$3,000 IN DAILY PRIZES

IMPORTANT LEGAL NOTICE REGARDING CONTEST RULES OF DRAFTKINGS

IMPORTANT! PLEASE CAREFULLY READ THESE PROMOTION RULES (hereinafter, "Promotion Rules") BEFORE ENTERING THE DRAFTKINGS HOOPS PREDICTION CHALLENGE PRESENTED BY COORS LIGHT AS THESE RULES AFFECT YOUR LEGAL RIGHTS AND OBLIGATIONS. NO PAYMENT, PURCHASE OR ENTRY FEE NECESSARY. VOID WHERE PROHIBITED.

PROMOTION DESCRIPTION

DraftKings is pleased to announce an exciting new promotion, the DraftKings Hoops Prediction Challenge Presented by Coors Light (hereinafter, the "Promotion"). Entrants to the Promotion (“Player” or “Players”) will have the opportunity to win different prizes (defined below). In order to be eligible to participate in the Promotion, Players must be 21 years or older, legal residents of the United States, and physically located in any of the 50 states or Washington, D.C. No purchase is necessary to enter the Promotion. In addition, MillerCoors LLC”) (“MillerCoors”) shall hereby be deemed an official "Promotional Partner” of the Promotion and shall expressly be afforded all of the rights, protections, and defenses granted to DraftKings under these Promotion Rules.

Each day of the 2020 NCAA Men’s Basketball Tournament (the “Tournament”) beginning on March 17, 2020 and ending April 6, 2020, a total of twelve (12) days (the “Promotion Dates”), DraftKings will pose to players a set of eight (8) prop questions (the “Prop[s]” and each set of Props a “Set[s]”) asking for predictions relating to that days’ tournament games. Players will only be asked about games that occur on that day of the tournament; the Props will not involve games that occur on other days of the week. Each Prop will be multiple choice and have multiple answers for players to choose from. Players will earn points based on how many Props they answer correctly. Each correct answer is worth one (1) point.

Those Players who accumulate the most points in a given week shall be eligible to receive a portion of THREE THOUSAND DOLLARS ($3,000) (the “Weekly Prize” - portions of the Weekly Prize hereinafter the “Prize Money”). Prize Money will be distributed to the highest-scoring Players each week based on how many Players received the highest score that week (if only one Player receives the highest score in a given week, he or she shall receive the entire $3,000). DraftKings reserves the right to modify Prize Money disbursement in any way it deems necessary in its sole discretion.

The Promotion will be hosted across all DraftKings core platforms throughout the Promotion Dates, including the DraftKings website at https://draftkings.com/lp/march-hoops. No points shall be awarded after the Promotion Dates. The Promotion shall be administered and scored according to these Promotion Rules (the “Rules”). These Rules, in conjunction with the DraftKings' Terms of Use and Privacy Policy, shall govern the Player eligibility, Promotion conduct, and rules of play of the Promotion. In the event of a conflict between these Rules and the DraftKings’ Terms of Use or Privacy Policy, these Rules shall govern.

RULES OF PLAY

Players shall compete for the most points in the Promotion each of the 12 days of the Tournament through the Program Dates in accordance with the below scoring rules. Questions will be released each day of the Tournament by 10:00 am EST during the Program Dates. Players shall log-in and select their answers to questions pertaining to that day’s slate of Tournament games. All answers to the Props must be submitted by the start of the first game every day of the Tournament during the Promotion. DraftKings reserves the right to modify this and any deadlines or release times herein in real-time when, in its sole discretion, DraftKings deems it necessary to do so. Answers may not be submitted, nor may they be modified, after the deadline. Players’ scores will be updated by DraftKings on the following day. DraftKings’s computer shall be the official clock for all purposes of the Promotion. Scoring will be awarded in accordance with the following table:

SCORING
• Eight (8) total Props per Set, one Set per day of the Tournament.
Weekly scoring breakdown:
o Eight (8) multiple choice questions
? 8 x Standard 8pts ? Total 8pts

If any changes occur at any time regarding the Tournament game schedule, including but not limited to game cancellations, delays, or modified game start-times, or if any changes occur to any Tournament team roster in any given day, including but not limited to players not participating in their games, playing only limited minutes, or playing a larger or smaller role for their team, or if any other changes occur that effect any of the Props or render a particular Prop no longer relevant or applicable, DraftKings reserves the right to remove that Prop(s) (and all associated points) from the Promotion, in its sole discretion, or modify the relevant Prop(s) in any way DraftKings sees fit. DraftKings is not responsible for unforeseeable changes relating to Tournament games that render Props obsolete, irrelevant, wrong, or in any other way inapplicable.

