Note from Wololo: The original tutorial on How to do PS4 Game sharing with 3 people was initially published by /Talk member genxmur, as part of our monthly tutorial contest.You can find the original post here.
PS4 Game sharing – What is it
PS4 Game sharing is the official Sony feature that lets you share digital games with friends, and draws a parallel to how easy you could share physical games with friends. As Digital games are becoming the norm, system exists on the PS4 to let you share your digital games and is officially supported by Sony.
PS4 Game sharing with 3 people – tutorial
Just to clear it up, the 3rd person is the holder of the account. It is NOT 1 owner and 3 other people. Also In case you do not know what PS4 game sharing is. It’s exactly what it sounds like. Sharing games.
Step 1: Put your account as secondary on your PS4. Your first friend can activate his PS4 as your primary PS4. You can find this option in the settings: Settings > PlayStation Network/Account Management > Activate as Your Primary PS4 > Activate.
Congrats, If you made it that far, you’re in “typical” PS4 Game sharing mode: your friend can play and download your games without using your login information because his PS4 is your primary PS4. You, on the other hand, can still play and download your games on any PS4 (including yours) because you have your credentials. You can stop here if you only want to share your games with one Friend, but keep reading if you want to share with a third person.
Step 2: After the first friend has downloaded (Mooched off) the games he wants, tell him to launch a game. Only Launching. NOTE: I don’t have any proof that you NEED to do the launch thing,But I’ve read it on some places so worth trying anyways
Step 3: After this, Login to the PSN Site Online and select the ‘Deactivate devices’ setting. Do tell your first friend not to sign in again though 😛 Can mess things up. The games will still work on his console as long as you do this. NOTE: This deactivate option is only available every 6 months, so if you’ve already deactivated it once, sorry 🙁 no way past that.
Step 4: Afterwards, give the account information to your second friend and let him mooc- I mean download games off of you. Here again, set his console as your primary PS4 again.
Step 5: Let your second friend keep the account as primary because YOU (The Owner) will probably just play on this account (Secondary works OK) Your friends will be able to play YOUR games from THEIR accounts.