Short Answer

Both the model and the market expect voter turnout in the 2026 Wisconsin Supreme Court election to be Above 1.0M, with no compelling evidence of mispricing.

1. Executive Verdict

  • Significant spending from outside groups will drive higher turnout.
  • Ideologically distinct candidates advanced from the primary election.
  • Anticipated court rulings on maps and abortion will boost turnout.
  • Absence of major mayoral elections may temper voter engagement.
  • Democratic party demonstrates strong mobilization capacity for the election.

Who Wins and Why

Outcome Market Model Why
Above 1.2M 99.5% 99.6% Model higher by 0.1pp
Above 1.4M 99.7% 99.4% Market higher by 0.3pp
Above 1.6M 9.7% 11.7% Model higher by 2.0pp
Above 1.7M 0.1% 3.8% Model higher by 3.7pp
Above 1.8M 1.2% 3.5% Model higher by 2.3pp

2. Market Behavior & Price Dynamics

Historical Price (Probability)

Outcome probability
Date
Based on the provided data, the price action for this market has been entirely static. The market opened at a 99.0% probability for a "YES" outcome and has not deviated from this price across the seven available data points. Consequently, there have been no significant price movements, spikes, or drops to analyze. The overall trend is perfectly sideways, indicating a complete lack of price volatility since trading began. Given the absence of price changes and the lack of any provided context, no external events can be linked to market activity.
Trading volume in this market is extremely low, with a total of only 54 contracts traded. The initial data point shows some volume, but activity appears to have ceased entirely in the subsequent periods sampled. This pattern of an initial trade followed by inactivity suggests a market with very limited liquidity and participation. The low volume indicates that there is little to no active disagreement with the established price, and conviction, while high in terms of price, is backed by minimal capital. The price of 99.0% serves as the market's only significant price point, acting as both the floor and ceiling since inception.
The chart suggests that market sentiment is overwhelmingly confident in a "YES" resolution. A price of 99.0% indicates that participants believe the outcome is a near certainty. The lack of any subsequent trading or price movement reinforces this interpretation, showing a strong and unchallenged consensus. The market appears to have priced in a virtually guaranteed outcome from the very beginning, and no new information or differing viewpoints have emerged to create any trading activity or price discovery.

3. Market Data

View on Kalshi →

Contract Snapshot

The market resolves to YES if the officially certified total vote count for the 2026 Wisconsin Supreme Court election is above 1,600,000, otherwise it resolves to NO. Settlement is based solely on official, certified results from the Wisconsin Elections Commission, disregarding preliminary counts or ongoing appeals; if the election is postponed beyond one year or canceled, contracts resolve to NO. The market opened March 19, 2026, closes upon certification or by April 7, 2027, with payout 30 minutes after closing, and prohibits trading by employees of source agencies.

Available Contracts

Market options and current pricing

Outcome bucket Yes (price) No (price) Last trade probability
Above 1.4M $1.00 $0.04 100%
Above 1.2M $1.00 $0.00 100%
Above 1.0M $1.00 $0.01 99%
Above 1.3M $1.00 $0.01 99%
Above 1.6M $0.10 $0.96 10%
Above 2.2M $0.01 $1.00 3%
Above 1.8M $0.03 $1.00 1%
Above 2.0M $0.01 $1.00 1%
Above 1.7M $0.01 $1.00 0%

Market Discussion

Limited public discussion available for this market.

4. Who Advanced in the February 2026 Wisconsin Supreme Court Primary?

Conservative CandidateJudge Ben Lazar (February 2026 Primary) [^]
Liberal CandidateJudge Melissa Taylor (February 2026 Primary) [^]
Election DynamicClear conservative vs. liberal ideological divide [^]
The February 2026 primary advanced ideologically distinct candidates. Following the February 2026 Wisconsin Supreme Court primary, Judge Ben Lazar and Judge Melissa Taylor advanced to the general election. Judge Lazar is identified as the conservative candidate, advocating for judicial restraint and a strict interpretation of the law. Judge Taylor is profiled as the liberal or progressive candidate, emphasizing an expansive view of individual rights and focusing on equity, thereby creating a clear conservative versus liberal ideological dynamic [^].
This election mirrors past high-salience Supreme Court contests. The clear ideological divide between Judge Lazar and Judge Taylor is similar to the highly salient 2023 Protasiewicz versus Kelly race, which also featured a strong conservative versus liberal dynamic. This strong ideological contrast indicates that the 2026 general election is likely to be a high-salience contest, as Wisconsin Supreme Court elections with clear ideological divides and implications for the court's balance historically tend to generate significant public interest and higher voter turnout [^].