HOW TO ENTER

There is one way to enter the Promotion (“Entry Method”). Players must have an existing DraftKings account. Players may create a free account with DraftKings at www.draftkings.com (the “DK Website”) by completing the DraftKings registration requirements on that page ("DK Registration Requirements"). To complete the DK Registration Requirements, entrants will be required to provide a username of their choice, a password, email address, date of birth, and country and state of residence (as applicable). Player’s acknowledge that such information shall be considered Player’s contact information for purposes of the Promotion and pursuant to the DraftKings standard Terms of Use, found here https://www.draftkings.com/terms-of-use (“DraftKings Terms of Use”). A potential winner of any Prize will be required to provide proof that he/she is the person set forth on the DK Registration Requirements as evidenced by appropriate documentation as determined in DraftKings’ sole discretion. Once a Player has registered for their DraftKings account, they can then enter the Promotion using their DraftKings login details at the Promotion’s official webpage (https://draftkings.com/lp/march-hoops).

No purchase is necessary; entry in the promotion is free. Entry is limited to one (1) entry per person and per email address. Multiple entries will automatically result in disqualification. All Players will be required to select Props pertaining to the events that may or may not occur in Tournament games. All Players’ answers to the Props must be submitted by the start of the first game every day of the Tournament.

Proof of submission of an entry does not constitute proof of receipt of entry by DraftKings or its agents. DraftKings reserves the right to void all entries made through any third-party website or service, or through any robotic, automatic, mechanical, programmed or similar entry duplication method, and to disqualify any individual using such a website, service or entry method. DraftKings is not responsible for technical difficulties or Internet service disruptions or other equipment or service issues which might affect an online user’s ability to enter and qualify or the ability of DraftKings to notify the winners. Facsimiles or mechanical reproductions will not be accepted, and entrants may not use any other device or artifice to enter in excess of the number of entries allowed.

MAXIMUM NUMBER OF ENTRIES

Once a Player has accumulated one (1) entry to the Promotion they are no longer allowed to add entries in the Promotion. Players may return each day of the Tournament to submit their answers to the days Set of Props. Each Tournament days’ submissions limited to one (1) per Player.

Eligibility

In order to be eligible to participate in the Promotion, Players must be 21 years or older, legal residents of the United States, and physically located in any of the 50 states or Washington, D.C. Players must also satisfy all other requirements contained herein and at all times abide by these Promotion Rules. Void where prohibited or restricted by law – no purchase necessary. Prior to any prizes being dispensed, all ages of any reward winners may be verified with DraftKings. Employees of DraftKings and Pepsi, and each of their respective affiliates, officers, directors, employees, agents, advertising, public relations and promotion agencies, and members of each of their immediate families (i.e., spouses, parents, children and siblings, and their respective spouses) and those living in the same household of each are not eligible to participate in the Promotion.

Conditions on Claiming Prize

Earned Prize Money will be deposited directly into the winning Players’ DraftKings account. Any deposits shall be made within 24 hours after the final day’s Tournament game has ended. DraftKings reserves the right to evaluate, withhold, and otherwise modify Prize Money deposits as it deems reasonably necessary.

Where legal, the winners must consent to the use of his/her name, voice, video, and likeness/photograph in and in connection with the development, production, distribution, commercialization, promotion and/or exploitation of DraftKings, MillerCoors, and the Promotion in a form reasonably directed by the organizers of the Promotion or other representatives of DraftKings;

Players agree to be bound by and adhere to all rules and codes of conduct as required by the terms and conditions during their participation in the Promotion;

Players consent to the release of certain personal information to DraftKings and MillerCoors for purposes related to participation and eligibility for their participation in the Promotion;

Players agree to execute other documents as DraftKings may reasonably request;

Players agree to pay all taxes, title, registration fees, and like amounts in connection with the Prize Money; and

At all times, Players shall conduct him/herself in a professional manner and shall not be involved in any conduct or activity that may bring the winner into disrepute or harm the finalist or winner's name or reputation.

(hereinafter, collectively, the "Requirements").

