Kalshi World Cup Contest Offers a Share of $1M; Sign Up with the BEST Promo Code: COVERS20:

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Jun 8, 2026 , 02:03 PM ET • 4 min read

Enter the Kalshi World Cup contest for a share of $1M! Use code COVERS20, deposit $10, and get a $20 bonus. Group stage action starts now.

Covers - Predict the 2026 winner, and you could land a share of Kalshi’s $1 million prize pool.
Photo By - Covers - Predict the 2026 winner, and you could land a share of Kalshi’s $1 million prize pool.

The Kalshi World Cup contest gives new users the chance to win a share of a $1 million prize pool by predicting the 2026 FIFA World Cup champion. As of June 8, new users can also use promo code COVERS20 to claim a $20 bonus after depositing $10. With 32 nations entering the group stage and plenty of drama ahead, now is the ideal time to get in on the action.

Kalshi World Cup Contest: How to Win a Share of $1 Million

The Kalshi World Cup contest runs from June 1, 2026, at 9 a.m. EDT through June 11, 2026, at 3 p.m. EDT. Eligible users submit one prediction for the nation they believe will lift the trophy, and every correct pick splits the $1 million prize pool equally. All entrants are also automatically entered into a drawing for two tickets to the 2026 FIFA World Cup Final.

New users who sign up with Kalshi promo code COVERS20 and deposit at least $10 will receive a $20 bonus to use on any available market. From there, you can trade on group stage outcomes, track which favorites survive the early pressure, and follow the upsets that make this tournament so compelling. If your prediction on a group stage match lands correctly, your profit is added to your account balance. If the result goes the other way, you still have your contest entry and the rest of your account to work with.

Key terms to keep in mind before entering:

  • Contest closes June 11, 2026, at 3 p.m. EDT
  • One prediction per eligible user
  • Open to legal U.S. residents in eligible states; New York and Florida residents are not eligible
  • Must be 18 or older and a verified Kalshi user
  • Winners are responsible for applicable taxes
  • Not sponsored or endorsed by FIFA

For a full look at how this offer stacks up against others currently available, check out the best prediction market promos compared.

2026 World Cup probabilities from Kalshi

Kalshi has the latest World Cup odds and win probabilities.


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Use the correct Kalshi promo code for your state

Kalshi operates as a federally regulated exchange under the Commodity Futures Trading Commission (CFTC). Unlike sportsbooks, Kalshi allows traders to engage in event-based contracts rather than traditional gambling markets.

  Kalshi Promo Code Eligible States
  COVERS20 All states excluding NV (Contest not available outside the U.S or in New York and Florida)

How to Claim Your $20 Bonus and Enter the 2026 FIFA World Cup Contest

Getting started with Kalshi ahead of the group stage is straightforward. Follow these steps to claim your bonus and submit your World Cup prediction:

  1. Sign up and verify: Visit Kalshi and click the "Sign Up" button. Enter promo code COVERS20 during registration and provide the required personal information, including your date of birth, phone number, and location. You may also need to verify your SSN and a government-issued ID.
  2. Deposit: Add at least $10 to your account using one of Kalshi's available payment methods.
  3. Receive your bonus: After depositing, your $20 bonus will be credited to your account for use on any available market.
  4. Enter the World Cup contest: Navigate to the World Cup contest page and submit your prediction for the 2026 FIFA World Cup champion before the June 11 deadline.
  5. Start trading: Click the "Sports" tab in the predictions marketplace and explore markets covering international soccer, MLB, NFL, the NBA, and more. Pick a market and make your prediction.
  6. Withdraw winnings: Any profits can be withdrawn through the Transfers section of your Kalshi account. Contest prize pool payouts, if applicable, will be deposited after the tournament concludes.

For a deeper look at the platform before signing up, read the full Kalshi Sports Review.


Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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