Elections · Governor
Closest Governor race in 2026?
Order book
Rules
Maine: If Maine has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Minnesota: If Minnesota has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
New Mexico: If New Mexico has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
New York: If New York has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Pennsylvania: If Pennsylvania has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Arizona: If Arizona has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Michigan: If Michigan has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Wisconsin: If Wisconsin has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Kansas: If Kansas has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Georgia: If Georgia has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Nevada: If Nevada has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Iowa: If Iowa has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
New Hampshire: If New Hampshire has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Ohio: If Ohio has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Texas: If Texas has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
South Carolina: If South Carolina has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
South Dakota: If South Dakota has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Colorado: If Colorado has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Nebraska: If Nebraska has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Florida: If Florida has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Oregon: If Oregon has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Alaska: If Alaska has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Vermont: If Vermont has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Oklahoma: If Oklahoma has the smallest margin of victory among all elections in the 2026 United States gubernatorial elections as of Jan 20, 2027, then the market resolves to Yes.
Margin of victory is calculated as the absolute percentage point difference between first and second place finishers. For two-candidate races, this is winner's percentage minus runner-up's percentage. For multi-candidate races, only the gap between first and second counts. For yes/no referenda, it's the absolute difference between yes and no percentages. For ranked choice/instant runoff elections, the margin from the final round is used. If no candidate wins a majority in Georgia and a runoff is held, the margin from the December 1, 2026 runoff is used.
If official results aren't available by the deadline but at least 95% of expected vote is counted, preliminary results are used. In case of identical margins (tied to the hundredth of a percentage point), tied options split the payout equally. Postponed elections or those without sufficient results by the deadline resolve to No.
Timeline
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Market opened2026-11-10 18:56:05 UTC
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Event starts2025-09-24 14:00:00 UTC
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Market closes2027-01-20 04:59:00 UTC
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PayoutWinning contracts pay $1.00 each once the result is confirmed
About
Before Jan 20, 2027 Prices follow the matching market on Kalshi (KXCLOSESTGOVERNOR-27JAN20) and then move with trading here.
Closest Governor race in 2026?
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Each contract pays $1.00 if your side is right. Prices are the market's odds: 62¢ ≈ 62% chance.
Taker fee: 7.00% × P × (1 − P) per contract, rounded up.
