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Will NDAA become law? on Kalshi

If legislation designated as, or substantively serving as, the National Defense Authorization Act for Fiscal Year 2027 by authorizing national defense programs or defense policy for that fiscal year has become law after Issuance and before Jan 1, 2027, then the market resolves to Yes.

Settles on: White House, Library of Congress.

Market says (typical open contract)
66%
Median YES price across 5 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
68% 😈
Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.

The cover charge

Fee and break-even by purchase price
If you buy atFee per contractOn $50Win rate to break even
30¢1.5¢$2.4531.5%
50¢1.8¢$1.7551.7%
66¢ (now)1.6¢$1.1967.6%
70¢1.5¢$1.0571.5%
90¢0.6¢$0.3590.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

How long until your balance is $0 in this market? →

Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
ContractYES priceImpliedFee at this priceReal-world oddsLuck neededVolumeCloses
Will legislation designated as, or substantively serving as, the National Defense Authorization Act for Fiscal Year 2027 by authorizing national defense programs or defense policy for that fiscal year become law before Dec 1, 2026? · Before Dec 1, 20260¢0%0.0¢—1%2,760Dec 01, 15:00 UTC
Will legislation designated as, or substantively serving as, the National Defense Authorization Act for Fiscal Year 2027 by authorizing national defense programs or defense policy for that fiscal year become law before Dec 15, 2026? · Before Dec 15, 202616¢16%0.9¢—32%2,478Dec 15, 15:00 UTC
Will legislation designated as, or substantively serving as, the National Defense Authorization Act for Fiscal Year 2027 by authorizing national defense programs or defense policy for that fiscal year become law before Feb 1, 2027? · Before Feb 1, 202784¢84%0.9¢—32%514Feb 01, 15:00 UTC
Will legislation designated as, or substantively serving as, the National Defense Authorization Act for Fiscal Year 2027 by authorizing national defense programs or defense policy for that fiscal year become law before Dec 25, 2026? · Before Dec 25, 202666¢66%1.6¢—68%499Dec 25, 15:00 UTC
Will legislation designated as, or substantively serving as, the National Defense Authorization Act for Fiscal Year 2027 by authorizing national defense programs or defense policy for that fiscal year become law before Jan 1, 2027? · Before Jan 1, 202777¢77%1.2¢—46%408Jan 01, 15:00 UTC

Who actually wins this market

  • Whoever posts the resting orders and collects the spread without paying a fee.
  • The venue, on every fee.
  • Not, on average, the person clicking buy because the chart is going their way. That was us.

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