Wealthsimple Monthly Millionaire October 2026: $1 Million Prize, Draw Dates and Rules
October changes the prize mix: four weekly draws lead to a $1 million cash grand prize on October 29, alongside Canadian brand credits and product prizes.
October has four weekly draws
The October contest runs from October 1 at 12:00 a.m. ET through October 28 at 11:59 p.m. ET. Wealthsimple says there are four weekly draws, with the $1 million grand prize awarded in Week 4.
The final draw is Thursday, October 29. Wealthsimple's app says to come back every Thursday to see whether you've won.
| Week | Reveal | What is at stake |
|---|---|---|
| Week 1 | Thursday, October 8 | Secondary prizes |
| Week 2 | Thursday, October 15 | Secondary prizes |
| Week 3 | Thursday, October 22 | Secondary prizes |
| Week 4 | Thursday, October 29 | $1,000,000 grand prize + secondary prizes |
The headline prize is $1 million cash
Adding the October prize-table quantities gives 226,683 prizes: one $1,000,000 cash grand prize and 226,682 secondary prizes. The weekly aggregate counts elsewhere in the terms differ. The grand prize is deposited into a personal Wealthsimple Chequing account.
Secondary prizes are either Canadian Brand Credits worth $10 to $100 or one of several named products. Unlike September's condo giveaway, October's grand prize is cash.
The October cap is 100,000 entries per entrant
The October limit is 100,000 entries across all methods, including the direct-deposit multiplier. Qualifying deposits and referrals must complete during October 1–28; withdrawals can reduce net-deposit entries.
Do not read an entry count as a percentage chance of winning. Wealthsimple says the odds depend on the total number of eligible entries received, and that denominator is not shown in the contest terms.
| Method | Entries and requirements |
|---|---|
| Registration | 500 entries with a registered, eligible personal chequing account holding at least $1. Prior eligible registrants are automatically enrolled unless opted out. |
| External funding | 1 entry per $1 of qualifying net deposits. Deposits must be initiated and completed in the October window; institutional transfers must complete in it. |
| Refer a friend or family member | 5,000 entries for the referrer when an eligible new client uses their code and completes $100 of qualifying funding within 30 days and by October 28. A pre-existing personal, family or friend relationship is required. |
| Direct deposit | Eligible employer or government payroll doubles entries, subject to the total cap. Transfers and e-Transfers do not qualify for this multiplier. |
| Daily actions | One coin spin a day can award entries. Visiting the featured business through the in-app Business Spotlight earns 200 entries a day. |
| Business chequing | 10,000 entries for opening and funding an eligible new business chequing account with at least $1, subject to the business rules. |
| No purchase | The official rules provide essay-entry methods; no account funding or purchase is necessary through that route. |
Who can enter
You must be a legal resident of Canada and the age of majority where you live; Quebec residents can enter. Wealthsimple and partner staff, contractors engaged to promote the contest, and their immediate family or household members are excluded under the full rules.
Register for Monthly Millionaire separately from any referral or card offer. Using the site's referral code does not enter you in the contest or guarantee referral entries.
How to check whether you won
Open Monthly Millionaire in the Wealthsimple app on the Thursday reveal dates. Secondary claims close at 11:59:59 p.m. ET on the fifth day after reveal; the grand-prize claim deadline is the thirtieth day. Skill-testing and other claim requirements apply.
The winners page below tracks the October draw schedule without guessing a winner before Wealthsimple publishes or reveals one.
Frequently asked questions
Common questions
What is the Wealthsimple Monthly Millionaire prize for October 2026?
The October grand prize is CAD $1,000,000 cash. The contest also has Canadian Brand Credits and named product prizes.
When is the Wealthsimple $1 million draw?
The Week 4 draw and reveal are scheduled for Thursday, October 29, 2026, after the October contest closes at 11:59 p.m. ET on October 28.
How many entries can I have in October?
The October terms state a maximum of 100,000 entries per entrant.
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