Is DraftKings Predictions Available in South Dakota? (2026)
Not yet — DraftKings Predict is not available in South Dakota as of June 2026. Because the product follows state-level licensing, it only operates where the state has authorized it, and South Dakota has not. Kalshi remains available to South Dakota traders under federal CFTC regulation, independent of state licensing.
Last reviewed: June 2026
Prediction Market Availability in South Dakota
| Platform | Available | Markets | Notes |
|---|---|---|---|
| DraftKings Predict | No | Sports event contracts | Not yet offered in South Dakota. |
| Kalshi | Yes | Politics, economics, sports, weather, culture | CFTC-regulated exchange — federal oversight, available statewide. |
| FanDuel Predicts | No | Sports + financial contracts | Sports contracts not yet in South Dakota — financial contracts still accessible. |
| Polymarket | No | Politics, crypto, culture | Crypto-based; restricted for US residents nationwide. |
What This Means for South Dakota Traders
DraftKings Predict is DraftKings' event-contracts product, and it follows state-level licensing. South Dakota has not authorized it yet, so its contracts are offline in the state for now. Kalshi takes a different path — it is a CFTC-regulated federal exchange, available to South Dakota traders regardless of state licensing.
The practical distinction is regulator and scope: DraftKings Predict centers on sports outcomes under state licensing, while Kalshi spans politics, economics, sports, and weather under federal CFTC oversight. On either, you take a position in a contract that settles at $1 or $0 and can exit before the event resolves. Profits are taxable income; platforms issue the relevant tax forms for South Dakota residents.
Polymarket stays off-limits for US residents regardless of state, so for South Dakota traders the real choice is between DraftKings Predict (once licensed) for sports and Kalshi for the broadest regulated market set.
DraftKings Predict in South Dakota — FAQ
Is DraftKings Predictions available in South Dakota?
Not yet. DraftKings Predict is not currently offered in South Dakota because the state has not authorized the product. Kalshi remains available to South Dakota traders as a CFTC-regulated alternative covering sports and many other markets.
Why is DraftKings Predict unavailable in South Dakota?
DraftKings Predict follows state-level licensing, and South Dakota has not authorized the product yet. Until it does, the contracts stay offline there. Kalshi operates under federal CFTC rules and reaches South Dakota regardless of state licensing.
What prediction markets work in South Dakota instead?
Kalshi is available to South Dakota traders as a CFTC-regulated exchange covering politics, economics, sports, and weather. FanDuel Predicts sports contracts are also unavailable in the state. Polymarket remains restricted for US residents nationwide.
Is DraftKings Predict the same as Kalshi?
No. DraftKings Predict focuses on sports event contracts and follows state-level licensing. Kalshi is a CFTC-regulated federal exchange spanning politics, economics, sports, and weather. Different regulators and product scopes mean their state availability and contract menus differ.
Do South Dakota residents pay taxes on prediction market profits?
Yes. Net trading profits are taxable income at the federal level, and South Dakota applies its own state income tax rules where they exist. Platforms issue the relevant tax forms for reportable activity. This is general information, not tax advice — consult a tax professional for your situation.
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DraftKings Predict by State
Platform availability can change. Always verify directly with each platform before opening an account. This page is for informational purposes only and does not constitute legal or tax advice.