Was it legal to trade on the World Cup 2026 in California?
- Yes, trading federally-regulated event contracts on platforms like Kalshi and Polymarket was legal for California residents throughout the 2026 World Cup. Online sports betting via traditional sportsbooks was not legal in the state.
Which platforms allowed California residents to trade on the World Cup 2026?
- Kalshi and Polymarket were the primary federally-regulated platforms accessible to California traders for the 2026 World Cup. Kalshi offered a direct bank experience, while Polymarket provided generally tighter spreads on major contenders.
Who won the World Cup 2026?
- Spain won the 2026 World Cup, defeating Argentina 1-0 in extra time in the final on July 19, 2026.
Who won the Golden Boot at the 2026 World Cup?
- the talisman of France won the Golden Boot at the 2026 World Cup with 10 goals in 8 matches, becoming the first player to win the award twice.
How were World Cup winnings taxed in California?
- Profits from event contracts were taxed as short-term capital gains at the federal level (ordinary-income bracket), with California state income tax (1-12.3% depending on AGI) applied on top. Kalshi issued a 1099-B, while Polymarket users self-reported their gains.