What are the current odds for "Cap on gambling loss deductions repealed by March 31?"?

As of March 2026, prediction markets give this a 1.6% probability of resolving Yes. This market is trading on Polymarket with $121.0K in total volume.

Where can I trade on "Cap on gambling loss deductions repealed by March 31?"?

This market is available on Polymarket. You can trade Yes shares at 1.6% or No shares at 98.5%. The market has $9.5K in liquidity.

When does this prediction market close?

This market is scheduled to resolve 1 weeks (Mar 31, 2026). After resolution, winning shares pay out $1.00 each.

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Cap on gambling loss deductions repealed by March 31?

Updated Today

Tax deductions for gambling losses face a tiny 3% chance of repeal by March 31, 2026, despite occasional reform proposals. The provision remains embedded in federal code with limited political momentum to remove it.

Current Probability

1.6%-0.01%24h

Trade on Polymarket

YesNo

If Yes wins

$64.52 return per $1

If No wins

$1.02 return per $1