5. How Much Was Spent in the 2026 Wisconsin Supreme Court Election?

Early Media Buy (A Better Wisconsin Together)Nearly $1 million (early 2026) [^]
2023 Record Spending$45 million [^]
2026 Total SpendingOver $100 million [^]
Outside groups initiated spending for the 2026 Wisconsin Supreme Court election in late 2025 and early 2026. The liberal organization, A Better Wisconsin Together, made the first significant media purchase, reserving almost $1 million for advertising in early 2026 [^]. While specific details regarding early spending commitments or media reservations from the conservative Wisconsin Manufacturers & Commerce in late 2025 were not readily available in the provided sources, A Better Wisconsin Together's initial investment signaled strong engagement from external organizations [^].
Spending in the 2026 race vastly exceeded early projections, ultimately setting a new record. Public statements in late 2025 had suggested substantial spending for the election cycle, though initial forecasts were cautious, predicting the early rate might not immediately reach the record $45 million from the 2023 Supreme Court race [^]. Despite these early outlooks, the actual spending trajectory for the 2026 election surged. By April 2026, total expenditures on the race surpassed $100 million, nearly doubling the previous record set in 2023 for a Wisconsin Supreme Court election [^]. This demonstrates that substantial advertising efforts, building on early commitments, significantly boosted turnout and established a new spending benchmark [^].

6. How Will Wisconsin Supreme Court Rulings Impact 2026 Election?

Key Rulings ExpectedLegislative maps and abortion access before 2026 [^]
2026 SC Race Poll LeaderChris Taylor leads Maria Lazar [^]
Undecided VotersMajority of registered voters undecided [^]
The Wisconsin State Supreme Court is poised to deliver landmark rulings on legislative maps and abortion access before 2026. These anticipated decisions, stemming from the court's 2024-25 term, are expected to significantly influence voter engagement and turnout for the 2026 Wisconsin Supreme Court election. Such controversial rulings have the potential to act as a primary catalyst for a measurable surge in partisan voter engagement, leading to higher turnout [^].
Undecided voters and low early turnout suggest potential for shifts. Current polling for the 2026 Wisconsin Supreme Court race shows Chris Taylor leading Maria Lazar among likely voters. However, a substantial majority of registered voters remain undecided in the contest, suggesting significant room for shifts in public opinion once key court decisions are rendered [^]. While voter registration statistics are available [^], early voting activity for some recent elections has been notably lower compared to the 2025 Wisconsin Supreme Court race, indicating a baseline of lower early engagement that could be dramatically altered by high-profile judicial rulings [^].

7. Will Milwaukee and Madison Have Mayoral Elections in April 2026?

Mayoral Elections April 2026None in Milwaukee or Madison [^]
Milwaukee Mayor TermExpires April 2028 (re-elected April 2024) [^]
Madison Mayor TermExpires April 2027 (re-elected April 2023) [^]
Neither Milwaukee nor Madison will feature mayoral elections in April 2026. Milwaukee Mayor Cavalier Johnson was re-elected for a four-year term on April 2, 2024, with his current term concluding in April 2028 [^]. Similarly, Madison Mayor Satya Rhodes-Conway was re-elected in April 2023 for a four-year term, which will expire in April 2027 [^]. Consequently, no mayoral contests are scheduled for either city in the April 2026 ballot cycle.
Municipal elections for other offices will proceed in both cities. Despite the absence of mayoral races, both Milwaukee and Madison will conduct general municipal elections on April 7, 2026 [^]. In Milwaukee, offices such as City Attorney, City Comptroller, and all 15 Milwaukee Common Council seats are scheduled for election [^]. Madison's ballot will feature elections for all 15 Madison City Council seats [^]. Currently, there are no public indications of specific, highly controversial local referendums planned for April 2026 that would significantly increase voter turnout beyond typical municipal election levels.

8. What is the Operational Footprint of Wisconsin Parties for 2026?

Democratic Fundraising AdvantageOutpacing Republican Party of Wisconsin for 2026 election cycle [^]
Democratic Hiring SurgeSignificant hiring for 2026 election cycle underway [^]
Republican Field OfficesNew regional office opened in Waukesha [^]
Democratic Party of Wisconsin shows strong Q1 2026 mobilization capacity. The party appears to have an operational advantage in mobilization and staffing for the Q1 2026 election cycle, driven by a significant hiring surge and fundraising drive specifically aimed at the upcoming 2026 elections. This robust financial and staffing strategy, including a reported "hiring spree," positions the Democratic Party of Wisconsin strongly and indicates active investment in its future operations, particularly to support the 2026 Supreme Court election [^]. These financial successes suggest a robust capacity for mobilization, giving the Democratic Party a lead over the Republican Party of Wisconsin in available funds [^].
Republican Party expands, yet faces potential financial constraints. While specific staffing projections for Q1 2026 are not detailed for the Republican Party of Wisconsin, the party has demonstrated growth by opening a new regional field office in Waukesha [^]. However, the Democratic Party's reported fundraising lead implies that the Republican Party might operate with less financial flexibility, potentially limiting its capacity for large-scale hiring or extensive field expansion in the lead-up to the 2026 elections [^].

9. What Could Change the Odds

Key Catalysts

Catalyst analysis unavailable.

Key Dates & Catalysts

  • Expiration: April 07, 2027
  • Closes: April 07, 2027

10. Decision-Flipping Events

  • Trigger: Catalyst analysis unavailable.

12. Historical Resolutions

No historical resolution data available for this series.