Respond in a timely manner to DraftKings’ reasonable requests to facilitate trip planning and coordination;

At all times while traveling to, from and while attending the trip to the FHWC, use his/her best endeavors to uphold the good name, image and reputation of DraftKings and shall not make any statements or engage in conduct which could damage or bring into disrepute the name and/or image and/or reputation of DraftKings; and

At all times conduct him/herself in a professional manner, and shall not be involved in any conduct or activity that may bring the winner into disrepute, or harm the finalist or winner's name or reputation.

(hereinafter, collectively, the "Requirements").

In the event a winner of Prize Money is not able to meet the Requirements for claiming the Prize Money, such Winner or finalist shall not be entitled to such Prize Money or any other prize, compensation or monetary value whatsoever, and DraftKings will have no further obligation to the Winner or finalist, as applicable. The winners of any Prize Money must be able to fulfill the Requirements. A Promotion winner's failure to fulfill the Requirements shall constitute a disclaimer by the finalist or winner of the Prize Money, or any other prize, compensation, or monetary value of any nature whatsoever associated with or otherwise related to the Promotion.

THE PRIZE MONEY IS AWARDED AS IS AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. SOME JURISDICTIONS MAY NOT ALLOW (OR MAY LIMIT) DISCLAIMERS OF CERTAIN WARRANTIES, IN WHICH CASE THE FOREGOING DISCLAIMERS WILL BE ENFORCED TO THE MAXIMUM EXTENT PERMITTED BY LAW.

All prizes may not be transferred and must be accepted as awarded, and any difference between approximate and actual prize value will not be awarded. DraftKings reserves the right to substitute a prize with another prize of equal or greater value if the prize is not available for any reason, as determined by DraftKings, in its sole discretion. DraftKings to ship the prizes. DraftKings reserves the right to choose to ship the prizes in a means DraftKings finds, in its sole discretion, reasonable. DraftKings may not be liable for any damages, delays, or other issues that occur during the shipping process. However, DraftKings, in its sole discretion, may take reasonable measures to replace any prizes that can be proven to have been lost or damaged during the shipping process.

RELEASE

By entering the Promotion, each Player agrees to: (a) comply with and be bound by these Promotion Rules and the decisions of DraftKings and MillerCoors, (including, without limitation, the answers to all Props) which are binding and final in all matters relating to this Promotion; (b) release and hold harmless DraftKings, MillerCoors, the prize suppliers and any other organizations responsible for sponsoring, fulfilling, administering, advertising or promoting the Promotion, and all of their respective affiliates and related entities and each of their respective officers, directors, agents, vendors, employees and other representatives (collectively, the “Released Parties”) from and against any and all claims, expenses, and liability, including but not limited to negligence and damages of any kind to persons and property, including, but not limited to, invasion of privacy (under appropriation, intrusion, public disclosure of private facts, false light in the public eye or other legal theory), defamation, slander, libel, violation of right of publicity, infringement of trademark, copyright or other intellectual property rights, property damage, or death or personal injury arising out of or relating to a Player’s entry, creation of an entry or submission of an entry, participation in the Promotion, acceptance or use or misuse of prize (including any travel or activity related thereto) and/or the broadcast, exploitation or use of entry; and (c) indemnify, defend and hold harmless the Released Parties from and against any and all claims, expenses, and liabilities (including reasonable attorneys’ fees) arising out of or relating to an Player’s participation in the Promotion and/or entrant’s acceptance, use or misuse of prizes.

EFFECT OF CONTEST RULES ON TERMS OF USE

The Terms of Use on the DraftKings website (https://www.draftkings.com/help/terms) shall apply to the Promotion and to these Promotion Rules and are hereby incorporated herein by reference. These Promotion Rules are intended to be a supplement to the Terms of Use and should not be determined to be a substitute or replacement for, or otherwise render inapplicable, the Terms of Use. To the extent that any provision of these Promotion Rules conflicts with any provision in the Terms of Use, the provision contained in these Promotion Rules shall apply, and the provision contained in these Promotion Rules shall be deemed to supersede the conflicting provision contained in the Terms of Use unless otherwise stated herein. In no way other than a provision of these Promotion Rules that explicitly conflicts with a provision in the Terms of Use shall these Promotion rules to be deemed to replace or nullify any provision contained in the Terms of Use.

