PMR

Prediction Markets in Indiana

Legal

Legal status, available platforms, and tax information for prediction market trading in Indiana (IN).

Legal Status

Indiana allows all major CFTC-regulated prediction market platforms. Residents can use Kalshi, Polymarket, DraftKings Predictions, and others.

Prediction markets regulated by the CFTC (Commodity Futures Trading Commission) are generally permitted under federal law across all US states. However, individual states may impose additional restrictions that affect platform availability.

Platform Availability in Indiana

PlatformAvailableNotes
KalshiAvailable
PolymarketAvailable
FanDuel PredictsAvailable
DraftKings PredictionsAvailable
Robinhood SportsAvailable
PredictItAvailable
Interactive Brokers ForecastTraderAvailable
CME Group Event ContractsAvailable
Manifold MarketsPlay-money — no restrictions
MetaculusPlay-money — no restrictions

Availability may change. Last verified April 2026.

Tax Information

Indiana taxes capital gains as ordinary income at a flat rate of 3.05%. Prediction market profits should be reported on your state return.

At the federal level, prediction market profits are generally reported as capital gains on IRS Form 8949 and Schedule D. The IRS treats prediction market contracts similarly to other financial derivatives. Consult a qualified tax professional for personalized advice.

Related Resources

Frequently Asked Questions