Will Zohran Mamdani be TIME Person of the Year 2026? Odds and prices
Markets price "Will Zohran Mamdani be TIME Person of the Year 2026" at 30%, with 2 venues quoting at the same price. The contract settles by Dec 30, 2026; each venue words its settlement rules itself, compared below.
This question on Polymarket and Kalshi.
Odds by venue
| Venue | Yes | No | Fee | 24h volume | Liquidity | |
|---|---|---|---|---|---|---|
| Polymarket | 30¢ | 70¢ | 1.0¢ | $44 | $37K | Trade → |
| Kalshi | 30¢ | 70¢ | 1.5¢ | $6K | – | Trade → |
How the odds have moved
One venue's series for the result the headline prices, not a blend; venues tick at different cadences and interpolating one onto the other would invent points.
What the market is actually pricing
Venues word settlement differently for the same question, and the difference decides who gets paid. This is the comparison no venue publishes about its rivals.
This market will resolve to “Yes” if the listed person, group, entity, or thing is TIME Person of the Year for 2026.
Full settlement wording
This market will resolve to “Yes” if the listed person, group, entity, or thing is TIME Person of the Year for 2026. Otherwise, this market will resolve to “No”.
A listed option will be considered TIME Person of the Year if they/it are explicitly named as Person of the Year.
Additionally, the following rules apply:
If multiple people are explicitly named person of the year, both people will be considered TIME Person of the Year.
If the TIME Person of the Year is a concept, group or thing, a person may still be considered Person of the Year if they are also explicitly named person of the year, or if they are directly associated with the concept, group or thing named as person of the Year and are pictured on any official TIME cover announcing the Person of the Year. For example, in 2025 when TIME Person of the Year was “Architects of AI” the option for Sam Altman would have resolved to “Yes” as he was associated with the concept and is pictured on the Cover. However, if Sam Altman were Person of the Year, and ChatGPT was shown on the cover, this would not qualify for ChatGPT because ChatGPT is not a person.
If the TIME Person of the Year is a specific concept, group, entity, or thing (e.g. artificial intelligence), listed concepts or entities will be considered Person of the Year only if they are synonymous with the announced TIME Person of the Year. For example, if ChatGPT were Person of the Year, options for AI or LLMs would resolve to “No” because, while they are conceptually linked, they are not synonymous.
If TIME uses language that does not refer to a specific, commonly-recognized, concept, group, entity, or thing (e.g. 2011’s “The Protester” or 2017’s “The Silence Breakers”), the TIME Person of the Year feature article will be used to determine the meaning of the language defining TIME Person of the Year. In such cases, listed concepts, groups, or things will be considered TIME Person of the Year if they can be reasonably understood as equivalent to the meaning of the language used to define TIME Person of the Year. For example, the option for “The Me Too Movement” would have resolved to “Yes” in 2017.
If for any reason the TIME's Person of the Year is not announced by June 30, 2027, 11:59 PM ET, this market will resolve to "No".
The resolution source for this market will be the TIME magazine cover or covers announcing the 2026 TIME Person of the Year; however, the TIME Person of the Year Feature article may also be used.
If Zohran Mamdani is Time Person of the Year for 2026, then the market resolves to Yes.
This will count towards the payout criterion: If multiple persons win, all persons that are listed are encompassed within the Payout Criterion. If, for example, the Person of the Year is “Joe Biden and Kamala Harris”, both “Joe Biden” and “Kamala Harris” strikes are encompassed within the Payout Criterion. The person must be explicitly named as the Person of the Year or pictured on the/a relevant cover if they are associated with the group/concept winning (the picture is only relevant for a natural human being winning). Some examples to illustrate this: “Jamal Khasogghi” would resolve to Yes in 2018, when “The Guardians” won, as he is also named and shown on a cover and falls within “The Guardians”. Similarly, “Bill Gates” would resolve to Yes in 2005. If Time uses language that does not specifically refer to a person or organization (examples being 2018’s “The Guardians of Truth” or 2017’s “The Silence Breakers”), Kalshi will resolve markets to the most simple meaning reasonable. In those cases, “Journalists” and “the Me Too movement” would resolve to Yes. This does NOT count towards the payout criterion: If there is no Person of the Year (and instead many variations thereof, e.g. Entertainer of the Year, Hero of the Year), that is not encompassed in the Payout Criterion. If “ChatGPT” was the Person of the Year, strikes of “AI” or “LLMs” would resolve to No, since even if they are conceptually linked, they are not synonymous (and thus are not explicitly named), and are not persons, so it would not matter if they were identified in the image. Or if “Sam Altman” was the Person of the Year, and the cover showed a person using ChatGPT on their computer, “ChatGPT” would not resolve to Yes because it is not a person. This market and these products have not been endorsed by TIME. Any references to TIME, or any associated marks are descriptive only and do not indicate an endorsement of this product or any affiliation between TIME and Kalshi.
Where you can trade this
The Trade links in the tables above open each venue's own market. The reviews cover sign-up, funding and payouts.
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Common questions
What are the odds on "Will Zohran Mamdani be TIME Person of the Year 2026"?
Markets currently price it at 30% across 2 venues, a market-implied probability rather than a forecast.
Where can I trade "Will Zohran Mamdani be TIME Person of the Year 2026"?
On Polymarket and Kalshi. Availability by state varies for sports contracts; see the legal pages.
Why do the venues show different prices?
Different traders, different fees, and different settlement wording. The gap is the reason this page exists; the cheaper side is marked in the table.