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STATE AVAILABILITY — TENNESSEE

Is DraftKings Predictions Available in Tennessee? (2026)

Yes — DraftKings Predict is available in Tennessee as of June 2026. DraftKings offers sports event contracts in Tennessee through its event-contracts product, which follows state-level licensing. Kalshi is also available statewide under separate federal CFTC regulation, giving Tennessee traders two distinct routes into the market.

Last reviewed: June 2026

Prediction Market Availability in Tennessee

PlatformAvailableMarketsNotes
DraftKings PredictYesSports event contractsOffered in Tennessee through DraftKings' event-contracts product.
KalshiYesPolitics, economics, sports, weather, cultureCFTC-regulated exchange — federal oversight, available statewide.
FanDuel PredictsYesSports + financial contractsSports contracts live in Tennessee; financial contracts available nationwide.
PolymarketNoPolitics, crypto, cultureCrypto-based; restricted for US residents nationwide.

What This Means for Tennessee Traders

DraftKings Predict is DraftKings' event-contracts product, and it follows state-level licensing. Tennessee has authorized it, so its sports event contracts are live in the state alongside Kalshi. Kalshi takes a different path — it is a CFTC-regulated federal exchange, available to Tennessee 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 Tennessee residents.

Polymarket stays off-limits for US residents regardless of state, so for Tennessee traders the real choice is between DraftKings Predict for sports and Kalshi for the broadest regulated market set.

DraftKings Predict in Tennessee — FAQ

Is DraftKings Predictions available in Tennessee?

Yes. DraftKings' event-contracts product (DraftKings Predict) is currently offered in Tennessee, focused on sports outcomes. You must be of legal age and physically located in Tennessee, verified by geolocation, to access it.

Why is DraftKings Predict available in Tennessee?

DraftKings Predict is offered in Tennessee because the state has authorized the product. Its availability follows state-level licensing — separate from Kalshi's federal CFTC oversight, which is why the two products show different state-by-state maps.

What prediction markets work in Tennessee instead?

Kalshi is available to Tennessee traders as a CFTC-regulated exchange covering politics, economics, sports, and weather. FanDuel Predicts also offers sports contracts 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 Tennessee residents pay taxes on prediction market profits?

Yes. Net trading profits are taxable income at the federal level, and Tennessee 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.