Make Money Selling Plasma? Everything You Need To Know About Plasma Donation - Wealth of Geeks (2024)

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If you need extra cash, selling or donating your plasma can be an easy way to earn money.

We realize plasma donation may seem like an odd side hustle; however, what's cooler than getting paid to help save lives?

While regular blood donations, such as red blood donations, do not pay, plasma donors can make up to $300 to $400 monthly. Read on for more information about the process and to decide if this unique side gig is right for you.

How Much Is Plasma Worth?

Let’s start with what you want to know: how much can someone make donating plasma?

In short, your income depends on how often you donate, the company you give through, and whether they have any special promotions. Most centers will pay between $30 and $70 per donation.

Notably, most plasma centers give donors a prepaid card to contribute money after each donation. If you earn a bonus with one of the promotions, that money will also go on the card. Donors can use their cards just like a debit or credit card, and the cards work for online purchases or cash withdrawals at ATMs.

Users do not have to wait for a minimum amount to be added to the cards before using them. If the cards have funds available, donors can use that money.

How Often Can You Donate Plasma?

The U.S. Food and Drug Administration (FDA) allows two donations within seven days, with at least 48 hours between donations. However, according to the American Red Cross, the best practice is to donate plasma every 28 days, up to 13 times per year.

How Much Do You Get for Donating Plasma?

Most donation centers pay 30 to 70 dollars per donation. Individuals who donate twice every seven days can make between $240 and $560 a month.

Where Can I Donate Plasma?

Several companies nationwide take plasma donations. If you live in a large city, there is a good chance several donation centers are nearby. As you search for the location you would like to visit, you may want to look at their websites or call ahead to see if they offer bonuses or promotions for new donors.

You should also note that some companies do not have the same prices or promotions at every location. Therefore, if you have a friend in Los Angeles making $50 per donation, that same rate might not be available in New York.

Octapharma Plasma

Octapharma Plasma is one of the largest Plasma chains in the U.S. It has been around since the 1980s, with 86 donation centers in 30 states.

Biolife Plasma

BioLife Plasma has 81 locations in 31 states. They market heavily to students. Students comprise 60% of BioLife’s donor base, and many sites are near significant universities.

Donating plasma

The DonatingPlasmasite aggregates donation centers from across the globe. Most of their United States-based locations are in the South, Midwest, and the East Coast. There are a handful of sites in the West as well.

Csl Plasma

CSL Plasma has more than 200 donation centers in 39 states, many of which have several locations. These states include California, Texas, and Illinois, so residents will likely find a donation center nearby.

Grifols Plasma

Grifols Plasma has over 100 locations in the United States. Depending on where you are in the country, you may donate at one of their sister companies, Talecris Plasma Resources or Biomat USA.

What Are the Plasma Donation Requirements?

Some plasma donation requirements are the same regardless of what company you decide to use. For example, U.S. regulations state that each donor must be 18. Here are a few more common requirements:

Age Requirements

In every state, donor eligibility requires you to be 18 years old. Most companies will cap donors at 69 years old.

What To Bring

Some companies or locations may have different requirements, so call before donating. Some of the standard items that donors will need to bring for their first donation are:

  • A photo I.D.
  • Proof of a Social Security Number (Social Security card)
  • Proof of current address

A typical donation lasts over an hour, so here are a few things that you may want to choose to bring:

  • Book
  • Phone
  • Tablet or laptop, but because one of your arms will be used to donate, plan to do something passive, such as watching a movie.
  • Snack with sugar in it such as orange juice or cookies
  • Wear layers if you get cold quickly. Some donation centers are air-conditioned and can get chilly after sitting for over an hour.

Medical History

Before donating, the company will walk you through a health testing system. Most plasma banks will test donors for STDs and bloodborne illnesses, such as Hepatitis B or C. They will ask a series of health-related questions, so know your health history before going to the plasma bank.

Additionally, they will weigh donors, check their blood pressure, and perform other basic health testing. To qualify for a donation, donors must weigh at least 110 pounds.

How Does Plasma Donation Work?

When you arrive at a plasma donation center, you will be asked to show proof of identification. If it is your first donation, the medical staff will take you to a private room to ask about your medical history and understand anything that might affect your plasma's quality. This will include questions about tattoos or piercings from last year and any medications you might have taken.

Once you have cleared your medical history, a phlebotomist will prepare you for the donation process. They will clean your arm to prepare the injection site and make sure you are comfortable before beginning the donation.

