Prediction Markets
in New Hampshire
New Hampshire is fully open for prediction markets with a tax-favorable profile: the state does not tax earned income or capital gains at the state level, so event contract profits are subject to federal taxes only. Sports betting launched in December 2019: New Hampshire was one of the earliest Northeast states to go live after PASPA. All major prediction market platforms are available with no enforcement actions.
Which platforms work in New Hampshire?
All categories available in New Hampshire. No state-level restrictions.
Polymarket QCEX available in New Hampshire. Apply via the national waitlist.
Both Mana and Sweepcash available in New Hampshire.
CFTC no-action letter. US politics only, $850 cap. Available in NH.
All prediction market contracts available in NH.
No income tax + early sports betting adopter
New Hampshire does not levy state income tax on wages, salaries, or investment income (interest income and dividends over $2,400 were taxed at 5% but that tax was phased out and eliminated in 2025). Prediction market profits (classified federally as ordinary income) are therefore subject only to federal rates in New Hampshire.
New Hampshire launched mobile sports betting in December 2019 with DraftKings as the exclusive operator for the first phase. The early launch gave NH residents access to regulated sports wagering while most neighboring New England states were still debating legislation. FanDuel and other operators have since been licensed. CFTC-regulated prediction markets operate alongside NH's sportsbook framework under entirely separate federal jurisdiction.
NH vs Massachusetts: NH residents can use Kalshi, Polymarket QCEX, and all sports betting platforms. Massachusetts residents have sports betting but Polymarket QCEX is restricted due to AG enforcement. NH's open status and zero income tax make it one of the best Northeast states for prediction market trading.
New Hampshire vs New England neighbors
Massachusetts
Caution status: Polymarket restricted. Sports betting legal since 2023. 5% income tax vs NH's zero.
Neighbor stateVermont
Open status, all platforms available. Sports betting launched January 2024. 8.75% top income tax.
CautionConnecticut
Caution status: Polymarket restricted. 6.99% top tax. NH is the clear winner for prediction market trading in New England.