No, you do not.
During the cash out process, you’ll be asked for an email address where you’d like your money to be sent.
If you do already have a PayPal account, use the contact info for your existing account, and the money will be deposited directly into your account.
If you don't already have a PayPal account, you’ll receive instructions to the email address you provide about how to create an account and claim your cash.
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