How To Prepare for Selling Plasma

There are a few things that you can do to prepare for a successful plasma donation. Here are some things you should know before you go:

What Is Blood Plasma?

Blood comprises solid particles, red blood cells, white blood cells, and platelets. Blood plasma is the part of the blood outside of these particles and is made up mostly of water, enzymes, dissolved plasma proteins, antibodies, and clotting factors.

Who Needs Plasma Donations?

Bleeding Disorders: Having a bleeding disorder means you cannot properly clot blood.

Immunodeficiency Disorder:Individuals with animmunodeficiency disordercannot react to traditional antibiotics and they are constantly battling dangerous, life-threatening illnesses.

Alpha-1 Antitrypsin:Also known asgenetic emphysema, Alpha-1 is a hereditary condition that results in lung and liver disease in both adults and children.

Dialysis, Organ Transplants, and Rh Incompatibilities: Plasma contains hyperimmune globulins, a component vital to the treatment of patients undergoing such treatments, procedures, or with these conditions. – Arrest Your Debt

What Is the Process for Donating Plasma?

Usually, when you donate blood, it is generally collected in tubes lined with an anticoagulant (a coating to prevent the blood from clotting). Then, these tubes with your whole blood are placed into a centrifuge. A centrifuge is a machine that spins the blood; the spinning causes the components to separate. The large particles, red blood cells, white blood cells, and platelets all sink to the bottom. The rest, the plasma, floats to the top. Blood banks can then use all these components when preparing blood for patients needing transfusions in the hospital.

The process for donating plasma alone is slightly different. You still get your whole blood drawn out, but here, it goes directly into a machine that separates the plasma from the solid particles, a plasmapheresis process. Once the components are separated, the red blood cells, white blood cells, and platelets are returned to your body.

How Long Does It Take?

The donation process takes over an hour, sometimes up to 90 minutes. Plan to stay for at least two hours the first time you go because the paperwork will take extra time.

What Should I Do Beforehand?

Plasma donations can be taxing on the body and time-consuming. Here are a few things that you can do before you go to ensure a successful donation:

  • Get a full night’s sleep: You will not be permitted to sleep during your donation, so be sure that you feel fresh before donating.
  • Eat a well-rounded meal and stay hydrated: Ensuring that your blood sugar levels are stable and well-hydrated will guarantee you have a successful donation and will continue to feel good afterward.
  • Prepare your documentation: You will be turned away if you do not have a photo I.D., Social Security card, and other necessary documents, so be sure to check the website or call ahead to confirm what documents you need to bring.
  • Shop around for first-time donor specials: You might be able to increase your payout by taking advantage of a new donor special.

Is Selling Plasma Safe?

In short, yes, selling plasma is safe. However, you should be aware of some side effects.

  • Allergic Reactions: Some people can have an allergic reaction to plasma donation or the tools involved. Many people are allergic to latex, from which most medical gloves are made. If you have any allergies, you should inform your phlebotomist and list them on the medical questionnaire.
  • Lightheadedness: It is common for people to feel lightheaded during or after a plasma donation. Plasma is nutrient-dense, so losing it may make the donor feel ill or dizzy. If this is the case, let your phlebotomist know and not drive if you feel dizzy.
  • Dehydration: Plasma contains a lot of water, so people often feel dehydrated after donating. Be sure to increase your water intake at least one day before donating and drink plenty of water for at least one day following your donation.

By preparing for your donation, you can avoid many associated side effects. Be sure to take care of yourself before and during your donation.

The Bottom Line

Many companies allow donors to donate plasma several times in their first month and give rewards for reaching a certain threshold.

Some companies will pay $300 for making five monthly donations, or others will provide a $10 bonus on the first four donations. Be sure to shop around to understand the sign-up bonuses and what is expected of you before donating.

This post has been updated to correct an error. Octapharma Plasma does not have centers outside of the US; their parent company does, which has been around since 1983. Octapharma Plasma has been in business since 2007 and has more than 170 centers in 34 states.

Make Money Selling Plasma? Everything You Need To Know About Plasma Donation - Wealth of Geeks (2024)

FAQs

Can you really make $900 donating plasma? ›

Some people can make $900 by donating plasma. This is usually only possible for first-time donors who receive new donor bonus offers or those who donate multiple times a month.

Is donating plasma worth the money? ›

When you're financially strapped, selling plasma can be an appealing option to drum up some quick cash. Pharmaceutical companies often pay around $50 per donation for the pale-yellow blood component, a key ingredient in medications that treat immune disorders and other illnesses.

