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Who will be the next Prime Minister of Israel after the next election?

"Who will be the next Prime Minister of Israel after the next election?" on Polymarket, Kalshi and Is Kalshi Legit — what traders need to know about platform choice, KYC and tax law.

Gadi Eizenkot 52% Benjamin Netanyahu 34% Naftali Bennett 7% Avigdor Lieberman 5% Volume: $30.0M Liquidity: $2.3M Closes: 31 Dec 2026
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Who will be the next Prime Minister of Israel after the next election?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Is Kalshi Legit) Pick
polygram.ink (preferred broker)
52% 48% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle See live odds →
Polymarket (direct)
polymarket.com
52% 48% 0% Geo-blocked in US/UK/EU USDC, on-chain See live odds →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD See live odds →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR See live odds →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) See live odds →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
Gadi Eizenkot52%
Benjamin Netanyahu34%
Naftali Bennett7%
Avigdor Lieberman5%
Yair Lapid0%
Benny Gantz0%
Yossi Cohen0%
Yair Golan0%
Itamar Ben Gvir0%
Gideon Sa’ar0%
Yariv Levin0%
Moshe Feiglin0%
Ayelet Shaked0%
Yoaz Hendel0%
Israel Katz0%
Nir Barkat0%
Amir Ohana0%
Gilad Erdan0%
Person G0%
Person H0%
Person I0%
Person J0%
Person K0%
Person L0%
Person M0%
Person N0%
Person O0%
Other0%

Market context

Israeli legislative elections scheduled for 27 October 2026 will determine which political leader forms the next government and assumes the office of Prime Minister. The individual must be formally sworn in following the election; any interim or caretaker arrangement will not trigger resolution. The settlement window closes 31 December 2026, allowing a two-month window for coalition negotiations and formal appointment—a timeframe consistent with recent Israeli government formations.

The 37% crowd probability reflects structural uncertainty in Israeli coalition mathematics. Benjamin Netanyahu's Likud has dominated recent elections, yet coalition-building remains volatile given the fragmented Knesset landscape and potential shifts among religious, right-wing, and centrist blocs. Comparably, the 2021 election produced a surprise coalition excluding Netanyahu despite Likud's plurality, whilst the 2022 election returned him to office within weeks. Current polling suggests Likud remains the largest party, but seat distributions among potential coalition partners—particularly the Religious Zionism bloc, Shas, United Torah Judaism, and centrist alternatives—will determine whether Netanyahu or an alternative candidate (such as Yair Lapid, Benny Gantz, or an emerging figure) commands a 61-seat majority.

Traders should monitor coalition negotiations following the election result, scheduled announcements from party leaders regarding coalition conditions, and any shifts in polling that alter the relative strength of potential coalition combinations. The outcome depends partly on factors beyond electoral mathematics: judicial proceedings affecting Netanyahu's eligibility, defections within existing blocs, and the willingness of traditionally opposing parties to negotiate. Under German GlüStV and US CFTC frameworks, this market's accessibility varies by jurisdiction; UK and EU traders face standard regulatory oversight, whilst US participation depends on CFTC classification of the underlying event. No-KYC access up to $1,500 USD applies where permitted, reducing friction for smaller positions but not altering the substantive political dependencies shaping the outcome.

Methodology

This overview of Who will be the next Prime Minister of Israel after the next election? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.

Resolution & payout

On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.

FAQ

Is Polymarket legal in my country?
Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Is Kalshi Legit has a different geo footprint.
Do I need to KYC for Is Kalshi Legit?
Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
How are winnings taxed?
Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
Can I trade anonymously?
Pseudonymously, yes — up to the KYC threshold. Is Kalshi Legit stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
Are prediction markets gambling?
Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
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Related Topics

Israel Prediction Markets