PMR

Prediction Markets in West Virginia

Legal

Legal status, available platforms, and tax information for prediction market trading in West Virginia (WV).

Legal Status

West Virginia allows CFTC-regulated prediction markets. All major platforms are available and the state has been proactive in legalizing various forms of online gaming.

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 West Virginia

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

West Virginia taxes capital gains as ordinary income at rates from 2.36% to 5.12%. 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.

Related Resources

Frequently Asked Questions