Brazil Gubernatorial Elections: Most Governorships Won

As of Tue, 20 Oct 2026 11:12:27 UTC, Kalshi traders price PL (94.0%), PSD (6.0%), MDB (5.0%). The market has $10K in volume and closes on Fri, 01 Jan 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
PL94.0%94.0¢6.0¢
PSD6.0%6.0¢94.0¢
MDB5.0%5.0¢95.0¢
PSDB–Cidadania3.0%3.0¢97.0¢
Republicanos3.0%3.0¢97.0¢
FE Brasil3.0%3.0¢97.0¢
PSB3.0%3.0¢97.0¢
União Progressista3.0%3.0¢97.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for PL:

If PL wins the most governorships following the 2026 Brazilian gubernatorial elections, then the market resolves to Yes. A governorship is won when the candidate is declared elected by the electoral authority and either the challenge period has expired, legal challenges are resolved, or the candidate has taken office as governor. Party affiliation is based on the party under which the candidate was elected, regardless of later changes. In case of ties for a rank, all tied parties at that rank resolve to Yes with values split proportionally. If a ranking is skipped due to ties (e.g., two parties tie for #1, next is #3), markets for the skipped rank (#2) resolve to No.

Sources

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