Congratulations! You earned some dough. Here is how you get paid:
There are two ways to receive purse earnings: (1) by direct deposit into your bank account, or (2) by check. Either way, you need to designate your payment preference through your online Rider Profile Account. If you have not already done so, log onto your Rider Profile and complete the necessary information.
Make sure that you correctly submit the necessary IRS forms as well. If you are operating as a company and want to get paid through your company, make sure the IRS form is completed with the information for your company, and that you use the FEIN for your company, and not your own SSN.
We issue purse payroll every two weeks — just like a real job! The first payroll this season will include the first two rounds. Thereafter, payroll will be issued every other Friday.