Where Kalshi is available in the US

Which US states can trade on Kalshi? The full availability list for the CFTC-regulated exchange, and why it differs from sportsbook maps.

Updated

At a glance

Kalshi is a CFTC-regulated exchange, so where you can use it looks different from a state-by-state sportsbook map. Kalshi does not publish a state list. Court orders block its sports contracts in Michigan, Nevada and Washington, though other Kalshi markets may still be open there. Kalshi's welcome offer covers 47 states plus D.C. New traders trade $25 and get $25! with code COLLEGEPM.

Why Kalshi works differently from sports betting

Kalshi is a designated contract market regulated by the Commodity Futures Trading Commission (CFTC). Its event contracts are treated as federally regulated derivatives, not as wagers placed with a sportsbook. That federal framework is why Kalshi is available far more broadly than state-licensed betting apps, though specific market categories can still be restricted in particular states, and the app confirms what you can trade once you verify your location.

New to the platform? Read our full Kalshi review, learn how to use Kalshi, and see the Kalshi fee schedule before you trade.

States where Kalshi is available

Kalshi's welcome offer covers these 47 states and Washington, D.C. Kalshi itself does not publish a state list, so always confirm eligibility inside the Kalshi app at sign-up.

States marked disputed have a lawsuit, regulator action, court order or state law that involves Kalshi or prediction markets in general. Kalshi still lists them as available; open the state page for the dated change-log. Federal rulings and CFTC actions are in the federal change-log.

Sources & further reading

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18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.

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18+ only. New traders only. Offer terms are set by ProphetX and may change. Event contract trading involves risk, including loss of the funds you commit. ProphetX is a CFTC-regulated designated contract market and derivatives clearing organization. Not available in all states.

21+. Gambling problem? Call 1-800-GAMBLER.

Trade $25 and Get $25! on Kalshi with code COLLEGEPM

Trade on Kalshi → (opens in a new tab)

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

21+. Gambling problem? Call 1-800-GAMBLER.

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Frequently asked questions

In which US states is Kalshi available?

Kalshi does not publish a list of states. Court orders block its sports contracts in Michigan, Nevada and Washington, though other Kalshi markets may still be open there. Kalshi's welcome offer covers 47 states plus D.C. Kalshi is a CFTC-regulated exchange, so its event contracts are treated as federally regulated derivatives rather than sports betting, which is why availability differs from state sportsbook maps.

Is Kalshi legal in my state?

Kalshi operates under federal CFTC oversight as a designated contract market, so its core event contracts are broadly available across the United States. Some product categories (such as certain sports markets) may be restricted in specific states; the Kalshi app confirms exactly which markets you can trade once you verify your location at sign-up.

How do I get the Kalshi $25 bonus?

New users who trade $25 get $25 when they sign up through our link and enter bonus code COLLEGEPM. Create your account, verify your identity, and the offer is applied at sign-up. Terms are set by Kalshi and may change.

What is bonus code COLLEGEPM?

COLLEGEPM is the CollegePredictionMarkets.com referral code for Kalshi. Entering it when you create a new account qualifies eligible new traders for the current Trade $25 and Get $25 offer.

Do I have to be a certain age to trade on Kalshi?

Yes. You must be 18 or older (21+ in some jurisdictions) and meet Kalshi's identity-verification and eligibility requirements. Event contracts are speculative and can result in loss of the funds you commit.