EFFECT OF CONTEST RULES ON PRIVACY POLICY

The Privacy Policy on the DraftKings website (https://www.draftkings.com/help/privacynotice) shall apply to the Promotion and to these Promotion Rules, and are hereby incorporated herein by reference. These Promotion Rules are intended to be a supplement to the Privacy Policy and should not be determined to be a substitute or replacement for, or otherwise render inapplicable, the Privacy Policy. To the extent any provision of these Promotion Rules conflicts with any provision in the Privacy Policy, the provision contained in these Promotion Rules shall apply, and the provision contained in these Promotion Rules shall be deemed to supersede the conflicting provision contained in the Privacy Policy unless otherwise stated herein. In no way other than a provision of these Promotion Rules that explicitly conflicts with a provision in the Privacy Policy shall these Promotion rules to be deemed to replace or nullify any provision contained in the Privacy Policy.

WARRENTIES AND CONSENTS

By entering the Promotion, you: (a) represent and warrant that (i) you have read, and agree to be bound by, these Promotion Rules and any applicable policies or, as applicable, (ii) based on these Promotion Rules, you are eligible to participate in the Promotion, and (iii) all of the information provided as part of your entry is accurate, does not violate any third party’s legal rights (including, without limitation, rights of privacy and publicity), and otherwise does not violate applicable law; (b) consent to the use of your name and/or likeness by DraftKings and MillerCoors for promotional purposes (whether online, in print or through any other media now known or hereafter developed), without additional compensation or authorization unless prohibited by law; and (c) agree to be bound by the interpretations of these Promotion Rules by the DraftKings, in its sole and absolute discretion, which are final and binding in all matters relating to the Promotion.

DISCLAIMER OF WARRANTIES

DRAFTKINGS IS PROVIDING THE PROMOTION ON AN “AS IS” AND “AS AVAILABLE” BASIS. DRAFTKINGS DOES NOT REPRESENT OR WARRANT THAT THE PROMOTION OR THE TECHNOLOGY USED TO PROVIDE IT: (I) WILL BE UNINTERRUPTED OR SECURE; (II) WILL BE FREE OF DEFECTS, INACCURACIES OR ERRORS; OR (III) WILL MEET YOUR REQUIREMENTS OR ENABLE YOU TO PARTICIPATE IN IT. DRAFTKINGS MAKES NO WARRANTIES OTHER THAN THOSE MADE EXPRESSLY IN THESE RULES, AND HEREBY DISCLAIMS ANY AND ALL IMPLIED WARRANTIES, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY AND NON-INFRINGEMENT.

LIMITATION OF LIABILITY

The Released Parties are not responsible for: (a) any incorrect or inaccurate information, whether caused by entrants, printing errors, or by any of the equipment or programming associated with or utilized in the Promotion; (b) technical failures of any kind, including, but not limited to malfunctions, interruptions or disconnections in phone lines or network hardware or software; (c) unauthorized human intervention in any part of the entry process or the Promotion; (d) technical or human error which may occur in the administration of the Promotion or the processing of entries; or (e) any injury or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from Player’s participation in the Promotion or receipt or use or misuse of any prize. If for any reason an entrant’s entry is confirmed to have been erroneously deleted, lost or otherwise destroyed or corrupted, entrant’s sole remedy is another entry in the Promotion, provided that if it is not possible to award another entry due to discontinuance of the Promotion, or any part of it, for any reason, DraftKings, at its discretion, may elect to hold a random drawing from among all eligible entries received up to the date of discontinuance for any or all of the prizes offered herein. No more than the stated number of prizes will be awarded. One prize per person only. In the event that production, technical, seeding, programming or any other reasons cause more than the stated number of prizes as set forth in these Official Rules to be available and/or claimed, DraftKings reserves the right to award only the stated number of prizes by a random drawing among all legitimate, unawarded, eligible prize claims.

MARKETING DISCLAIMER

By entering the Promotion, each Player agrees to receive communications from DraftKings Inc. and MillerCoors. Notwithstanding anything to the contrary, all Players agree to receive communications from DraftKings regarding marketing activities, promotions, relevant legislative efforts and other grassroots activities. All Players may opt out of such communications at their discretion.

