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North Carolina Legalizes Sports Betting: Everything You Need to Know

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  Published in Sports and Competition on Wednesday, November 12th 2025 at 16:53 GMT by Sporting News

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North Carolina Sports‑Betting 101: Everything You Need to Know

On a historic Tuesday in 2023, North Carolina voters approved a ballot measure that would finally legalize sports betting in the state, a long‑awaited milestone for fans, operators and lawmakers alike. Since the approval, the state has moved from the ballot to the ballot box – setting a launch date, establishing a regulatory framework, and choosing a single operator to run the program. The result is a streamlined, lottery‑backed sports‑betting platform that’s available to all North Carolina residents who are 21 or older. Below is a comprehensive rundown of how the system works, what you can bet on, and where the money goes.

1. The Legal Landscape

• When Betting Is Legal – The law went into effect on September 1, 2023. It explicitly prohibits any form of sports betting outside of the licensed operator’s platform, meaning that no parlay parlors or “betting rooms” will exist in bars, restaurants or other venues.
• Who Can Bet – Only North Carolina residents who are 21+ can place a wager. The state’s online sports‑betting platform will automatically check an account’s residence and age during account creation and during each wager.
• The Governing Body – The North Carolina Lottery now acts as the regulator for the sports‑betting program, setting rules, collecting taxes and allocating revenues. The Lottery is also responsible for enforcing responsible‑gaming policies and for monitoring operator compliance.

2. The Operator and the Platform

• DraftKings is the Sole Operator – The state chose DraftKings via a bidding process, awarding the operator a 10‑year license. DraftKings will run the platform both on the Lottery’s website and via its own app.
• How to Access – The platform can be reached at the official NC Lottery “Sportsbook” page (the article includes a direct link). You can also download the DraftKings app from the Apple App Store or Google Play. The interface is identical across devices, with a “Sports” tab that lists all available contests.
• Account Setup – Creating an account requires:
  1. A valid U.S. phone number and email.
  2. A North Carolina driver’s license or other government‑issued ID for age verification.
  3. An optional deposit method (credit/debit card, ACH transfer, or digital wallet).
• Promotions – DraftKings typically offers a first‑bet free wager or a deposit match (e.g., $100 deposit, $100 bet). These promotions are available only for residents and expire if not used within a set window.

3. What You Can Bet On

The law’s scope is broad, covering all major sports that take place in North Carolina. The article breaks the offerings down into four categories:

• High School Sports – Not permitted. The law explicitly prohibits wagering on local high‑school games, college‑level events are the limit.
• Live In‑Play Betting – DraftKings’ platform offers “Live” betting on most games, but there’s a cut‑off period just before the final play of a game.

4. Types of Bets and How to Place Them

To place a bet, simply tap on a game, select the desired market, input your stake, and confirm. You can also set “limit bets” (e.g., “Win $500 maximum”) to manage your bankroll.

5. Deposits, Withdrawals, and Taxes

• Deposit Limits – There is a $10,000 per week deposit cap to promote responsible gaming.
• Withdrawal Options – Players can withdraw winnings to a bank account, PayPal, or a prepaid debit card.
• Taxation – The Lottery collects a 10% tax on gross wagers and allocates the revenue to education. Individual bettors must still report winnings on their federal tax returns; the operator will issue a Form W‑2G if applicable.

6. How Revenue Helps the State

The 10% tax on bets translates into a sizable new revenue stream for North Carolina:

• Projected Annual Revenue – The state anticipates $50–$60 million in tax revenue in the first year, with potential growth as the market matures.
• Allocation – All collected funds are earmarked for K‑12 public schools. This ties the betting program to educational outcomes, giving communities a tangible reason to support the initiative.

7. Responsible‑Gaming Features

DraftKings and the NC Lottery embed a suite of tools to help players stay in control:

• Betting Limits – Set daily, weekly, or monthly limits on stakes or losses.
• Self‑Exclusion – Players can block themselves from the platform for a set period.
• Reality Check – Timed prompts that inform you how long you’ve been playing.
• Deposit Receipts – Transparent statements help you track spend.

The Lottery’s website also hosts a Responsible Gaming Resource Center with links to counseling services and hotlines.

8. FAQs – Quick Answers for New Bettors

9. Next Steps for Interested Bettors

1. Visit the Official Lottery Sportsbook Page – https://www.nclottery.com/sportsbook (link included in the article).
2. Create an Account – Follow the quick sign‑up process.
3. Deposit Funds – Add a card or connect a bank account.
4. Place Your First Bet – Pick a game, choose a market, set your stake.
5. Enjoy the Experience – The platform’s user interface is designed for both novices and seasoned bettors.

10. Final Thoughts

North Carolina’s foray into legal sports betting is a milestone that blends state oversight, community benefit, and a robust platform. By restricting betting to a single licensed operator and embedding the program within the Lottery, the state keeps the market tight, transparent, and accountable. The projected revenue stream promises to help fund public schools, giving the program an extra incentive for residents to support it. Whether you’re a die‑hard college football fan, a fantasy‑league enthusiast, or just curious about sports wagering, the NC Lottery’s Sportsbook offers a straightforward, secure way to enjoy the games you love—responsibly.

For more details, check out the official NC Lottery sports‑betting page, the DraftKings app, and the state’s responsible‑gaming resources linked in the article.