Kalshi Funds $2.4M Financial Literacy Program

The three-year initiative with digital education company Everfi arrives as New York's attorney general pursues a $36 billion lawsuit against the firm.

Updated on Nov. 3, 2026 in Scholarships

Kalshi Funds $2.4M Financial Literacy Program

Prediction market company Kalshi has launched a three-year, $2.4 million program with digital education firm Everfi to teach New York public school students about social media and artificial intelligence. The curriculum, available in more than 100 New York public schools, includes a STEM career-readiness component covering data science, healthcare, software development and advanced manufacturing.

Why it matters

The program comes as New York Attorney General Letitia James sues Kalshi for $36 billion, alleging the company is circumventing state gambling laws through event contracts. For New York families and schools, the initiative puts a company under legal challenge into the classroom.

The three-year, $2.4 million initiative is delivered through Everfi's digital curriculum, which is currently available in more than 100 New York public schools. The attorney general's $36 billion damages claim against Kalshi, filed in July, has not been resolved.

The players

Kalshi

Kalshi is a regulated prediction market platform that offers event contracts to users, and it is the subject of the attorney general's lawsuit over alleged gambling-law evasion.

Letitia James

Letitia James is the New York Attorney General who filed the $36 billion lawsuit against Kalshi and a similar suit against Polymarket.

Everfi

Everfi is a digital education company whose curriculum is used in more than 100 New York public schools and which partners with Kalshi on the program.

The details

The curriculum teaches students to navigate social media and artificial intelligence and includes a STEM career-readiness component. Kalshi also donated $3 million last month to Housing Works to support a healthcare clinic in East Harlem.

Timeline

  1. July: Attorney General Letitia James sued Kalshi for $36 billion.

  2. August: The attorney general's office sued Polymarket the following month.

  3. October: Kalshi donated $3 million to Housing Works.

  4. Over the next three years: The Everfi school program is funded by Kalshi.

Industry Dynamics

The program unfolds against the attorney general's July suit against Kalshi and the August suit against Polymarket, which together put New York at the center of enforcement efforts targeting prediction markets. Corporate-funded educational partnerships in this sector are now operating alongside active state gambling-law challenges.

New York public school students in the more than 100 schools using the curriculum will encounter lessons on social media, artificial intelligence and STEM careers over the three-year program. Families in the state should note that the program's funder is simultaneously facing the attorney general's $36 billion lawsuit.

The takeaway

Students and parents evaluating school-based digital literacy programs may find it useful to ask who funds the curriculum and what its sponsor is facing. Corporate-backed education can be assessed alongside the sponsor's current legal and regulatory standing.

Further reading

Explore more on Scholarships for New York students and families.

Source note: This article includes information reported by Internewscast Journal.