token
- Place a $5+ pre-game MLB home run bet
- Apply the token before placing your wager
You must opt in each day the promotion is offered.
What bets qualify for the Grand Slam payout?
Eligible bets include:
- MLB home run props (Batter Props → Home Runs)
- Pre-game single bets, parlays, or Same Game Parlays
- Maximum 3 legs (3 players)
Requirements:
- Minimum bet: $5
- Token must be selected in the betslip before placing the bet
What happens if my player hits a grand slam?
If your player hits a grand slam:
- You win a share of the MLB Grand Slam payout
- The prize is awarded as Bonus Bets
- The total payout depends on how many winners there are
What if multiple players hit grand slams?
If more than one player hits a grand slam:
- The Grand Slam payout is split across all winners
- This includes bets placed on any of the grand slam hitters
More winners = smaller individual payouts.
What happens if no grand slams are hit?
If no grand slams are hit on a given day:
- The DraftKings Grand Slam payout rolls over
- The jackpot increases for the next eligible day
Example:
- Day 1: $250K
- No winners → Day 2: $500K
When does the Qualifying Bet Token expire?
- The token is single-use
- Expires at the start of the final MLB game each day
- Must be used before placing your bet
When are Grand Slam payouts awarded?
- Bonus Bets are credited within 72 hours after settlement
- Timing may vary depending on when games conclude
You must be:
- 21+ (18+ in select jurisdictions)
- Physically located in an eligible state (including MA, NY, NJ, PA, AZ, CO, and more)
- A registered DraftKings Sportsbook user
Key Takeaways: MLB Grand Slam Payout on DraftKings
- Start with a $250,000 Grand Slam payout
- Bet on MLB home run props
- Only a grand slam triggers the jackpot
- Jackpot rolls over if no winners
- Split among all winning bettors