Lottoland is considered to be one of the best bookmakers for lotto wagering and a sportsbook was recently added to the site, which we have reviewed in full. While there are better options for sports betting out there, Lottoland outshines its competition when it comes to deposits and withdrawals. Indeed, the minimum limits are very low.
In the table below, we have collected everything you need to know about withdrawals at Lottoland, from the payment methods available to the withdrawal time for each. Unfortunately, while the minimum withdrawal limit is impressive, the bookmaker is significantly behind other bookmakers when it comes to speed.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa
| No minimum | Not specified | No fee | 2-5 business days |
Mastercard
| No minimum | Not specified | No fee | 2-5 business days |
Bank Transfer
| No minimum | Not specified | No fee | 2-5 business days |
For customers at Lottoland, the fastest way to withdraw betting winnings is via debit card, which instantly tells you that withdrawals are not fast. Indeed, it is stated on the site that the processing time for withdrawals is 2-5 business days, but it could even take longer than that for the funds to arrive. In fact, when we made a withdrawal test on the site, we got a confirmation email which said 5-15 business days (see more below).
It is clear that Lottoland could use an e-wallet such as PayPal or perhaps even the increasingly popular Skrill for withdrawals. This would speed up the withdrawal times significantly and it would likely also increase the popularity of Lottoland. After all, punters prefer to get their hands on the winning quickly and the best bookmakers in the UK offer this.
If you haven't withdrawn money from Lottoland before, you can follow our step-by-step guide below:
First of all, make sure that you are logged in to your Lottoland account. Then, tap on the profile icon in the top-right corner of your screen and choose 'Payout' in the drop-down menu. This will bring you to the page for withdrawals.
The next step is to enter the amount you would like to withdraw. Just like with deposits, you can withdraw as little as £1 at Lottoland, with the site even stating that there is no minimum. In our test, though, we decided to go with £1.
Any saved cards will show up in the Lottoland cashier. Customers seeking the most seamless way to process a withdrawal should select the same payment method they used to deposit. Trustly, MuchBetter and Paysafecard can only be used for deposits, not withdrawals, so you will either have to go with a debit card or bank transfer.
After picking a card to withdraw to - or selecting the bank transfer option - you just need to tap on the green 'Payout Now' button. The payment request will then be processed and a confirmation message sent via email. Although the processing time is 2-5 business days, UK users at Lottoland can expect to wait 5-10 business days for the funds to clear.
£5 Stake Back as a Free Bet
Min. Deposit | £5 |
---|---|
Max. Amount | £5 |
Turnover | No wagering |
Expiration | 7 days |
Isak is an experienced content writer with a background in sports journalism. Having focused mainly on football in the past, he certainly knows a thing or two about the betting industry. At BettingLounge, Isak makes sure that all of the content is up to date, specialising in reviews of UK betting sites.