What are the downsides of donating plasma? ›

For most people, donating plasma does not cause any side effects, but some donors can experience fatigue, bruising, bleeding, or dehydration. Additionally, you may feel dizzy or lightheaded. While not typical, fainting can also occur. It's rare, but more serious infections or reactions can occur, which can be treated.

Can you make a living off donating plasma? ›

With incentives, you can make $400 or more a month. Certain high-frequency donors can make up to $1,000 a month. The amount of money you can make donating plasma depends on the plasma center, how often your plasma is collected, and the compensation and incentives offered.

How to earn $1000 donating plasma? ›

Participants who qualify can earn up to $500 per donation, or up to $1000 per week simply by donating plasma and helping others. If we don't have a center near you, we pay all travel related expenses to get you to/from the nearest center and you still earn your compensation for the donation.

Who's paying the most for plasma right now? ›

If you're looking to donate plasma and get a good payout, CSL Plasma and BioLife are at the top of the pay scale. CSL could net you up to $1,000 for first-time donations, while BioLife might offer up to $900 in the first month. For updated info, visit United Society Donations.

What makes you ineligible to donate plasma? ›

Those diagnosed with a serious or chronic illness–like high blood pressure, epilepsy, HIV/AIDS, or a primary immunodeficiency (PI)–are not eligible to donate plasma. Those who have high blood pressure would need to be tested to see what their current blood pressure is at the time of donating.

Is it healthy to donate plasma every week? ›

FALSE – It is healthy to donate once or twice each week, if there is a 48-hour period between each donation. Plasma is 90% water and frequent donation will not harm you. It can lead to side effects such as dizziness and fatigue, but staying hydrated can help avoid these.

Can donating plasma make you lose weight? ›

Donating plasma doesn't carry any calories. However, your body is estimated to lose between 450-650 calories per plasma donation, depending on how much you can donate.

Why do they check your arms when donating plasma? ›

The screening staff member uses these numbers, along with your sex, height, and weight, to figure out how much plasma you can donate. Next, the screening staff member inspects your arm. They are checking for rashes, plaques, and vein issues that may make it difficult to donate.

How long does it take for your body to recover from donating plasma? ›

Plasma regenerates quickly. With proper hydration, your blood volume returns to normal within 48 hours. Because of this, you can give plasma twice in any 7-day period, but no more than once in a 48-hour period. You can typically schedule a return visit while you are at the plasma center.

Does donating plasma clean your blood? ›

But aside from the lifestyle changes, donating plasma has direct benefits on your cholesterol levels. Studies have shown that the collection process for plasma can clean the blood, which helps regulate cholesterol in the blood and decrease your risk of heart disease.

Can you count donating plasma as income? ›

6When someone donates an asset they incur a material fnancial loss and the IRS allows a tax deduction ofset. However, since plasma donors receive a fnancial reward, plasma donation is considered a sale that yields taxable income.

Do you get paid immediately after donating plasma? ›

When should I expect my payment? Most Octapharma donors see payments appear on their prepaid card within 24 hours after a successful plasma donation. If you have not received your payment and it has been more than 24 hours since your last donation, contact your local donation center.

Why did I stop donating plasma? ›

Most responses given for stopping SP donation were categorized as convenience reasons (69.1%). Self-reported health concerns, including being deferred multiple times, which were categorized as possibly related or unable to determine a relationship to plasmapheresis, represented 45.5% of the responses.

How much does BioLife pay in 2024? ›

How much does biolife pay? BioLife typically pays between $50 to $100 per plasma donation, depending on location, donation frequency, and any current promotions. New donors may earn up to $1,000 in their first month.

How much does B-Positive pay for first time donors? ›

New (first-time) donors can earn over $700* in their first month, and regular, repeat donors can earn up to $130* a week thereafter! Additionally, if you successfully refer donors to B Positive, you can earn an extra $10 per referral.

Can donating plasma be a side hustle? ›

Donating plasma can be a relatively low-effort side hustle. That's what sold us on the idea — our friends told us they give plasma and read books or watch movies on their phones, which are things they would probably do at home, anyway.

Is it safe to donate plasma twice a week? ›

Federal regulations allow individuals to donate plasma as often as twice in seven days if the donations occur two days apart from each other. What are the potential adverse effects during or after plasma donation? Donating plasma is a low-risk procedure with minimal or no adverse effects.

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