TOTAL VOLUME:
$142.4b
24H VOL:
$104,871,197
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,592,701,755
469,827
Markets across
35,657
events
MATCHED EVENTS:
2,899
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Mitch McConnell steps down from Senate before his term ends?
all
2 markets
Polymarket
Kalshi
consensus
News
Positive
Negative
Neutral
Hover marker for details
Vol.
·
Resolves Jan 4, 2027
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This market tracks the likelihood of Mitch McConnell stepping down from his U.S. Senate seat before his current term ends. Currently, the consensus probability of McConnell leaving office early is 5.5%. This prediction aggregates data from Kalshi and Polymarket, and will resolve based on official statements from Mitch McConnell, his office, or the U.S. Senate, as defined in the resolution source. The market will resolve to “Yes” if McConnell formally announces an intention to step down or otherwise vacates his seat before January 3, 2027, 11:59 PM ET, so keep a close watch for any announcements around that date.
This market will resolve to “Yes” if Mitch McConnell formally announces an intention to step down or otherwise vacates his U.S. Senate seat before his current term is scheduled to end (January 3, 2027, 11:59 PM ET). Otherwise, this market will resolve to “No.” An announcement will qualify only if it indicates that McConnell will leave office prior to the scheduled end of his term. Statements reaffirming an existing plan to retire at the end of his term will not qualify. The primary resolution sources will be official statements from Mitch McConnell, his office or representatives, and/or official communications from the U.S. Senate or government.
If Mitch McConnell resigns their office, or announces they will resign their office, before Nov 3, 2026, then the market resolves to Yes.
Prediction market odds often offer a different perspective than traditional polling averages. Polls capture stated preferences, while this market reflects what people are willing to *bet* on, revealing stronger convictions. Polling data may show general public sentiment, but it doesn’t necessarily translate to a belief that McConnell will actually resign. The spread between prediction market probabilities and polling averages can be significant, particularly when the event is subject to inside information or strategic considerations. This market, for example, may incorporate insights not captured in public opinion surveys.
Prices on Polymarket and Kalshi can diverge due to several factors. Each platform has its own user base, trading dynamics, and liquidity levels. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Different risk appetites among traders on each platform can also contribute to price discrepancies. Currently, Polymarket currently favors the outcome of no resignation at 6.5%, while Kalshi leans toward the same outcome at 1.7%. These differences reflect varying interpretations of available information and the specific incentives of traders on each venue. The overall volume of $5,663,797 suggests strong interest across both platforms.
This market resolves around Jan 4, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will be based on whether Mitch McConnell officially announces his resignation from the Senate before the end of his current term. The outcome will be determined by widely accepted sources of news and official statements, ensuring a transparent and objective assessment. This market provides a way to forecast this event, and the resolution will reflect the actual course of events as reported by reliable sources.
Several signals could significantly impact this market. Any health concerns regarding Senator McConnell, publicly disclosed or widely reported, would likely increase the probability of resignation. Major political developments, such as shifts in the Senate's power dynamics or significant policy disagreements, could also influence trader sentiment. Unexpected announcements regarding his future plans, even indirect ones, would be closely watched. Furthermore, any legal challenges or investigations involving Senator McConnell could introduce volatility into this market. The current 24-hour volume of $11,398 indicates continued sensitivity to new information.