CONSENT OF USE

Each Player who enters the Promotion hereby agrees and consents, without further authorization, to forego compensation or remuneration of any kind, to the editing, modification, replication, publication and/or other use of the names, likenesses, photographs, videos, voices, Entries and the like of the Player in any medium, whether now known or hereafter developed, including, without limitation, any and all advertising, promotions, and other publicity conducted by DraftKings and MillerCoors. Notwithstanding the generality of the foregoing, each Player further assigns any and all rights he or she may have over his or her entry to DraftKings without further authorization, compensation or remuneration of any kind.

MISCELLANEOUS

As used herein, a "Force Majeure" event shall mean the interruption of or material interference with DraftKings' ability to grant to the winners the Prize by any cause or occurrence not within DraftKings' reasonable control, including, but not limited to, fire, flood, epidemic, earthquake, explosion, hurricane, terrorist threat or activity, public health emergency (e.g., SARS), act of God or public enemy, satellite or equipment failure, riot or civil disturbance, war (declared or undeclared), or any federal, state or local government law, order or regulation, or order of any court. In the event of a Force Majeure, DraftKings may reschedule the Promotion, or may cancel the Promotion altogether.

DRAFTKINGS’ DECISIONS AS TO THE ADMINISTRATION AND OPERATION OF THE PROMOTION AND THE SELECTION OF POTENTIAL WINNERS ARE FINAL AND BINDING IN ALL MATTERS RELATED TO THE PROMOTION. A PLAYER IS NOT A WINNER OF ANY PRIZE UNLESS AND UNTIL PLAYER’S ELIGIBILITY AND THE POTENTIAL WINNING ENTRY HAS BEEN VERIFIED AND PLAYER HAS BEEN NOTIFIED THAT VERIFICATION IS COMPLETE. DRAFTKINGS WILL NOT ACCEPT SCREEN SHOTS OR OTHER EVIDENCE OF WINNING IN LIEU OF ITS VALIDATION PROCESS. ANY ENTRY THAT OCCURS AFTER THE SYSTEM HAS FAILED FOR ANY REASON IS DEEMED DEFECTIVE AND IS VOID AND WILL NOT BE HONORED.

DraftKings reserves the right to alter these rules and event at any time in DraftKings' sole discretion upon reasonable notice to you; provided however that any change in the Prize shall be made prior to the beginning of the Promotion.

DraftKings reserves the right to conduct a background check of any criminal records of any prize winner. To the extent necessary and permitted by law, prize winners authorize this background check. DraftKings reserves the right, at its sole discretion, to disqualify any prize winner from any prize element, based on the background check. Winner also accepts sole responsibility for any miscellaneous costs relating to acceptance of a prize.

By participating in the Promotion, the player agrees to be bound by the terms of these Promotion Rules, and the Terms of Use, and hereby agrees to disclose all applicable information to DraftKings, such information subject to the Privacy Policy.

The value of the prize(s) won by a Player in the Promotion may be taxable as income to its winner. Winner is solely responsible for any and all taxes and/or fees associated with the prize. Winner will be issued an IRS Form W-9 with the Affidavit of Eligibility and Release and a subsequent IRS Form 1099 if necessary. Upon receipt of a prize, the winner shall be required to comply with any and all applicable federal, state and local laws, rules and regulations.

The stated ARV of the prize is based on available information provided to DraftKings. Any difference in ARV at the time of awarding will not be awarded, and the value of any prize awarded to a winner may be reported for tax purposes as required by law. DraftKings has not made any warranty, representation or guarantee, expressed or implied, in fact or in law, with respect to any prize awarded, and specifically disclaim all such warranties, representations or guarantees, including, without limitation, any warranty of merchantability or fitness for a particular purpose.

Electronic Entries: In the event of a dispute, online entries will be deemed made by the authorized account holder of the email address submitted at time of entry. The authorized account holder is the natural person who is assigned to the email address by an Internet access provider, online service, or other organization that is responsible for assigning email addresses. Potential Winner may be required to show proof of being the authorized account holder. CAUTION: ANY ATTEMPT BY A PERSON TO DELIBERATELY DAMAGE ANY WEBSITE OR UNDERMINE THE LEGITIMATE OPERATION OF THIS PROMOTION IS A VIOLATION OF CRIMINAL AND CIVIL LAWS. SHOULD SUCH AN ATTEMPT BE MADE, DRAFTKINGS RESERVES THE RIGHT TO SEEK DAMAGES FROM ANY SUCH PERSON TO THE FULLEST EXTENT PERMITTED BY LAW.