DraftKings: $400,000 Christmas Day Contest!

Christmas Day on DraftKings, $400,000 is being given away in a one-day fantasy basketball league! It only costs $3 to enter (and if you’re a first-time user, it’s FREE). The first-place team in this league wins $30,000 and each of the top 33,000 finishers will win a cash prize. You must submit your team before noon ET on Friday (click here to play).

Last season, Basketball Insiders readers won over $45,000 playing in DraftKings contests and this year it could be you taking home the big prizes. Use your NBA knowledge to earn some money!

Curious how to play DraftKings? Here are the steps to sign up:

1. Create a DraftKings account or sign into an existing one. <- CLICK TO PLAY

2. Create your eight-man roster consisting of a starting PG, SG, SF, PF, C, backup G, backup F and a utility player of any position while staying under the $50,000 cap. You must submit your roster before the start of the first game tonight at 7:30 p.m. ET.

3. Finish in the top 33,000 teams and win cash. That’s it!

Here is a sample team for Christmas: