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US Congress passes bipartisan bill to tax prediction market winnings uniformly by March 2027

Resolves: US Congress enacts a bill with a uniform 24% tax rate on prediction market winnings by March 31, 2027.

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user-generated· regulatory

US Congress passes bipartisan bill to tax prediction market winnings…

Market overview

The US Congress is expected to pass a bipartisan bill by March 2027 to establish a uniform tax rate of 24% on all prediction market winnings, including World Cup bets, ending the current disparity with sportsbooks.

regulatory prediction market

Implied probability (Yes)
60%
Closes
2027-03-31

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Resolution criteria

US Congress enacts a bill with a uniform 24% tax rate on prediction market winnings by March 31, 2027.

Source: user-generated

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