TOTAL VOLUME:

$124b

24H VOL:

$84,547,050

24H TRANSACTIONS:

2,121,338,658

OPEN INTEREST:

$1,287,835,486

364,458

Markets across

33,243

events

MATCHED EVENTS:

3,079

PLATFORM COVERAGE:

5

Polymarket:

41%

VS.

Kalshi:

59%

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PredictionHero article image: Are prediction market winnings taxable?
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#Prediction Markets#Regulation#Taxes

Are Prediction Market Winnings Taxable? Yes, Even Without a 1099

Kalshi, Polymarket, Limitless, Predict.Fun, and Opinion all create the same tax obligation on trading gains, and none of them, Kalshi included, sends you a form that covers it.

Jared P headshot

Jared Polites · Sep 7