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Are Robinhood prediction markets available in Washington, and is the answer settled?

A neutral, dated look at whether Robinhood prediction markets are available in Washington. The CFTC routed structure, the state regulator guidance, the Robinhood lawsuit against the state, and why the answer is contested. Information, not advice. As of May 2026.

By Fredrik FilipssonFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Morten Andersen · Last reviewed 25 May 2026

Last reviewed 25 May 2026 · Status as of May 2026 · Information, not legal advice

Washington
Generally available
Why this is the answer

Federal standing sits above state lines.

Robinhood operates under United States oversight at the federal level. A federally regulated market does not need a separate Washington licence to offer its core event contracts, which is why it can be available to Washington residents even where state gambling rules are strict. The live friction is mostly around sports-event contracts, where some states have pushed back.

The short version

Robinhood is a US venue, so its availability in Washington generally turns on federal standing rather than a Washington state licence, subject to your age and identity verification. Some products, sports-event contracts in particular, have faced state by state friction, so confirm the current position before you act.

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For a reader here

US-regulated venues a Washington resident can look at.

Kalshi91/100Polymarket86/100ForecastEx80/100Crypto.com80/100Robinhood79/100Railbird74/100Novig74/100PredictIt59/100

Availability is indicative and individual states may restrict specific products. Scores are illustrative editorial examples. Confirm the current position before acting.

FAQ

Robinhood in Washington, in short.

Are Robinhood prediction markets legal in Washington?

As of May 2026 the answer is contested and unresolved. The Washington State Gambling Commission has said event contracts are not authorized in Washington, the state has sued a partner exchange, and Robinhood has sued the state arguing federal preemption. No court had settled the question at the time of review. This is general information, not legal advice.

Why does this page not show a compare module?

We show platforms only where they are genuinely legal and available to you. Washington does not meet that test today because the state regulator says these markets are not authorized and the legal position is in active litigation. Until that is resolved we list no platform as available here and we link to no sign up.

What is the dispute actually about?

The CFTC and the operators argue that federal law gives the CFTC exclusive authority over these contracts and preempts state gambling law. Washington argues these products are gambling that its own law governs. Courts across the country have split, so the outcome in Washington is not certain. Confirm the current rules directly with the platform.

How do Robinhood prediction markets work?

Robinhood offers event contracts through Robinhood Derivatives, which routes orders to CFTC overseen exchanges rather than running its own exchange. An eligible user needs an approved account, must be of legal age, and must pass identity checks. Where the legal position is contested, as in Washington, confirm access and eligibility directly with Robinhood.

Do I pay Washington tax on prediction market gains?

Gains may be taxable at the federal level depending on your circumstances. We do not give tax advice. Confirm the current position with a qualified tax professional and the relevant authorities.

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Sources and further reading in Washington

The legality position above rests on the federal framework and on Robinhood's own regulatory standing. Confirm it yourself before you act, because the rules in this area change.

Status as of May 2026. General information, not legal advice.