What happens when a prediction market resolves?

When the event outcome is determined, the market resolves. Winning shares automatically pay out $1.00 each. Losing shares pay $0.00. On Polymarket, resolution is handled by the UMA oracle system, where token holders vote on the correct outcome. On Kalshi, the CFTC supervises settlement. You can withdraw your payout immediately after resolution. Disputed resolutions can delay payouts while the oracle process plays out.