Legal status, available platforms, and tax information for prediction market trading in Montana (MT).
Montana restricts some CFTC-regulated prediction market platforms. Kalshi and Robinhood Sports are not currently available due to state-level regulatory issues.
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 | Available | Notes |
|---|---|---|
| Kalshi | Not available in this state | |
| Polymarket | Available | |
| FanDuel Predicts | Available | |
| DraftKings Predictions | Not available in this state | |
| Robinhood Sports | Not available in this state | |
| PredictIt | Available | |
| Interactive Brokers ForecastTrader | Available | |
| CME Group Event Contracts | Available | |
| Manifold Markets | Play-money — no restrictions | |
| Metaculus | Play-money — no restrictions |
Availability may change. Last verified April 2026.
Montana taxes capital gains as ordinary income at rates from 1% to 6.75%. Prediction market profits are subject to state income tax.
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.
